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Atlantic Provinces   ->   Nova Scotia
Tax Rates   ->   Current Marginal Tax Rates -> Nova Scotia

Nova Scotia 2017 and 2018 Personal Marginal Income Tax Rates

The Nova Scotia tax brackets and personal tax credits are not increased for inflation.  The Federal tax brackets and personal amount are increased for 2018 by an indexation factor of 1.015.  The indexation factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency information.

The 2018 marginal tax rates for non-eligible dividends reflect the rates that are in effect automatically due to the change in the gross-up rate for 2018, as announced in the October 24, 2017 Fall Economic Statement.

Please read the article Understanding the Tables of Personal Income Tax Rates.

Nova Scotia Personal Income Tax Brackets and Tax Rates

2018 Taxable Income 2018 Tax Rates 2017 Taxable Income 2017 Tax Rates
first $29,590 8.79% first $29,590 8.79%
over $29,590 up to $59,180 14.95% over $29,590 up to $59,180 14.95%
over $59,180 up to $93,000 16.67% over $59,180 up to $93,000 16.67%
over $93,000 up to $150,000 17.50% over $93,000 up to $150,000 17.50%
over $150,000 21.00% over $150,000 21.00%

Combined Federal & Nova Scotia Tax Brackets and Tax Rates

2018 Taxable Income 2018 Marginal Tax Rates 2017 Taxable Income 2017 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $25,000 23.79% 11.90% -0.11% 12.30% first $29,590 23.79% 11.90% -0.11% 11.62%
over $25,000 up to $29,590 24.32% 12.16% 0.62% 12.91% over $29,590 up to $45,916 29.95% 14.98% 8.39% 18.83%
over $29,590 up to $46,605 30.48% 15.24% 9.12% 20.06% over $45,916 up to $59,180 35.45% 17.73% 15.98% 25.27%
over $46,605 up to $59,180 35.98% 17.99% 16.71% 26.44% over $59,180 up to $91,831 37.17% 18.59% 18.35% 27.28%
over $59,180 up to $74,999 37.70% 18.85% 19.09% 28.43% over $91,831 up to $93,000 42.67% 21.34% 25.94% 33.71%
over $74,999 up to $93,000 37.17% 18.59% 18.35% 27.82% over $93,000 up to $142,353 43.50% 21.75% 27.09% 34.68%
over $93,000 up to $93,208 38.00% 19.00% 19.50% 28.78% over $142,353 up to $150,000 46.50% 23.25% 31.23% 38.19%
over $93,208 up to $144,489 43.50% 21.75% 27.09% 35.16% over $150,000 up to $202,800 50.00% 25.00% 36.06% 42.29%
over $144,489 up to $150,000 46.50% 23.25% 31.23% 38.64% over $202,800 54.00% 27.00% 41.58% 46.97%
over $150,000 up to $205,842 50.00% 25.00% 36.06% 42.70%  
over $205,842 54.00% 27.00% 41.58% 47.34%

Marginal tax rate for dividends is a % of actual dividends received (not grossed-up taxable amount).
Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).
Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 17% in 2017, and 16% in 2018.
For more information see Nova Scotia dividend tax credits.

(1) The additional $3,000 personal amount for 2018, which is reduced at the rate of 6% of taxable income in excess of $25,000, is reflected in the marginal tax rates above.  It is reduced to zero at taxable income of $75,000.  This increases the marginal tax rates for taxable incomes over $25,000 and under $75,000.  The regular personal amount of $8,481 for 2018 does not affect marginal tax rates for taxable income over $8,481, because it is not reduced as taxable income increases.

Nova Scotia Basic Personal Amount

2018 Personal Amount 2018 Tax Rate 2017 Personal Amount 2017 Tax Rate
$8,481 (1) 8.79% $8,481 8.79%

Federal Basic Personal Amount

2018 Personal Amount 2018 Tax Rate 2017 Personal Amount 2017 Tax Rate
$11,809 15% $11,635 15%

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Revised: November 22, 2017

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