TaxTips.ca - Manitoba 2011 and 2012 Personal Marginal Income Tax Rates

Manitoba (MB) Personal Income Tax Brackets and Rates
2012 Taxable Income			2012 Tax Rates		2011 Taxable Income			2011 Tax Rates
first $31,000			10.80%		first $31,000			10.80%
over $31,000 up to $67,000			12.75%		over $31,000 up to $67,000			12.75%
over $67,000			17.40%		over $67,000			17.40%
Manitoba (MB) Combined Federal & Provincial Tax Rates
2012 Taxable Income	2012 Marginal Tax Rates				2011 Taxable Income	2011 Marginal Tax Rates
	Other Income	Capital Gains	Canadian Dividends			Other Income	Capital Gains	Canadian Dividends
			Eligible Dividends	Non-Eligible Dividends				Eligible Dividends	Non-Eligible Dividends
first $31,000	25.80%	12.90%	3.84%	13.40%	first $31,000	25.80%	12.90%	-2.31%	13.40%
over $31,000 up to $42,707	27.75%	13.88%	6.53%	15.83%	over $31,000 up to $41,544	27.75%	13.88%	0.44%	15.83%
over $42,707 up to $67,000	34.75%	17.38%	16.19%	24.58%	over $41,544 up to $67,000	34.75%	17.38%	10.31%	24.58%
over $67,000 up to $85,414	39.40%	19.70%	22.60%	30.40%	over $67,000 up to $83,088	39.40%	19.70%	16.87%	30.40%
over $85,414 up to $132,406	43.40%	21.70%	28.12%	35.40%	over $83,088 up to $128,800	43.40%	21.70%	22.51%	35.40%
over $132,406	46.40%	23.20%	32.26%	39.15%	over $128,800	46.40%	23.20%	26.74%	39.15%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount). Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).
MB Basic Personal Amount
2012	Tax Rate				2011	Tax Rate
$8,634	10.80%				$8,384	10.80%
Federal Basic Personal Amount
2012	Tax Rate				2011	Tax Rate
$10,822	15.00%				$10,527	15.00%

Manitoba 2012 and 2011 Personal Marginal Income Tax Rates

The Manitoba tax brackets are not increased for inflation. The basic personal amount has been increased by $250 as per the 2011 Budget. The Federal tax brackets and personal amount were increased for 2012 by an indexation factor of 1.028. The marginal tax rates on eligible dividends are increased in 2012 as per the Manitoba 2012 Budget.

Manitoba -> Tax Rates -> 2012 and 2011 Tax Rates -> Manitoba Personal Income Tax Rates

Manitoba 2012 and 2011 Personal Marginal Income Tax Rates