Quebec -> Tax Rates -> 2014 and 2015 Marginal Tax Rates -> Quebec Personal Income Tax Rates
Quebec 2014 and 2015 Personal Marginal Income Tax Rates
The Quebec tax brackets and personal amount were increased for 2015 by an indexation factor of 1.0106. Quebec's indexation factor is calculated using the consumer price index (CPI) without alcoholic beverages and tobacco products. The Federal tax brackets and personal amount were increased for 2015 by an indexation factor of 1.017, and the federal amounts been confirmed. The Quebec factor and amounts have been confirmed, with no adjustments necessary.
The tax rates below include the reduction in rate due to the federal tax abatement of 16.5% of federal tax. However, this abatement is applied to the net federal tax after deducting the basic personal amount. For this reason, the federal personal amount tax credit is also reduced by 16.5%, which is not reflected below.
Please read the article Understanding the Tables of Personal Income Tax Rates.
Quebec Personal Income Tax Brackets and Tax Rates |
|||||||||
| 2015 Taxable Income | 2015 Tax Rates | 2014 Taxable Income | 2014 Tax Rates | ||||||
| first $41,935 | 16.00% | first $41,495 | 16.00% | ||||||
| over $41,935 up to $83,865 | 20.00% | over $41,495 up to $82,985 | 20.00% | ||||||
| over $83,865 up to $102,040 | 24.00% | over $82,985 up to $100,970 | 24.00% | ||||||
| over $102,040 | 25.75% | over $100,970 | 25.75% | ||||||
Combined Federal & Quebec Tax Brackets and Tax Rates |
|||||||||
| 2015 Taxable Income | 2015 Marginal Tax Rates | 2014 Taxable Income | 2014 Marginal Tax Rates | ||||||
| Other Income |
Capital Gains |
Canadian Dividends | Other Income |
Capital Gains |
Canadian Dividends | ||||
| Eligible | Non-Eligible | Eligible | Non-Eligible | ||||||
| first $41,935 | 28.53% | 14.26% | 5.64% | 14.49% | first $41,495 | 28.53% | 14.26% | 5.64% | 14.49% |
| over $41,935 up to $44,701 | 32.53% | 16.26% | 11.16% | 19.21% | over $41,495 up to $43,953 | 32.53% | 16.26% | 11.16% | 19.21% |
| over $44,701 up to $83,865 | 38.37% | 19.19% | 19.22% | 26.10% | over $43,953 up to $82,985 | 38.37% | 19.19% | 19.22% | 26.10% |
| over $83,865 up to $89,401 | 42.37% | 21.19% | 24.74% | 30.82% | over $82,985 up to $87,907 | 42.37% | 21.19% | 24.74% | 30.82% |
| over $89,401 up to $102,040 | 45.71% | 22.86% | 29.35% | 34.76% | over $87,907 up to $100,970 | 45.71% | 22.86% | 29.35% | 34.76% |
| over $102,040 up to $138,586 | 47.46% | 23.73% | 31.77% | 36.83% | over $100,970 up to $136,270 | 47.46% | 23.73% | 31.77% | 36.83% |
| over $138,586 | 49.97% | 24.98% | 35.22% | 39.78% | over $136,270 | 49.97% | 24.98% | 35.22% | 39.78% |
|
Marginal tax rate for dividends is a % of actual
dividends received (not grossed-up amount). |
|||||||||
|
Quebec Basic Personal Amount |
|||||||||
| 2015 | Tax Rate | 2014 | Tax Rate | ||||||
| $11,425 | 20% | $11,305 | 20% | ||||||
|
Federal Basic Personal Amount |
|||||||||
| 2015 | Tax Rate | 2014 | Tax Rate | ||||||
| $11,327 | 15% | $11,138 | 15% | ||||||
Revised: October 26, 2023