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Manitoba 2016 and 2017 Personal Marginal
Income Tax Rates
The Manitoba 2016 Budget of May 31, 2016 indicated
that starting in 2017, the income tax brackets and basic personal amount would
be indexed for inflation.
The Federal tax brackets and personal amounts are increased for 2017 by an indexation factor of
1.014, and the Manitoba brackets and amounts are increased by an indexation
factor of 1.015. The indexation
factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency
information.
Manitoba
Personal Income Tax Brackets and Tax Rates
2017
Taxable Income
2017
Tax Rates
2016
Taxable Income
2016
Tax Rates
first $31,465
10.80%
first $31,000
10.80%
over $31,465 up to
$68,005
12.75%
over $31,000 up to
$67,000
12.75%
over $68,005
17.40%
over $67,000
17.40%
Combined Federal
& Manitoba Tax Brackets and Tax Rates
2017
Taxable Income
2017
Marginal Tax Rates
2016
Taxable Income
2016
Marginal Tax Rates
Other
Income
Capital
Gains
Canadian
Dividends
Other
Income
Capital
Gains
Canadian
Dividends
Eligible
Non-Eligible
Eligible
Non-Eligible
first $31,465
25.80%
12.90%
3.84%
16.96%
first $31,000
25.80%
12.90%
3.84%
16.96%
over $31,465 up to
$45,916
27.75%
13.88%
6.53%
19.24%
over $31,000 up to
$45,282
27.75%
13.88%
6.53%
19.24%
over $45,916 up to $68,005
33.25%
16.63%
14.12%
25.68%
over $45,282 up to $67,000
33.25%
16.63%
14.12%
25.68%
over $68,005 up to
$91,831
37.90%
18.95%
20.53%
31.12%
over $67,000 up to
$90,563
37.90%
18.95%
20.53%
31.12%
over $91,831 up to $142,353
43.40%
21.70%
28.12%
37.55%
over $90,563 up to $140,388
43.40%
21.70%
28.12%
37.55%
over $142,353 up
to $202,800
46.40%
23.20%
32.26%
41.06%
over $140,388 up
to $200,000
46.40%
23.20%
32.26%
41.06%
over $202,800
50.40%
25.20%
37.78%
45.74%
over $200,000
50.40%
25.20%
37.78%
45.74%
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).
Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is
17%.
For more information see Manitoba
dividend tax
credits.
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