Nova Scotia -> Tax Rates -> 2016 & 2017 Tax Rates-> Nova Scotia 2016 & 2017 Income Tax Rates
Nova Scotia 2016 and 2017 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 2017 by an indexation factor of 1.014. The indexation factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency information.
Please read the article Understanding the Tables of Personal Income Tax Rates.
Nova Scotia Personal Income Tax Brackets and Tax Rates |
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| 2017 Taxable Income | 2017 Tax Rates | 2016 Taxable Income | 2016 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 |
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| 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 $29,590 | 23.79% | 11.90% | -0.11% | 11.62% | first $29,590 | 23.79% | 11.90% | -0.11% | 11.62% |
| over $29,590 up to $45,916 | 29.95% | 14.98% | 8.39% | 18.83% | over $29,590 up to $45,282 | 29.95% | 14.98% | 8.39% | 18.83% |
| over $45,916 up to $59,180 | 35.45% | 17.73% | 15.98% | 25.27% | over $45,282 up to $59,180 | 35.45% | 17.73% | 15.98% | 25.27% |
| over $59,180 up to $91,831 | 37.17% | 18.59% | 18.35% | 27.28% | over $59,180 up to $90,563 | 37.17% | 18.59% | 18.35% | 27.28% |
| over $91,831 up to $93,000 | 42.67% | 21.34% | 25.94% | 33.71% | over $90,563 up to $93,000 | 42.67% | 21.34% | 25.94% | 33.71% |
| over $93,000 up to $142,353 | 43.50% | 21.75% | 27.09% | 34.68% | over $93,000 up to $140,388 | 43.50% | 21.75% | 27.09% | 34.68% |
| over $142,353 up to $150,000 | 46.50% | 23.25% | 31.23% | 38.19% | over $140,388 up to $150,000 | 46.50% | 23.25% | 31.23% | 38.19% |
| over $150,000 up to $202,800 | 50.00% | 25.00% | 36.06% | 42.29% | over $150,000 up to $200,000 | 50.00% | 25.00% | 36.06% | 42.29% |
| over $202,800 | 54.00% | 27.00% | 41.58% | 46.97% | over $200,000 | 54.00% | 27.00% | 41.58% | 46.97% |
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2016 Marginal tax rates for
non-eligible dividends were revised as per the NS
2016 Budget. |
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Nova Scotia Basic Personal Amount |
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| 2017 Personal Amount | 2017 Tax Rate | 2016 Personal Amount | 2016 Tax Rate | ||||||
| $8,481 | 8.79% | $8,481 | 8.79% | ||||||
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Federal Basic Personal Amount |
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| 2017 Personal Amount | 2017 Tax Rate | 2016 Personal Amount | 2016 Tax Rate | ||||||
| $11,635 | 15% | $11,474 | 15% | ||||||
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Revised: October 26, 2023