Quebec
Tax Rates -> 2017 & 2018 Marginal Tax Rates -> Quebec 2017 and 2018 Personal Income Tax Rates
Quebec 2017 and 2018 Personal Marginal Income Tax Rates
The Quebec tax brackets and personal amount are increased for 2018 by an indexation factor of 1.0082. Quebec's indexation factor is calculated using the Quebec consumer price index (CPI) without alcoholic beverages and tobacco products. The Federal tax brackets and personal amount are increased for 2018 by an indexation factor of 1.015. The indexation factors, tax rates and increases to tax brackets have been confirmed to Canada Revenue Agency information, and the Quebec tax brackets have been confirmed to Revenue Quebec information. The Quebec basic personal amount was adjusted by $2, because legislation was tabled to change the rounding to the nearest $1 instead of the nearest $5 for this amount, beginning with the 2018 taxation year.
The 2018 marginal tax rates for eligible and non-eligible dividends reflect the rates that are in effect after March 27, 2018, as announced in the Quebec 2018 Budget.
The Quebec November 21, 2017 Economic Plan Update reduced the 2017 personal tax credit rate and lowest tax bracket rate to 15%, a further reduction from the Quebec 2017 Budget reduction to 16% from 20%. As a result of the reduction to 16%, the amounts of many credits were increased so that the tax reduction will be the same as it was with the 20% rate, except for the basic personal amount. It was increased more, so that the tax reduction is increased by $55 per person. The basic personal amount was not revised further with the reduction in the lowest tax rate to 15%.
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%. The Quebec personal amount shown below is before the reduction from the federal tax abatement.
Please read the article Understanding the Tables of Personal Income Tax Rates.
Quebec Personal Income Tax Brackets and Tax Rates |
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| 2018 Taxable Income | 2018 Tax Rates | 2017 Taxable Income | 2017 Tax Rates | ||||||
| first $43,055 | 15.00% | first $42,705 | 15.00% | ||||||
| over $43,055 up to $86,105 | 20.00% | over $42,705 up to $85,405 | 20.00% | ||||||
| over $86,105 up to $104,765 | 24.00% | over $85,405 up to $103,915 | 24.00% | ||||||
| over $104,765 | 25.75% | over $103,915 | 25.75% | ||||||
Combined Federal & Quebec Tax Brackets and Tax Rates |
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| 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 $43,055 | 27.53% | 13.76% | 4.31% | 14.93% | first $42,705 | 27.53% | 13.76% | 4.26% | 13.68% |
| over $43,055 up to $46,605 | 32.53% | 16.26% | 11.21% | 20.73% | over $42,705 up to $45,916 | 32.53% | 16.26% | 11.16% | 19.53% |
| over $46,605 up to $86,105 | 37.12% | 18.56% | 17.55% | 26.06% | over $45,916 up to $85,405 | 37.12% | 18.56% | 17.49% | 24.90% |
| over $86,105 up to $93,208 | 41.12% | 20.56% | 23.07% | 30.70% | over $85,405 up to $91,831 | 41.12% | 20.56% | 23.01% | 29.58% |
| over $93,208 up to $104,765 | 45.71% | 22.86% | 29.41% | 36.02% | over $91,831 up to $103,915 | 45.71% | 22.86% | 29.35% | 34.95% |
| over $104,765 up to $144,489 | 47.46% | 23.73% | 31.82% | 38.05% | over $103,915 up to $142,353 | 47.46% | 23.73% | 31.77% | 37.00% |
| over $144,489 up to $205,842 | 49.97% | 24.98% | 35.28% | 40.96% | over $142,353 up to $202,800 | 49.97% | 24.98% | 35.22% | 39.93% |
| over $205,842 | 53.31% | 26.65% | 39.89% | 44.83% | over $202,800 | 53.31% | 26.65% | 39.83% | 43.84% |
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Marginal tax rate for dividends is a % of actual
dividends received (not grossed-up taxable amount). |
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Quebec Basic Personal Amount |
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| 2018 Personal Amount | 2018 Tax Rate | 2017 Personal Amount | 2017 Tax Rate | ||||||
| $15,012 | 15% | $14,890 | 15% | ||||||
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Federal Basic Personal Amount |
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| 2018 Personal Amount | 2018 Tax Rate | 2017 Personal Amount | 2017 Tax Rate | ||||||
| $11,809 | 15% | $11,635 | 15% | ||||||
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Revised: October 26, 2023