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Tax Rates -> 2020 and 2021 Tax Rates -> Manitoba Personal Income Tax Rates
Manitoba 2021 and 2020 Personal Marginal Income Tax Rates
Manitoba Income Tax Act s. 4, 4.1, 4.6, 4.7
The Manitoba income tax brackets and basic personal amount are indexed, which began in 2017, but other Manitoba personal tax credits are not indexed.
The Manitoba brackets and basic personal amount are increased for 2021 by an indexation factor of 1.010.
The Federal tax brackets and personal tax credit amounts are increased for 2021 by an indexation factor of 1.010.
The indexation factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency information.
Tax Tip: read the article Understanding the Tables of Personal Income Tax Rates, especially if you are trying to compare the rates below to the marginal tax rates in the Basic Tax Calculator.
| Manitoba Personal Income Tax Brackets and Tax Rates | |||||||||
| 2021 Taxable Income | 2021 Tax Rates | 2020 Taxable Income | 2020 Tax Rates | ||||||
| first $33,723 | 10.80% | first $33,389 | 10.80% | ||||||
| over $33,723 up to $72,885 | 12.75% | over $33,389 up to $72,164 | 12.75% | ||||||
| over $72,885 | 17.40% | over $72,164 | 17.40% | ||||||
| Combined Federal & Manitoba Tax Brackets and Tax Rates | |||||||||
| 2021 Taxable Income | 2021 Marginal Tax Rates | 2020 Taxable Income | 2020 Marginal Tax Rates | ||||||
| Other Income |
Capital Gains |
Canadian Dividends | Other Income |
Capital Gains |
Canadian Dividends | ||||
| Eligible | Non-Eligible | Eligible | Non-Eligible | ||||||
| first $33,723 | 25.80% | 12.90% | 3.84% | 18.38% | first $33,389 | 25.80% | 12.90% | 3.84% | 18.38% |
| over $33,723 up to $49,020 | 27.75% | 13.88% | 6.53% | 20.63% | over $33,389 up to $48,535 | 27.75% | 13.88% | 6.53% | 20.63% |
| over $49,020 up to $72,885 | 33.25% | 16.63% | 14.12% | 26.95% | over $48,535 up to $72,164 | 33.25% | 16.63% | 14.12% | 26.95% |
| over $72,885 up to $98,040 | 37.90% | 18.95% | 20.53% | 32.30% | over $72,164 up to $97,069 | 37.90% | 18.95% | 20.53% | 32.30% |
| over $98,040 up to $151,978 | 43.40% | 21.70% | 28.12% | 38.62% | over $97,069 up to $150,473 | 43.40% | 21.70% | 28.12% | 38.62% |
| over $151,978 up to $216,511(1) | 46.72% | 23.36% | 32.71% | 42.44% | over $150,473 up to $214,368(1) | 46.62% | 23.31% | 32.57% | 42.32% |
| over $216,511 | 50.40% | 25.20% | 37.78% | 46.67% | over $214,368 | 50.40% | 25.20% | 37.78% | 46.67% |
|
Marginal tax rate for dividends is a % of actual
dividends received (not grossed-up taxable 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 15%. For more information see Manitoba dividend tax credits. |
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| Manitoba Basic Personal Amount | |||||||||
| 2021 Personal Amount | 2021 Tax Rate | 2020 Personal Amount | 2020 Tax Rate | ||||||
| $9,936 | 10.80% | $9,838 | 10.80% | ||||||
| Federal Basic Personal Amount | |||||||||
| 2021 Personal Amount (1) | 2021 Tax Rate | 2020 Personal Amount (1) | 2020 Tax Rate | ||||||
| $13,808 | 15% | $13,229 | 15% | ||||||
(1) See the federal tax rates page for information on the federal personal amount increase.
The marginal tax rates above have been adjusted to reflect these changes.
Copyright © 2002 Boat Harbour Investments Ltd.
Revised: October 26, 2023