New Brunswick income tax calculator

This is New Brunswick income tax calculator for NB province residents in 2016-2012 years. Current tax rates in New Brunswick and federal tax rates are listed below.

IMPORTANT: This tax calculator is used for income tax estimation. Please use Intuit TurboTax if you want to fill your tax return and get tax rebate for previous year. It is free for simple tax returns or gives you 10% discount for more complicated tax returns.


 
 
 
 
 
 
All numbers are rounded off to the nearest integer.

Here is list of free tax return software to file your tax return.

New Brunswick income tax rates 2016

In 2016 NB basic personal amount and tax brackets were indexed using federal indexation factor 1.3. Basic personal amount is $9,758 for 2016.

Taxable income Rate
from $0 to $40,492 9.68%
from $40,493 to $80,985 14.82%
from $80,986 to $131,664 16.52%
from $131,665 to $150,000 17.84%
over $150,001 20.30%

Federal income tax rates in Canada for 2016

In 2016 Canadian federal income tax brackets and base amount were increased by ~1.3%.

Federal personal base amount is $11,474.

Taxable income Rate
0 – $45282 15.00%
$45283 – $90563 $5071.20 + 20.50% for income over $45282
$90564 – $140388 $14353.60 + 26.00% for income over $90563
$140389 – $200000 $27987.52 + 29.00% for income over $140388
over $200001 $45275.00 + 33.00% for income over $200001

Historical New Brunswick tax brackets are listed here and historical federal tax brackets and rates can be found here.