Newfoundland and Labrador tax brackets and rates

Here is a list of historical tax brackets and tax rates for Newfoundland and Labrador. Use Newfoundland and Labrador tax calculator to check how much taxes you need to pay.

2016 2015 2014 2013 2012

Newfoundland and Labrador income tax rates 2016

In 2016 Newfoundland and Labrador basic personal amount and tax brackets were indexed using indexation factor 1.004. Basic personal amount is $8,802 for 2016.

Taxable income Rate
from $0 to $35,148 8.20%
from $35,149 to $70,295 13.50%
from $70,296 to $125,500 14.55%
from $125,501 to $175,700 15.80%
over $175,700 16.80%

Newfoundland and Labrador income tax rates 2015

In 2015 Newfoundland and Labrador basic personal amount and tax brackets were indexed using indexation factor 1.022. Basic personal amount is $8,767 for 2015.

It was introduced new tax brackets for income over $125,000 and $175,000 in 2015.

Taxable income Rate
from 0 up to $35,008 7.7%
from $35,008.01 up to $70,015 12.50%
from $70,015.01 up to $125,000 13.3%
from $125,000.01 up to $175,000 13.8%
over $175,000 14.30%

Newfoundland and Labrador income tax rates 2014

In 2014 Newfoundland and Labrador basic personal amount and tax brackets were indexed using indexation factor 1.015. Basic personal amount is $8,578 for 2014.

Taxable income Rate
from 0 up to $34,254 7.7%
from $34,254.01 up to $68,508 12.50%
over $68,508 13.30%

 

Newfoundland and Labrador income tax rates 2013

In 2013 Newfoundland and Labrador basic personal amount and tax brackets were indexed using indexation factor 1.026. Basic personal amount is $8,451 for 2013.

Taxable income Rate
from 0 up to $33,748 7.7%
from $33,748.01 up to $67,496 12.50%
over $67,496 13.30%

 

Newfoundland and Labrador income tax rates 2012

Basic personal amount for 2012 in Newfoundland and Labrador was $8,237.

Taxable income Rate
from 0 up to $32,893 7.70%
from $32,893.01 up to $65,785 12.50%
over $65,785 13.30%

Leave a Reply

Your email address will not be published. Required fields are marked *