Prince Edward Island income tax calculator

This is income tax calculator for Prince Edward Island residents for year 2015, 2014, 2013 and 2012. Current tax rates in Prince Edward Island and federal tax rates are listed below and check.


 
 
 
 
 
 
All numbers are rounded off to the nearest integer.

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

Prince Edward Island income tax rates 2016

In 2016 PE basic personal amount, tax brackets and tax rates were the same as in 2015 tax year. Basic personal amount is $7,708.

Taxable income Rate
0 to $31,984 9.80%
$31,984.01 to $63,969 13.80%
over $63,969 16.70%

Surtax rate is also the same as it was in 2015. It is 10% for the income tax greater then $12,500.

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 Prince Edward Island tax brackets are listed here and historical federal tax brackets and rates can be found here.

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