Tax Table – New Brunswick 2025
Marginal rate applies on each dollar of additional income.
Table I4 – Tax Brackets – New Brunswick
| FEDERAL – 2025 | |
|---|---|
| $57,375 or less | 14.5% |
| $57,376 – $114,750 | $8,319 + 20.5% on next $57,375 |
| $114,751 – $177,882 | $20,081 + 26.0% on next $63,132 |
| $177,883 – $253,414 | $36,496 + 29.0% on next $75,532 |
| $253,415 and over | $58,400 + 33.0% on excess |
- 20.5% rate used for AMT1.
- Indexation rate of 2.7% in 2025.
| NEW BRUNSWICK – 2025 | |
|---|---|
| $51,306 or less | 9.40% |
| $51,307 – $102,614 | $4,823 + 14.00% on next $51,308 |
| $102,615 –$190,060 | $12,006 + 16.00% on next $87,446 |
| $190,061 and over | $25,997 + 19.50% on excess |
- AMT of 57% of federal AMT.
- Indexation rate of 2.7% in 2025.
| TAX CREDIT FOR DIVIDENDS FROM CANADIAN CORPORATIONS – 20252 | ||
|---|---|---|
| Eligible Dividends3 | Ordinary Dividends4 | |
| Federal | 15.02% | 9.03% |
| New Brunswick | 14.00% | 2.75% |
1 $177,882 basic exemption in 2025, indexed annually.
2 Rates applicable to grossed-up dividends.
3 38% gross-up.
4 15% gross-up.
3- New Brunswick
Table I2 – Main Non-Refundable Tax Credits – N.B. 2025
Federal (14.50%) New Brunswick (9.40%) $ $ Basic personal amount 16,1291 13,396 Spouse or eligible dependant 16,1291, 2, 3 10,4994 Disabled dependant aged 18
Table I3 – Marginal Rates – N.B. 2025
1 Rates applicable to actual dividends received (not grossed up).