New Brunswick
Tax table 2023
This document is up to date as of August 31, 2023 and reflects the status of legislation, including proposed amendments at this date.
For rates in 2024, consult this pdf.
| Taxable Income | Tax | Effective Rate | Marginal Rate | ||||
|---|---|---|---|---|---|---|---|
| Federal | New-Brunswick | Total | Federal | New-Brunswick | Total | ||
| $ 10,000 11,000 12,000 13,000 |
$ – – – – |
$ – – – 51 |
$ – – – 51 |
% 0.00 0.00 0.00 0.39 |
% 0.00 0.00 0.00 0.00 |
% 0.00 0.00 5.10 9.40 |
% 0.00 0.00 5.10 9.40 |
| 14,000 15,000 16,000 17,000 |
– – 150 300 |
145 239 333 427 |
145 239 483 727 |
1.04 1.59 3.02 4.28 |
0.00 15.00 15.00 15.00 |
9.40 9.40 9.40 9.40 |
9.40 24.40 24.40 24.40 |
| 18,000 19,000 20,000 21,000 |
450 600 750 900 |
521 615 709 803 |
971 1,215 1,459 1,703 |
5.39 6.39 7.29 8.11 |
15.00 15.00 15.00 15.00 |
9.40 9.40 9.40 9.40 |
24.40 24.40 24.40 24.40 |
| 22,000 23,000 24,000 25,000 |
1,050 1,200 1,350 1,500 |
897 991 1,085 1,179 |
1,947 2,191 2,435 2,679 |
8.85 9.53 10.15 10.72 |
15.00 15.00 15.00 15.00 |
9.40 9.40 9.40 9.40 |
24.40 24.40 24.40 24.40 |
| 26,000 27,000 28,000 29,000 |
1,650 1,800 1,950 2,100 |
1,273 1,367 1,461 1,555 |
2,923 3,167 3,411 3,655 |
11.24 11.73 12.18 12.60 |
15.00 15.00 15.00 15.00 |
9.40 9.40 9.40 9.40 |
24.40 24.40 24.40 24.40 |
| 30,000 31,000 32,000 33,000 |
2,250 2,400 2,550 2,700 |
1,649 1,743 1,837 1,931 |
3,899 4,143 4,387 4,631 |
13.00 13.36 13.71 14.03 |
15.00 15.00 15.00 15.00 |
9.40 9.40 9.40 9.40 |
24.40 24.40 24.40 24.40 |
| 34,000 35,000 36,000 37,000 |
2,850 3,000 3,150 3,300 |
2,025 2,119 2,213 2,307 |
4,875 5,119 5,363 5,607 |
14.34 14.63 14.90 15.15 |
15.00 15.00 15.00 15.00 |
9.40 9.40 9.40 9.40 |
24.40 24.40 24.40 24.40 |
| 38,000 39,000 40,000 41,000 |
3,450 3,600 3,750 3,900 |
2,401 2,495 2,589 2,683 |
5,851 6,095 6,339 6,583 |
15.40 15.63 15.85 16.06 |
15.00 15.00 15.00 15.00 |
9.40 9.40 9.40 9.40 |
24.40 24.40 24.40 24.40 |
| 42,000 43,000 44,000 45,000 |
4,050 4,200 4,350 4,500 |
2,777 2,871 2,965 3,059 |
6,827 7,071 7,315 7,559 |
16.25 16.44 16.62 16.80 |
15.00 15.00 15.00 15.00 |
9.40 9.40 9.40 9.40 |
24.40 24.40 24.40 24.40 |
| 46,000 47,000 48,000 49,000 |
4,650 4,800 4,950 5,100 |
3,153 3,247 3,354 3,494 |
7,803 8,047 8,304 8,594 |
16.96 17.12 17.30 17.54 |
15.00 15.00 15.00 15.00 |
9.40 10.71 14.00 14.00 |
24.40 25.71 29.00 29.00 |
| 50,000 51,000 52,000 53,000 |
5,250 5,400 5,500 5,700 |
3,634 3,774 3,914 4,054 |
8,884 9,174 9,464 9,754 |
17.77 17.99 18.20 18.40 |
15.00 15.00 15.00 18.53 |
14.00 14.00 14.00 14.00 |
29.00 29.00 29.00 32.53 |
| 54,000 55,000 56,000 57,000 |
5,885 6,090 6,295 6,500 |
4,194 4,334 4,474 4,614 |
10,079 10,424 10,769 11,114 |
18.67 18.95 19.23 19.50 |
20.50 20.50 20.50 20.50 |
14.00 14.00 14.00 14.00 |
34.50 34.50 34.50 34.50 |
| 58,000 59,000 60,000 61,000 |
6,705 6,910 7,115 7,320 |
4,754 4,894 5,034 5,174 |
11,459 11,804 12,149 12,494 |
19.76 20.01 20.25 20.48 |
20.50 20.50 20.50 20.50 |
14.00 14.00 14.00 14.00 |
34.50 34.50 34.50 34.50 |
| 62,000 63,000 64,000 65,000 |
7,525 7,730 7,935 8,140 |
5,314 5,454 5,594 5,734 |
12,839 13,184 13,529 13,874 |
20.71 20.93 21.14 21.35 |
20.50 20.50 20.50 20.50 |
14.00 14.00 14.00 14.00 |
34.50 34.50 34.50 34.50 |
| 66,000 67,000 68,000 69,000 |
8,345 8,550 8,755 8,960 |
5,874 6,014 6,154 6,294 |
14,219 14,564 14,909 15,254 |
21.54 21.74 21.93 22.11 |
20.50 20.50 20.50 20.50 |
14.00 14.00 14.00 14.00 |
34.50 34.50 34.50 34.50 |
| 70,000 71,000 72,000 73,000 |
9,165 9,370 9,575 9,780 |
6,434 6,574 6,714 6,854 |
15,599 15,944 16,289 16,634 |
22.28 22.46 22.62 22.79 |
20.50 20.50 20.50 20.50 |
14.00 14.00 14.00 14.00 |
34.50 34.50 34.50 34.50 |
| 74,000 75,000 80,000 85,000 |
9,985 10,190 11,215 12,240 |
6,994 7,134 7,834 8,534 |
16,979 17,324 19,049 20,774 |
22.95 23.10 23.81 24.44 |
20.50 20.50 20.50 20.50 |
14.00 14.00 14.00 14.00 |
34.50 34.50 34.50 34.50 |
| 90,000 95,000 100,000 105,000 |
13,265 14,290 15,315 16,340 |
9,234 9,934 10,725 11,525 |
22,499 24,224 26,040 27,865 |
25.00 25.50 26.04 26.54 |
20.50 20.50 20.50 24.11 |
14.00 15.83 16.00 16.00 |
34.50 36.33 36.50 40.11 |
| 110,000 115,000 120,000 125,000 |
17,546 18,846 20,146 21,446 |
12,325 13,125 13,925 14,725 |
29,871 31,971 34,071 36,171 |
27.16 27.80 28.39 28.94 |
26.00 26.00 26.00 26.00 |
16.00 16.00 16.00 16.00 |
42.00 42.00 42.00 42.00 |
| 130,000 140,000 150,000 160,000 |
22,746 25,346 27,946 30,546 |
15,525 17,125 18,725 20,325 |
38,271 42,471 46,671 50,871 |
29.44 30.34 31.11 31.79 |
26.00 26.00 26.00 27.52 |
16.00 16.00 16.00 16.00 |
42.00 42.00 42.00 43.52 |
| 170,000 180,000 190,000 200,000 |
33,297 36,229 39,161 42,092 |
21,925 23,639 25,589 27,539 |
55,222 59,868 64,750 69,631 |
32.48 33.26 34.08 34.82 |
29.32 29.32 29.32 30.37 |
17.14 19.50 19.50 19.50 |
46.46 48.82 48.82 49.87 |
| 250,000 300,000 350,000 400,000 |
57,278 73,778 90,278 106,778 |
37,289 47,039 56,789 66,539 |
94,567 120,817 147,067 173,317 |
37.83 40.27 42.02 44.33 |
33.00 33.00 33.00 33.00 |
19.50 19.50 19.50 19.50 |
52.50 52.50 52.50 52.50 |
Marginal rate applies on each dollar of additional income.
Federal
Basic personal credit of $2,250 (gradually reduced when income is greater than $165,430, up to a minimum credit of $2,028).
2) Indexation rate of 6.3%.
New Brunswick
1) This table does not take into account the low income tax reduction.
2) Basic personal credit of $1,171.
3) Indexation rate of 6.3%.
This document is up to date as of August 31, 2023 and reflects the status of legislation, including proposed amendments at this date.
Tax table 2023
New Brunswick
