New Brunswick

Tax table 2020

 

This document is up to date as of September 3, 2020 and reflects the status of legislation, including proposed amendments at this date.

Taxable Income Tax Effective Rate Marginal Rate
Federal New-Brunswick Total Federal New-Brunswick Total
$
10,000
11,000
12,000
13,000
$
0
0
0
0
$
0
52
149
246
$

52
149
246
%
0.00
0.48
1.24
1.89
%
0.00
0.00
0.00
11.57
%
5.24
9.68
9.68
9.68
%
5.24
9.68
9.68
21.25
14,000
15,000
16,000
17,000
116
266
416
566
343
440
536
633
458
705
952
1,199
3.27
4.70
5.95
7.05
15.00
15.00
15.00
15.00
9.68
9.68
9.68
9.68
24.68
24.68
24.68
24.68
18,000
19,000
20,000
21,000
716
866
1,016
1,166
730
827
924
1,020
1,446
1,692
1,939
2,186
8.03
8.91
9.70
10.41
15.00
15.00
15.00
15.00
9.68
9.68
9.68
9.68
24.68
24.68
24.68
24.68
22,000
23,000
24,000
25,000
1,316
1,466
1,616
1,766
1,117
1,214
1,311
1,408
2,433
2,680
2,926
3,173
11.06
11.65
12.19
12.69
15.00
15.00
15.00
15.00
9.68
9.68
9.68
9.68
24.68
24.68
24.68
24.68
26,000
27,000
28,000
29,000
1,916
2,066
2,216
2,366
1,504
1,601
1,698
1,795
3,420
3,667
3,914
4,160
13.15
13.58
13.98
14.35
15.00
15.00
15.00
15.00
9.68
9.68
9.68
9.68
24.68
24.68
24.68
24.68
30,000
31,000
32,000
33,000
2,516
2,666
2,816
2,966
1,892
1,988
2,085
2,182
4,407
4,654
4,901
5,148
14.69
15.01
15.32
15.60
15.00
15.00
15.00
15.00
9.68
9.68
9.68
9.68
24.68
24.68
24.68
24.68
34,000
35,000
36,000
37,000
3,116
3,266
3,416
3,566
2,279
2,376
2,472
2,569
5,394
5,641
5,888
6,135
15.87
16.12
16.36
16.58
15.00
15.00
15.00
15.00
9.68
9.68
9.68
9.68
24.68
24.68
24.68
24.68
38,000
39,000
40,000
41,000
3,716
3,866
4,016
4,166
2,666
2,763
2,860
2,956
6,382
6,628
6,875
7,122
16.79
17.00
17.19
17.37
15.00
15.00
15.00
15.00
9.68
9.68
9.68
9.68
24.68
24.68
24.68
24.68
42,000
43,000
44,000
45,000
4,316
4,466
4,616
4,766
3,053
3,150
3,278
3,426
7,369
7,616
7,893
8,191
17.54
17.71
17.94
18.20
15.00
15.00
15.00
15.00
9.68
12.76
14.82
14.82
24.68
27.76
29.82
29.82
46,000
47,000
48,000
49,000
4,916
5,066
5,216
5,391
3,574
3,722
3,870
4,019
8,490
8,788
9,086
9,410
18.46
18.70
18.93
19.20
15.00
15.00
17.56
20.50
14.82
14.82
14.82
14.82
29.82
29.82
32.38
35.32
50,000
51,000
52,000
53,000
5,596
5,801
6,006
6,211
4,167
4,315
4,463
4,611
9,763
10,116
10,469
10,823
19.53
19.84
20.13
20.42
20.50
20.50
20.50
20.50
14.82
14.82
14.82
14.82
35.32
35.32
35.32
35.32
54,000
55,000
56,000
57,000
6,416
6,621
6,826
7,031
4,760
4,908
5,056
5,204
11,176
11,529
11,882
12,235
20.70
20.96
21.22
21.47
20.50
20.50
20.50
20.50
14.82
14.82
14.82
14.82
35.32
35.32
35.32
35.32
58,000
59,000
60,000
61,000
7,236
7,441
7,646
7,851
5,352
5,501
5,649
5,797
12,589
12,942
13,295
13,648
21.70
21.94
22.16
22.37
20.50
20.50
20.50
20.50
14.82
14.82
14.82
14.82
35.32
35.32
35.32
35.32
62,000
63,000
64,000
65,000
8,056
8,261
8,466
8,671
5,945
6,093
6,242
6,390
14,001
14,355
14,708
15,061
22.58
22.79
22.98
23.17
20.50
20.50
20.50
20.50
14.82
14.82
14.82
14.82
35.32
35.32
35.32
35.32
66,000
67,000
68,000
69,000
8,876
9,081
9,286
9,491
6,538
6,686
6,834
6,983
15,414
15,767
16,121
16,474
23.35
23.53
23.71
23.88
20.50
20.50
20.50
20.50
14.82
14.82
14.82
14.82
35.32
35.32
35.32
35.32
70,000
71,000
72,000
73,000
9,696
9,901
10,106
10,311
7,131
7,279
7,427
7,575
16,827
17,180
17,533
17,887
24.04
24.20
24.35
24.50
20.50
20.50
20.50
20.50
14.82
14.82
14.82
14.82
35.32
35.32
35.32
35.32
74,000
75,000
80,000
85,000
10,516
10,721
11,746
12,771
7,724
7,872
8,613
9,354
18,240
18,593
20,359
22,125
24.65
24.79
25.45
26.03
20.50
20.50
20.50
20.50
14.82
14.82
14.82
15.91
35.32
35.32
35.32
36.41
90,000
95,000
100,000
105,000
13,796
14,821
16,007
17,307
10,149
10,975
11,801
12,627
23,945
25,796
27,809
29,935
26.61
27.15
27.81
28.51
20.50
23.72
26.00
26.00
16.52
16.52
16.52
16.52
37.02
40.24
42.52
42.52
110,000
115,000
120,000
125,000
18,607
19,907
21,207
22,507
13,453
14,279
15,105
15,931
32,061
34,187
36,313
38,439
29.15
29.73
30.26
30.75
26.00
26.00
26.00
26.00
16.52
16.52
16.52
16.52
42.52
42.52
42.52
42.52
130,000
140,000
150,000
160,000
23,807
26,407
29,007
31,914
16,757
18,409
20,178
21,962
40,565
44,817
49,186
53,876
31.20
32.01
32.79
33.67
26.00
26.00
29.07
29.22
16.52
17.69
17.84
20.11
42.52
43.69
46.91
49.33
170,000
180,000
190,000
200,000
34,836
37,758
40,680
43,601
23,973
26,003
28,033
30,063
58,809
63,761
68,713
73,665
34.59
35.42
36.16
36.83
29.22
29.22
29.22
31.91
20.30
20.30
20.30
20.30
49.52
49.52
49.52
52.21
250,000
300,000
350,000
400,000
59,558
76,058
92,558
109,058
40,213
50,363
60,513
70,663
99,771
126,421
153,071
179,721
39.91
42.14
43.73
44.93
33.00
33.00
33.00
33.00
20.30
20.30
20.30
20.30
53.30
53.30
53.30
53.30

Marginal rate applies on each dollar of additional income.

Federal
1) Basic personal credit of $1,845.
2) Indexation rate of 1.9%.

New Brunswick
1) This table does not take into account the low income tax reduction.
2) Basic personal credit of $1,012.
3) Indexation rate of 1.9%.

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