New Brunswick

Tax brackets 2018

This document is up to date as of August 31, 2018 and reflects the status of legislation, including proposed amendments at this date.
FEDERAL – 2018
$46,605 or less 15%
$46,606 – $93,208 $6,991 + 20.5% on next $46,603
$93,209 – $144,489 $16,544 + 26% on next $51,281
$144,490 – $205,842   $29,877 + 29% on next $61,353
$205,843 and over   $47,670 + 33% on excess
  • 15% rate used for AMT.
  • Indexation rate of 1.5% for 2018.
NEW BRUNSWICK - 2018
$41,675 or less 9,68%
$41,676 – $83,351 $4,034 + 14.82% on next $41,676
$83,352 – $135,510 $10,211 + 16.52% on next $52,159
$135,511 – $154,382 $18,827 + 17.84% on next $18,872
$154,383 and over $22,194 + 20.30% on excess
  • AMT of 57% of federal AMT.
  • Indexation rate of 1.5% for 2018.
TAX CREDIT FOR DIVIDENDS FROM CANADIAN CORPORATIONS – 20181
Eligible Dividends2 Ordinary Dividends3
Federal 15.02% 10.03%4
New Brunswick 14.00%   2.853 %5

1 Rates applicable to grossed-up dividends. 2 38% gross-up. 3 16% gross-up (17% in 2017; 15% as of 2019). 4 Since January 1, 2018 (10.52% in 2016; 9.03% as of 2019). 5 Since January 1, 2018 (3.25% in 2017; 2.75% as of 2019).

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