New Brunswick tax brackets and rates

Here is a list of historical tax brackets and tax rates for New Brunswick. Use New Brunswick tax calculator to check how much taxes you need to pay.

Income tax rates for 2018

New Brunswick indexes its tax brackets using the same formula as that used federally. The inflation factor was 1.5% for 2018. Basic personal amount is $10,043 for 2018.

Taxable income	Rate
from $0 to $41,675	9.68%
from $41,676 to $83,351	14.82%
from $83,352 to $135,510	16.52%
from $135,511 to $154,382	17.84%
over $154,383	20.30%

Income tax rates for 2017

New Brunswick indexes its tax brackets using the same formula as that used federally. The inflation factor was 1.4% for 2017. Basic personal amount is $9,895 for 2017.

Taxable income	Rate
from $0 to $41,059	9.68%
from $41,060 to $82,119	14.82%
from $82,120 to $133,507	16.52%
from $133,508 to $152,100	17.84%
over $152,101	20.30%

Income tax rates for 2016

In 2016 NB basic personal amount and tax brackets were indexed using federal indexation factor 1.3. Basic personal amount is $9,758 for 2016.

Taxable income	Rate
from $0 to $40,492	9.68%
from $40,493 to $80,985	14.82%
from $80,986 to $131,664	16.52%
from $131,665 to $150,000	17.84%
over $150,001	20.30%

Income tax rates for 2015

In 2015 NB basic personal amount and tax brackets were indexed using federal indexation factor 1.7. Basic personal amount is $9,633 for 2015.

It was added new tax brackets for income over $150,000 and $250,000.

Taxable income	Rate
from 0 up to $39,973	9.68%
from $39,973.01 up to $79,946	14.82%
from $79,946.01 up to $129,975	16.52%
from $129,975.01 up to $150,000	17.84%
from $150,000.01 up to $250,000	21%
over $250,000	25.75%

Income tax rates for 2014

In 2014 NB basic personal amount and tax brackets were increased by 0.9%. Basic personal amount is $9,472 for 2014.

Taxable income	Rate
from 0 up to $39,305	9.68%
from $39,305.01 up to $78,609	14.82%
from $78,609.01 up to $127,802	16.52%
over $127,802	17.84%

Income tax rates for 2013

In 2013 NB basic personal amount and tax brackets were indexed using federal indexation factor 1.02. Basic personal amount is $9,388 for 2013.
Income tax rates for all tax brackets were increased by 3-17% for 2013.

Taxable income	Rate
from 0 up to $38,954	9.39%
from $38,954.01 up to $77,908	13.46%
from $77,908.01 up to $126,662	14.46%
over $126,662	16.07%

Income tax rates for 2012

Basic personal amount for 2012 in NB was $9,203.

Taxable income	Rate
from 0 up to $38,190	9.10%
from $38,190.01 up to $76,380	12.10%
from $76,380.01 up to $124,178	12.40%
over $124,178	14.30%