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.

2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012

New Brunswick income tax rates 2019

New Brunswick indexes its tax brackets using the same formula as that used federally. The inflation factor was 2.2% for 2019. Basic personal amount is $10,264 for 2019.

Taxable income Rate
from $0 to $42,592 9.68%
from $42,593 to $85,184 14.82%
from $85,185 to $138,491 16.52%
from $138,492 to $157,778 17.84%
over $157,779 20.30%

New Brunswick income tax rates 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%

New Brunswick income tax rates 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%

New Brunswick income tax rates 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%

New Brunswick income tax rates 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%

New Brunswick income tax rates 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%

New Brunswick income tax rates 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%

New Brunswick income tax rates 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%