Newfoundland and Labrador tax brackets and rates

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

Income tax rates for 2020

Newfoundland and Labrador’s inflation factor was 1.9% for 2020. Basic personal amount is $9,498 for 2020.

Taxable incomeRate
from $0 to $37,9298.70%
from $37,930 to $75,85814.50%
from $75,859 to $135,43215.80%
from $135,433 to $189,60417.30%
over $189,60418.30%

Income tax rates for 2019

Newfoundland and Labrador indexed its tax brackets using the same formula as that used federally, but uses the provincial inflation rate rather than the federal rate in the calculation. Newfoundland and Labrador’s inflation factor was 2.2% for 2019. Basic personal amount is $9,414 for 2019.

Taxable incomeRate
from $0 to $37,5918.70%
from $37,592 to $75,18114.50%
from $75,182 to $134,22415.80%
from $134,225 to $187,91317.30%
over $187,91318.30%

Income tax rates for 2018

Newfoundland and Labrador indexed its tax brackets using the same formula as that used federally, but uses the provincial inflation rate rather than the federal rate in the calculation. Newfoundland and Labrador’s inflation factor was 1.5% for 2018. Basic personal amount is $9,247 for 2018.

Taxable incomeRate
from $0 to $36,9268.70%
from $36,927 to $73,85214.50%
from $73,853 to $131,85015.80%
from $131,851 to $184,59017.30%
over $184,59018.30%

Income tax rates for 2017

Newfoundland and Labrador indexed its tax brackets using the same formula as that used federally, but uses the provincial inflation rate rather than the federal rate in the calculation. Newfoundland and Labrador’s inflation factor was 2% for 2017. Basic personal amount is $8,978 for 2017.

Taxable incomeRate
from $0 to $35,8518.70%
from $35,852 to $71,70114.50%
from $71,702 to $128,01015.80%
from $128,011 to $179,21417.30%
over $179,21418.30%

Income tax rates for 2016

In 2016 Newfoundland and Labrador basic personal amount and tax brackets were indexed using indexation factor 1.004. Basic personal amount is $8,802 for 2016.

Taxable incomeRate
from $0 to $35,1488.20%
from $35,149 to $70,29513.50%
from $70,296 to $125,50014.55%
from $125,501 to $175,70015.80%
over $175,70016.80%

Income tax rates for 2015

In 2015 Newfoundland and Labrador basic personal amount and tax brackets were indexed using indexation factor 1.022. Basic personal amount is $8,767 for 2015.

It was introduced new tax brackets for income over $125,000 and $175,000 in 2015.

Taxable incomeRate
from 0 up to $35,0087.7%
from $35,008.01 up to $70,01512.50%
from $70,015.01 up to $125,00013.3%
from $125,000.01 up to $175,00013.8%
over $175,00014.30%

Income tax rates for 2014

In 2014 Newfoundland and Labrador basic personal amount and tax brackets were indexed using indexation factor 1.015. Basic personal amount is $8,578 for 2014.

Taxable incomeRate
from 0 up to $34,2547.7%
from $34,254.01 up to $68,50812.50%
over $68,50813.30%

Income tax rates for 2013

In 2013 Newfoundland and Labrador basic personal amount and tax brackets were indexed using indexation factor 1.026. Basic personal amount is $8,451 for 2013.

Taxable incomeRate
from 0 up to $33,7487.7%
from $33,748.01 up to $67,49612.50%
over $67,49613.30%

Income tax rates for 2012

Basic personal amount for 2012 in Newfoundland and Labrador was $8,237.

Taxable incomeRate
from 0 up to $32,8937.70%
from $32,893.01 up to $65,78512.50%
over $65,78513.30%