This is income tax calculator for Nova Scotia province residents for year 2012-2023. Current tax rates in Nova Scotia and federal tax rates are listed below.
IMPORTANT: This tax calculator is used for income tax estimation. Please use Intuit TurboTax if you want to fill your tax return and get tax rebate for previous year. It is free for simple tax returns or gives you 15% discount for more complicated tax returns.
Here is list of free netfile software to file your tax return.
Nova Scotia income tax rates 2023
In 2023 Nova Scotia basic personal amount, tax rates and brackets were the same as in year 2022. Basic personal amount is $8,481.
| Taxable income | Rate |
|---|---|
| from $0 to $29,590 | 8.79% |
| from $29,591 to $59,180 | 14.95% |
| from $59,181 to $93,000 | 16.67% |
| from $93,001 to $150,000 | 17.50% |
| over $150,000 | 21.00% |
Federal income tax rates in Canada for 2023
In 2023 Canadian federal income tax brackets and base amount were increased by 6.3%.
Federal personal base amount is $15,000.
| Taxable income | Rate |
|---|---|
| 0 – $53,359 | 15.00% |
| $53,359 – $106,717 | $5,753.85 + 20.50% for income over $53,359 |
| $106,717 – $165,430 | $16,692.24 + 26.00% for income over $106,717 |
| $165,430 – $235,675 | $31,957.62 + 29.00% for income over $165,430 |
| over $235,675 | $52,328.67 + 33.00% for income of $235,675 and over |
Historical Nova Scotia tax brackets are listed here and historical federal tax brackets and rates can be found here.