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Tax Brackets · 2024

New Brunswick, Canada

Federal and provincial marginal rates. You only pay the higher rate on income that falls inside each bracket — not on your whole paycheck.

Combine

Stacked by bracket

5 federal · 4 provincial
FederalProvincial

Federal · 2024

15.0%
$0 – $55,867
20.5%
$55,867 – $111,733
26.0%
$111,733 – $173,205
29.0%
$173,205 – $246,752
33.0%
$246,752 +
$55,867
to
$0
$111,733
to
$55,867
$173,205
to
$111,733
$246,752
to
$173,205
up
and
$246,752

New Brunswick · 2024

$49,958
to
$0
$99,916
to
$49,958
$185,064
to
$99,916
up
and
$185,064
9.40%
$0 – $49,958
14.0%
$49,958 – $99,916
16.0%
$99,916 – $185,064
19.5%
$185,064 +

Income

Step 01 · CAD
24.4% marginalThe combined federal + provincial bracket rate on your next dollar of income — earlier dollars keep their lower rates. Each segment on the bar below is one bracket: the darker the segment, the higher its rate. This is the published bracket rate; the marginal rate in your results can differ slightly once surtaxes and credits are factored in.
24.4%34.5%42.0%48.5%52.5%

50% inclusion rate - only half is taxable

Actual amount received: T5 box 24

Actual amount received: T5 box 10

Taxed as regular income: no gross-up or dividend tax credit

Net of expenses. You pay both halves of CPP, no EI

Net rental, interest, royalties. Bracket rates apply, no CPP/EI

Calculated taxes

Enter your income to see federal, provincial, CPP & EI broken down by bracket.