Department of Finance

 

Department of Finance
New Brunswick Personal Income Tax

Home | Français

New Brunswick's personal income tax is administered and collected by the federal government through the Canada Revenue Agency.  New Brunswick personal income tax rates and bracket structure are applied to federally-defined New Brunswick taxable income.

 
2006
2007
2008
2009
2010
2011

Income Tax Rates
(on taxable income)
9.68% on first
$33,450

14.82% on $33,450 to $66,902

16.52% on $66,902 to $108,768

17.84% over $108,768
10.12% on first
$34,186

15.48% on $34,186 to $68,374

16.80% on $68,374 to $111,161

17.95% over $111,161
10.12% on first
$34,836

15.48% on $34,836 to $69,673

16.80% on $69,673 to $113,273

17.95% over $113,273
9.65% on first
$35,707

14.50% on $35,707 to $71,415

16.00% on $71,415 to $116,105

17.00% over $116,105
9.30% on first
$36,421

12.50% on $36,421 to $72,843

13.30% on $72,843 to $118,427

14.30% over $118,427
9.10% on first
$37,150

12.10% on $37,150 to $74,300

12.40% on $74,300 to $120,796

14.30% over $120,796

Selected Tax Credit Amounts*
2006
2007
2008
2009
2010
2011


Basic Personal Amount
Spousal/Equivalent Amount
Age Amount
Disability Amount


$8,061
$6,845
$3,936
$6,526


$8,239
$6,996
$4,023
$6,670


$8,395
$7,129
$4,099
$6,797


$8,605
$7,307
$4,202
$6,966


$8,777
$7,453
$4,286
$7,106


$8,953
$7,602
$4,371
$7,248


Low-Income Tax Reduction
Threshold Amounts (Single tax filer)

Phase-Out Rate


$12,992


5%


$13,750


5%


$14,011


5%


$14,361


4%


$14,648


3%


$14,941


3%

*Note: Tax credit amounts are multiplied by the lowest New Brunswick personal income tax rate to calculate the provincial tax credits.

The New Brunswick Low-Income Tax Reduction was implemented commencing 2001. These amounts are used to reduce tax payable.

Eligible low-income families with dependent children may also receive the New Brunswick Child Tax Benefit and the New Brunswick Working Income Supplement, depending upon their income level.

Tax filers may also qualify for other personal non-refundable tax credits provided by the Province of New Brunswick. Following is the list of non-refundable tax credits available to eligible tax filers:

Non-Refundable Tax Credits

Basic Personal Amount

Age Amount

Spouse or Common Law Amount

Amount for Eligible Dependant

Amount for Infirmed Dependants Age 18 or Older

Canada Pension Plan Contributions

Employment Insurance Premiums

Pension Income Amount

Caregiver Amount

Disability Amount

Disability Supplement Amount

Interest Paid on Student Loans

Tuition and Education Amounts

Amount Transferred from Spouse or Common Law Partner

Medical Expense Credit

Donations and Gifts

Dividend Tax Credit

Overseas Employment Tax Credit

Foreign Tax Credit

NB Low-Income Tax Reduction

NB Political Contribution Tax Credit

NB Labor-Sponsored Venture Capital Tax Credit

NB Small Business Investor Tax Credit

For information on eligibility for these credits, contact the Canada Revenue Agency (CRA) at 1-800-959-8281 or visit the Canada Revenue Agency website.

© 2007
Department of Finance
P.O. Box 6000
Centennial Building
Fredericton, N.B. E3B 5H1
tel.: (506) 453-2451 fax: (506) 457-4989
e-mail: http://www.gnb.ca/0024/SendMail-e.asp
Disclaimer