Government of New Brunswick

Personal Income Tax

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.

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.

  2015 2016 2017 2018 2019 2020 2021 2022 2023
Income Tax Rates
(on taxable income)		 9.68%
on first
$39,973		 9.68%
on first
$40,492		 9.68%
on first
$41,059
 9.68%
on first
$41,675
 9.68%
on first
$42,592		 9.68%
on first
$43,401
 9.4%
on first
$43,835		 9.4%
on first
$44,887		 9.4%
on first
$47,715
  14.82% on
$39,973 to
$79,946		 14.82% on
40,492 to
$80,985		 14.82% on
$41,059 to
$82,119		 14.82% on
$41,675 to
$83,351		 14.82% on
$42,592 to
$85,184		 14.82% on
$43,401 to
$86,803
 14.82% on
$43,835 to
$87,671		 14.82% on
 $44,887 to
 $89,775		 14% on
 $47,715 to
 $95,431
  16.52% on
$79,946 to
$129,975		 16.52% on
$80,985 to
$131,664		 16.52% on
$82,119 to
$133,507		 16.52% on
$83,351 to
$135,510		 16.52% on
$85,184 to
$138,491		 16.52% on
$86,803 to
$141,122
 16.52% on
$87,671 to
$142,534		 16.52% on
 $89,775 to
 $145,955		 16% on
 $95,431 to
$176,756
  17.84% on
$129,975 to
$150,000
 17.84% on 
$131,664 to 
$150,000
 17.84% on
$133,507 to $152,100		 17.84% on
$135,510 to
$154,382		 17.84% on
$138,491 to
$157,778		 17.84% on
$141,122 to
$160,776
 17.84% on
$142,534 to
$162,383		 17.84% on
 $145,955 to
 $166,280		 19.5% over
$176,756
  21% on $150,000
$250,000		 20.3% over
$150,000		 20.3%  over
$152,100		 20.3% over
$154,382		 20.3% over
$157,778		  20.3% over
$160,776
 20.3% over 
$162,383		  20.3% over
 $166,280		  
  25.75% over
$250,000		                

 

Selected Tax Credit Amounts

  2015 2016 2017 2018 2019 2020 2021 2022 2023
Basic Personal Amount $9,633 $9,758 $9,895 $10,043 $10,264 $10,459 $10,564 $11,720  $12,458
Spousal/Equivalent Amount $8,180 $8,286 $8,402 $8,528 $8,716 $8,882 $8,970 $9,186 $9,764
Age Amount $4,704 $4,765 $4,831 $4,904 $5,012 $5,107 $5,158 $5,282 $5,615
Disability Amount $7,799 $7,900 $8,011 $8,131 $8,310 $8,468 $8,552 $8,757 $9,309

 

Low-Income Tax Reduction

  2015 2016 2017 2018 2019 2020 2021 2022  2023  
Threshold Amounts
(Single tax filer)		 $16,076 $16,285 $16,513 $16,761 $17,130
 $17,455 $17,840 $19,177 $20,385  
Phase-Out Rate 3% 3% 3% 3% 3% 3% 3% 3% 3%