Canadian Tax Return Preparation Support 2018 - 2019

Canadian Tax Brackets 2018 - 2019

The Canadian tax system not only requires Canadians to pay federal taxes but province and territory taxes as well.

Therefore, there are Canadian Tax Brackets for each entity and based on where you live and work you are required to pay income taxes to each of those that apply to you based on the results of your Canadian income tax preparation.

With our Canadian Tax Brackets Calculator below you can select each entity from the drop down menu to calculate each of those tax brackets as well as any taxes owed. It's a very simple tool to use but keep in mind that it is an estimator and should not be used for determining exact figures for your tax return preparation.

Let’s talk tax bracket basics

We all get taxed based on our income every year. But income gets taxed at different rates depending on the amount you earn.

Anyone making less than $46,605 is taxed at the lowest rate of 15% for 2018 income. Now here’s where it gets more complicated. Those in the second tax bracket are taxed at the same 15% rate for the first $46.605 and then at a 20.5% rate for the amount of income falling within the next tax bracket and so on. As your income grows and reaches into even higher tax brackets, each portion of income within higher tax brackets is taxed at that higher tax rate.

Our tax brackets as listed below are for informational purposes only and accurate at the time of publication. They are not guaranteed as changes happen at different times of the year. Federal taxes are collected by the Canada Revenue Agency (CRA), formerly known as "Revenue Canada" or the "Canada Customs and Revenue Agency". Under "Tax Collection Agreements". CRA collects these taxes then remits to the provinces as needed: Canadian Tax Rates

The Canada Revenue Agency is the Canadian equivalent of the United States Internal Revenue Service. If you are a resident of Canada you are required to file a Canadian income tax return provided you earned money in Canada.

Canadian Tax Brackets Calculator Federal, Provincial, & Territory

 

Calculating Federal, Provincial, and Territory Taxes Using The New 2018 - 2019 Canada Income Tax Brackets

The new Canadian tax brackets can be found below. Use these to determine how much you may owe.

How Do Tax Brackets Apply to Taxation in Canada?

The basic personal income amount you earn is taxed through the tax brackets and rates income levels described below.

The Canadian income tax system is progressive, meaning higher income is taxed at a higher tax rates. This is implemented through different levels of tax brackets each relating to different tax rates. Our calculator includes the ability to calculate federal, provincial, and territory taxes.

Canadian Federal Tax Brackets for 2018 - 2019

15% on the first $46,605 of taxable income, +
20.5% on the next $46,603 of taxable income (from 46,605 up to $93,208), +
26% on the next $51,281 of taxable income (from $93,208 up to $144,489), +
29% on the next $61,353 of taxable income (from 144,489 up to $205,842), +
33% of taxable income over $205,842.

Canadian Provincial and Territorial Tax Brackets
(Combined Chart 2018 - 2019 Tax Season)

Provinces and Territories Brackets
Newfoundland and Labrador 8.7% on the first $36,926 of taxable income, +
14.5% on income between $36,926 - $57,998
15.8% on income between $57,998 - $52,740
17.3% on income between $52,740 - $184,590
18.3% on the amount over $184,590
Prince Edward Island 9.8% on the first $31,984 of taxable income, +
13.8% on income between $31,985 - $63,969
16.7% on the amount over $63,969
Nova Scotia 8.79% on the first $29,590 of taxable income, +
14.95% on income between $29,590 - $33,820
16.67% on income between $33,820 - $57,000
17.5% on income between $57,000 - $150,000
21% on the amount over $150,000
New Brunswick 9.68% on the first $41,675 of taxable income, +
14.82% on income between $41,676 - $52,159
16.52% on income between $52,159 - $18,872
17.84% on income between $18,872 - $154,382
20.3% on the amount over $154,382
Quebec 15% on the first $42,705 of taxable income, +
20% on income between $42,700 - $18,510
24% on income between $18,510 - $103,915
25.75% on the amount over $103,915
Ontario 5.05% on the first $42,960 of taxable income, +
9.15% on income between $42,963 - $64,077
11.16% on income between $64,077 - $70,000
12.16% on income between $70,000 - $220,000
13.16 % on the amount over $220,000
Manitoba 10.8% on the first $31,843 of taxable income, +
12.75% on income between $36,978, +
17.4% on the amount over $68,821
Saskatchewan 10.5% on the first $45,225 of taxable income, +
12.5% on income between $83,989, +
14.5% on the amount over $129,214
Alberta 10% on the first $128,145 of taxable income, +
12% on income between $25,628 - $51,258
13% on income between $51,258 - $51,258
14% on income between $102,516 - $307,547
15% on the amount over $307,547
British Columbia 5.06% on the first $39,676 of taxable income, +
7.7% on income between $39,677 - $11,754
10.5% on income between $11,754 - $19,523
12.29% on income between $19,523 - $39,370
14.7% on income between $39,370 - $150,000
16.8% on the amount over $150,000
Yukon 6.4% on the first $46,605 of taxable income, +
9% on income between $46,603 - $51,281
10.9% on income between $51,281 - $355,511
12.8% on income between $355,511 - $500,000
15% on the amount over $500,000
Northwest Territories 5.9% on the first $42,209 of taxable income, +
8.6% on income between $42,211 - $52,828
12.2% on income between $52,828 - $137,248
14.05% on the amount over $137,248
Nunavut 4% on the first $44,437 of taxable income, +
7% on income between $44,437 - $55,614
9% on income between $55,614 - $144,488
11.5% on the amount over $144,488