Government of New Brunswick

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.

  2017 2018 2019 2020 2021 2022 2023 2024 2025
Income Tax Rates
(on taxable income)
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
9.4%
on first
$49,958
9.4%
on first
$51,306
  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
14% on
 $49,958 to
 $99,916
14% on
 $51,306 to
 $102,614
  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
16% on
 $99,916 to
$185,064
16% on
 $102,614 to
$190,060
  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
19.5% over
$185,064
19.5% over
$190,060
  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
     
                   

 

Selected Tax Credit Amounts

  2017 2018 2019 2020 2021 2022 2023 2024 2025
Basic Personal Amount $9,895 $10,043 $10,264 $10,459 $10,564 $11,720  $12,458 $13,044 $13,396
Spousal/Equivalent Amount $8,402 $8,528 $8,716 $8,882 $8,970 $9,186 $9,764 $10,223 $10,499
Age Amount $4,831 $4,904 $5,012 $5,107 $5,158 $5,282 $5,615
$5,878 $6,037
Disability Amount $8,011 $8,131 $8,310 $8,468 $8,552 $8,757 $9,309
$9,747 $10,010

 

Low-Income Tax Reduction

  2017 2018 2019 2020 2021 2022  2023 2024 2025  
Threshold Amounts
(Single tax filer)
$16,513 $16,761 $17,130
$17,455 $17,840 $19,177 $20,385 $21,343 $21,920  
Phase-Out Rate 3% 3% 3% 3% 3% 3% 3% 3% 3%