Atlantic Provinces -> Nova Scotia -> Tax Rates -> 2018 & 2019 Marginal Tax Rates -> Nova Scotia
Nova Scotia 2019 and 2018 Personal Marginal Income Tax Rates
The Nova Scotia tax brackets and personal tax credits are not increased for inflation. The Federal tax brackets and personal amount are increased for 2019 by an indexation factor of 1.022. The indexation factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency information.
The 2019 marginal tax rates for non-eligible dividends reflect the rates that are in effect automatically due to the change in the gross-up rate for 2019, as announced in the October 24, 2017 Fall Economic Statement.
Please read the article Understanding the Tables of Personal Income Tax Rates.
| Nova Scotia Personal Income Tax Brackets and Tax Rates | |||||||||
| 2019 Taxable Income | 2019 Tax Rates | 2018 Taxable Income | 2018 Tax Rates | ||||||
| first $29,590 | 8.79% | first $29,590 | 8.79% | ||||||
| over $29,590 up to $59,180 | 14.95% | over $29,590 up to $59,180 | 14.95% | ||||||
| over $59,180 up to $93,000 | 16.67% | over $59,180 up to $93,000 | 16.67% | ||||||
| over $93,000 up to $150,000 | 17.50% | over $93,000 up to $150,000 | 17.50% | ||||||
| over $150,000 | 21.00% | over $150,000 | 21.00% | ||||||
| Combined Federal & Nova Scotia Tax Brackets and Tax Rates | |||||||||
| 2019 Taxable Income | 2019 Marginal Tax Rates | 2018 Taxable Income | 2018 Marginal Tax Rates | ||||||
| Other Income |
Capital Gains |
Canadian Dividends | Other Income |
Capital Gains |
Canadian Dividends | ||||
| Eligible | Non-Eligible | Eligible | Non-Eligible | ||||||
| first $25,000 | 23.79% | 11.90% | -0.11% | 13.54% | first $25,000 | 23.79% | 11.90% | -0.11% | 12.29% |
| over $25,000 up to $29,590 | 24.32% | 12.16% | 0.62% | 14.14% | over $25,000 up to $29,590 | 24.32% | 12.16% | 0.62% | 12.91% |
| over $29,590 up to $47,630 | 30.48% | 15.24% | 9.12% | 21.23% | over $29,590 up to $46,605 | 30.48% | 15.24% | 9.12% | 20.05% |
| over $47,630 up to $59,180 | 35.98% | 17.99% | 16.71% | 27.55% | over $46,605 up to $59,180 | 35.98% | 17.99% | 16.71% | 26.43% |
| over $59,180 up to $74,999 | 37.70% | 18.85% | 19.09% | 29.53% | over $59,180 up to $74,999 | 37.70% | 18.85% | 19.09% | 28.43% |
| over $74,999 up to $93,000 | 37.17% | 18.59% | 18.35% | 28.92% | over $74,999 up to $93,000 | 37.17% | 18.59% | 18.35% | 27.82% |
| over $93,000 up to $95,259 | 38.00% | 19.00% | 19.50% | 29.88% | over $93,000 up to $93,208 | 38.00% | 19.00% | 19.50% | 28.78% |
| over $95,259 up to $147,667 | 43.50% | 21.75% | 27.09% | 36.20% | over $93,208 up to $144,489 | 43.50% | 21.75% | 27.09% | 35.16% |
| over $147,667 up to $150,000 | 46.50% | 23.25% | 31.23% | 39.65% | over $144,489 up to $150,000 | 46.50% | 23.25% | 31.23% | 38.64% |
| over $150,000 up to $210,371 | 50.00% | 25.00% | 36.06% | 43.68% | over $150,000 up to $205,842 | 50.00% | 25.00% | 36.06% | 42.70% |
| over $210,371 | 54.00% | 27.00% | 41.58% | 48.28% | over $205,842 | 54.00% | 27.00% | 41.58% | 47.34% |
| Marginal tax rate for dividends is a % of actual
dividends received (not grossed-up taxable amount). Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains). Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 15% in 2019, and 16% in 2018. For more information see Nova Scotia dividend tax credits. |
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| Nova Scotia Basic Personal Amount | |||||||||
| 2019 Personal Amount | 2019 Tax Rate | 2018 Personal Amount | 2018 Tax Rate | ||||||
| $8,481 (1) | 8.79% | $8,481 (1) | 8.79% | ||||||
| Federal Basic Personal Amount | |||||||||
| 2019 Personal Amount | 2019 Tax Rate | 2018 Personal Amount | 2018 Tax Rate | ||||||
| $12,069 | 15% | $11,809 | 15% | ||||||
(1) An additional $3,000 personal amount for 2018 and subsequent years, which is reduced at the rate of 6% of taxable income in excess of $25,000, is reflected in the marginal tax rates above. It is reduced to zero at taxable income of $75,000. This increases the marginal tax rates for taxable incomes over $25,000 and under $75,000. The regular personal amount of $8,481 for 2018/2019 does not affect marginal tax rates for taxable income over $8,481, because it is not reduced as taxable income increases.
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Revised: October 26, 2023