TaxTips.ca
Canadian Tax and
Financial Information
Manitoba Personal Tax Rates

TaxTips.ca does not research or endorse any product   or service appearing in ads on this site.  Before making a major financial decision you  should consult a qualified professional.

Looking for US tax information?
See
USTaxTips.net

Need an accounting, tax or financial advisor? Look in our Business Directory.     Stay Connected with TaxTips.ca!  Internet Explorer - Use compatibility view for calculators to work properly!

Home
What's New
Calculators
Personal Tax
Business
Sales Taxes
Free in 30!
Financial Planning
RRSP RRIF TFSA
Real Estate
Stocks Bonds etc.
Seniors
Disabilities
Canada
Alberta
British Columbia
Manitoba
Ontario
Quebec
Saskatchewan
Atlantic Provinces
Territories
Federal Budget
Provincial Budgets
Statistics etc.
Glossary
Site Map
Business Directory
Advertise With Us
Contact Us/About Us
Links & Resources


Manitoba 
Tax Rates - Current Marginal Tax Rates -> Manitoba Personal Income Tax Rates

Manitoba 2014 and 2015 Personal Marginal Income Tax Rates

The Manitoba tax brackets are not increased for inflation.  There has been no announcement yet of any increase in the basic personal amount tax credit for 2015.

The Federal tax brackets and personal amount were increased for 2015 by an indexation factor of 1.017.  The indexation factors, bracket thresholds and personal amounts for 2015 have been confirmed to Canada Revenue Agency amounts.

Please read the article Understanding the Tables of Personal Income Tax Rates.

Manitoba Personal Income Tax Brackets and Tax Rates

2015 Taxable Income 2015 Tax Rates 2014 Taxable Income 2014 Tax Rates
first $31,000 10.80% first $31,000 10.80%
over $31,000 up to $67,000 12.75% over $31,000 up to $67,000 12.75%
over $67,000 17.40% over $67,000 17.40%

Combined Federal & Manitoba Tax Brackets and Tax Rates

2015 Taxable Income 2015 Marginal Tax Rates 2014 Taxable Income 2014 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $31,000 25.80% 12.90% 3.84% 16.46% first $31,000 25.80% 12.90% 3.84% 16.46%
over $31,000 up to $44,701 27.75% 13.88% 6.53% 18.77% over $31,000 up to $43,953 27.75% 13.88% 6.53% 18.77%
over $44,701 up to $67,000 34.75% 17.38% 16.19% 27.03% over $43,953 up to $67,000 34.75% 17.38% 16.19% 27.03%
over $67,000 up to $89,401 39.40% 19.70% 22.60% 32.51% over $67,000 up to $87,907 39.40% 19.70% 22.60% 32.51%
over $89,401 up to $138,586 43.40% 21.70% 28.12% 37.23% over $87,907 up to $136,270 43.40% 21.70% 28.12% 37.23%
over $138,586 46.40% 23.20% 32.26% 40.77% over $136,270 46.40% 23.20% 32.26% 40.77%

Marginal tax rate for dividends is a % of actual dividends received (not grossed-up 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 18% in 2015 and 2014.
For more information see Manitoba dividend tax credits.

Manitoba Basic Personal Amount

2015 Tax Rate 2014 Tax Rate
$9,134 10.80% $9,134 10.80%

Federal Basic Personal Amount

2015 Tax Rate 2014 Tax Rate
$11,327 15% $11,138 15%

Revised: November 10, 2014

 

Copyright © 2002 - 2014 Boat Harbour Investments Ltd. All Rights Reserved  See Reproduction of information from TaxTips.ca

Facebook | Twitter | Google + | Monthly Newsletter Sign-up | Whatís New E-mail Notification | RSS News Feed
The information on this site is not intended to be a substitute for professional advice.  Each person's situation differs, and a professional advisor can assist you in using the information on this web site to your best advantage.  See our Business Directory for tax, accounting and finance-related firms in your area.
Please see our legal disclaimer regarding the use of information on our site, and our Privacy Policy regarding information that may be collected from visitors to our site.