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Manitoba Personal Tax Rates

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

Manitoba 2015 and 2016 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 2016.  The Manitoba 2016 Budget of May 31, 2016 indicated that starting in 2017, the income tax brackets and basic personal amount would be indexed for inflation.

The Federal tax rates for 2016 are as per Bill C-2 tabled in December 2015.  The Federal tax brackets and personal amount were increased for 2016 by an indexation factor of 1.013.  The indexation factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency information.

The 2016 marginal tax rate for non-eligible dividends reflects the rate that is in effect automatically due to the change in the gross-up rate for 2016.  The Manitoba government will have to make legislative amendments, because their Income Tax Act currently reads that the dividend tax credit rate is 0.83% in respect of a taxable dividend for which the federal dividend gross-up rate is 18%.  We have left the rate as 18% of the taxable dividend.

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

Manitoba Personal Income Tax Brackets and Tax Rates

2016 Taxable Income 2016 Tax Rates 2015 Taxable Income 2015 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

2016 Taxable Income 2016 Marginal Tax Rates 2015 Taxable Income 2015 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% 16.90% first $31,000 25.80% 12.90% 3.84% 16.46%
over $31,000 up to $45,282 27.75% 13.88% 6.53% 19.19% over $31,000 up to $44,701 27.75% 13.88% 6.53% 18.77%
over $45,282 up to $67,000 33.25% 16.63% 14.12% 25.62% over $44,701 up to $67,000 34.75% 17.38% 16.19% 27.03%
over $67,000 up to $90,563 37.90% 18.95% 20.53% 31.06% over $67,000 up to $89,401 39.40% 19.70% 22.60% 32.51%
over $90,563 up to $140,388 43.40% 21.70% 28.12% 37.50% over $89,401 up to $138,586 43.40% 21.70% 28.12% 37.23%
over $140,388 up to $200,000 46.40% 23.20% 32.26% 41.01% over $138,586 46.40% 23.20% 32.26% 40.77%
over $200,000 50.40% 25.20% 37.78% 45.69%  

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 17% in 2016, 18% in 2015.
For more information see Manitoba dividend tax credits.

Manitoba Basic Personal Amount

2016 Personal Amount 2016 Tax Rate 2015 Personal Amount 2015 Tax Rate
$9,134 10.80% $9,134 10.80%

Federal Basic Personal Amount

2016 Personal Amount 2016 Tax Rate 2015 Personal Amount 2015 Tax Rate
$11,474 15% $11,327 15%

Revised: June 11, 2016

 

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