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Quebec Personal Tax Rates

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

Quebec 2017 and 2018 Personal Marginal Income Tax Rates

The Quebec tax brackets and personal amount are increased for 2018 by an indexation factor of 1.0082.  Quebec's indexation factor is calculated using the Quebec consumer price index (CPI) without alcoholic beverages and tobacco products.  The Federal tax brackets and personal amount are increased for 2018 by an indexation factor of 1.015.  The indexation factors, tax rates and increases to tax brackets have been confirmed to Canada Revenue Agency information, and the Quebec tax brackets have been confirmed to Revenue Quebec information.  The Quebec basic personal amount was adjusted by $2, because legislation was tabled to change the rounding to the nearest $1 instead of the nearest $5 for this amount, beginning with the 2018 taxation year.

The Quebec November 21, 2017 Economic Plan Update reduced the 2017 personal tax credit rate and lowest tax bracket rate to 15%, a further reduction from the Quebec 2017 Budget reduction to 16% from 20%.  As a result of the reduction to 16%, the amounts of many credits were increased so that the tax reduction will be the same as it was with the 20% rate, except for the basic personal amount.  It was increased more, so that the tax reduction is increased by $55 per person.  The basic personal amount was not revised further with the reduction in the lowest tax rate to 15%.

The tax rates below include the reduction in rate due to the federal tax abatement of 16.5% of federal tax.  However, this abatement is applied to the net federal tax after deducting the basic personal amount.  For this reason, the federal personal amount tax credit is also reduced by 16.5%, which is not reflected below.

The 2018 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 2018, as announced in the October 24, 2017 Fall Economic Statement.

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

Quebec Personal Income Tax Brackets and Tax Rates

2018 Taxable Income 2018 Tax Rates 2017 Taxable Income 2017 Tax Rates
first $43,055 15.00% first $42,705 15.00%
over $43,055 up to $86,105 20.00% over $42,705 up to $85,405 20.00%
over $86,105 up to $104,765 24.00% over $85,405 up to $103,915 24.00%
over $104,765 25.75% over $103,915 25.75%

Combined Federal & Quebec Tax Brackets and Tax Rates

2018 Taxable Income 2018 Marginal Tax Rates 2017 Taxable Income 2017 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $43,055 27.53% 13.76% 4.26% 14.04% first $42,705 27.53% 13.76% 4.26% 13.68%
over $43,055 up to $46,605 32.53% 16.26% 11.16% 19.84% over $42,705 up to $45,916 32.53% 16.26% 11.16% 19.53%
over $46,605 up to $86,105 37.12% 18.56% 17.49% 25.16% over $45,916 up to $85,405 37.12% 18.56% 17.49% 24.90%
over $86,105 up to $93,208 41.12% 20.56% 23.01% 29.80% over $85,405 up to $91,831 41.12% 20.56% 23.01% 29.58%
over $93,208 up to $104,765 45.71% 22.86% 29.35% 35.13% over $91,831 up to $103,915 45.71% 22.86% 29.35% 34.95%
over $104,765 up to $144,489 47.46% 23.73% 31.77% 37.16% over $103,915 up to $142,353 47.46% 23.73% 31.77% 37.00%
over $144,489 up to $205,842 49.97% 24.98% 35.22% 40.07% over $142,353 up to $202,800 49.97% 24.98% 35.22% 39.93%
over $205,842 53.31% 26.65% 39.83% 43.94% over $202,800 53.31% 26.65% 39.83% 43.84%

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 17% in 2017, and 16% in 2018.
For more information see Quebec dividend tax credits.

Quebec Basic Personal Amount

2018 Personal Amount 2018 Tax Rate 2017 Personal Amount 2017 Tax Rate
$15,012 15% $14,890 15%

Federal Basic Personal Amount

2018 Personal Amount 2018 Tax Rate 2017 Personal Amount 2017 Tax Rate
$11,809 15% $11,635 15%

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Revised: November 25, 2017

 

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