Tax Rates   ->  Personal Income Tax Rates for 2007 and 2008

Personal Income Tax Rates for Canada and Provinces/Territories for 2007 and 2008

See also Current Marginal Tax Rates.

Canada

Alberta

British Columbia

Manitoba

New Brunswick

Newfoundland & Labrador

Northwest Territories

Nova Scotia

Nunavut

Ontario

Prince Edward Island

Quebec

Saskatchewan

Yukon

Federal Personal Income Tax Rates 2008 Taxable Income   2008 Marginal Tax Rates 2007 Taxable Income  2007 Marginal Tax Rates Other Income Capital Gains Canadian Dividends Other Income Capital Gains Canadian Dividends Eligible Dividends Small Business Dividends Eligible Dividends Small Business Dividends first $37,885 15.00% 7.50% -5.75% 2.08% first $37,178 15.00% 7.50% -5.75% 2.08% over $37,885 up to $75,769 22.00% 11.00% 4.40% 10.83% over $37,178 up to $74,357 22.00% 11.00% 4.40% 10.83% over $75,769 up to $123,184 26.00% 13.00% 10.20% 15.83% over $74,357 up to $120,887 26.00% 13.00% 10.20% 15.83% over $123,184 29.00% 14.50% 14.55% 19.58% over $120,887 29.00% 14.50% 14.55% 19.58% Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount). Federal Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $9,600 15.00% $9,600 15.00%   Alberta (AB) combined federal & provincial tax rates 2008 Taxable Income   2008 Marginal Tax Rates 2007 Taxable Income  2007 Marginal Tax Rates Other Income Capital Gains Canadian Dividends Other Income Capital Gains Canadian Dividends Eligible Dividends Small Business Dividends Eligible Dividends Small Business Dividends first $37,885 25.00% 12.50% -4.30% 8.96% first $37,178 25.00% 12.50% -2.85% 7.71% over $37,885 up to $75,769 32.00% 16.00% 5.85% 17.71% over $37,178 up to $74,357 32.00% 16.00% 7.30% 16.46% over $75,769 up to $123,184 36.00% 18.00% 11.65% 22.71% over $74,357 up to $120,887 36.00% 18.00% 13.10% 21.46% over $123,184 39.00% 19.50% 16.00% 26.46% over $120,887 39.00% 19.50% 17.45% 25.21% Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount). AB Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $16,161 10.00% $15,435 10.00% Federal Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $9,600 15.00% $9,600 15.00%   British Columbia (BC) combined federal & provincial tax rates 2008 Taxable Income   2008 Marginal Tax Rates 2007 Taxable Income  2007 Marginal Tax Rates Other Income Capital Gains Canadian Dividends Other Income Capital Gains Canadian Dividends Eligible Dividends Small Business Dividends Eligible Dividends Small Business Dividends first $35,016 20.06% 10.03% -15.81% 2.03% first $34,397 20.70% 10.35% -14.89% 2.83% over $35,016 up to $37,885 22.70% 11.35% -11.99% 5.33% over $34,397 up to $37,178 23.65% 11.83% -10.61% 6.52% over $37,885 up to $70,033 29.70% 14.85% -1.84% 14.08% over $37,178 up to $68,794 30.65% 15.33% -0.46% 15.27% over $70,033 up to $75,769 32.50% 16.25% 2.23% 17.58% over $68,794 up to $74,357 33.10% 16.55% 3.10% 18.33% over $75,769 up to $80,406 36.50% 18.25% 8.03% 22.58% over $74,357 up to $78,984 37.10% 18.55% 8.90% 23.33% over $80,406 up to $97,636 38.29% 19.15% 10.62% 24.82% over $78,984 up to $95,909 39.00% 19.50% 11.65% 25.71% over $97,636 up to $123,184 40.70% 20.35% 14.11% 27.83% over $95,909 up to $120,887 40.70% 20.35% 14.11% 27.83% over $123,184 43.70% 21.85% 18.46% 31.58% over $120,887 43.70% 21.85% 18.46% 31.58% Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount). BC Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $9,189 5.06% $9,027 5.70% Federal Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $9,600 15.00% $9,600 15.00%   Manitoba (MB) combined federal & provincial tax rates 2008 Taxable Income   2008 Marginal Tax Rates 2007 Taxable Income  2007 Marginal Tax Rates Other Income Capital Gains Canadian Dividends Other Income Capital Gains Canadian Dividends Eligible Dividends Small Business Dividends Eligible Dividends Small Business Dividends first $30,544 25.90% 12.95% -5.90% 11.77% first $30,544 25.90% 12.95% -5.90% 11.12% over $30,544 up to $37,885 27.75% 13.88% -3.21% 14.08% over $30,544 up to $37,178 28.00% 14.00% -2.85% 13.75% over $37,885 up to $66,000 34.75% 17.38% 6.94% 22.83% over $37,178 up to $65,000 35.00% 17.50% 7.30% 22.50% over $66,000 up to $75,769 39.40% 19.70% 13.68% 28.65% over $65,000 up to $74,357 39.40% 19.70% 13.68% 28.00% over $75,769 up to $123,184 43.40% 21.70% 19.48% 33.65% over $74,357 up to $120,887 43.40% 21.70% 19.48% 33.00% over $123,184 46.40% 23.20% 23.83% 37.40% over $120,887 46.40% 23.20% 23.83% 36.75% Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount). MB Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $8,034 10.90% $7,834 10.90% Federal Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $9,600 15.00% $9,600 15.00%   New Brunswick (NB) combined federal & provincial tax rates 2008 Taxable Income   2008 Marginal Tax Rates 2007 Taxable Income  2007 Marginal Tax Rates Other Income Capital Gains Canadian Dividends Other Income Capital Gains Canadian Dividends Eligible Dividends Small Business Dividends Eligible Dividends Small Business Dividends first $34,836 25.12% 12.56% -8.48% 8.11% first $34,186 25.12% 12.56% -8.48% 8.11% over $34,836 up to $37,885 30.48% 15.24% -0.70% 14.81% over $34,186 up to $37,178 30.48% 15.24% -0.70% 14.81% over $37,885 up to $69,673 37.48% 18.74% 9.45% 23.56% over $37,178 up to $68,374 37.48% 18.74% 9.45% 23.56% over $69,673 up to $75,769 38.80% 19.40% 11.36% 25.21% over $68,374 up to $74,357 38.80% 19.40% 11.36% 25.21% over $75,769 up to $113,273 42.80% 21.40% 17.16% 30.21% over $74,357 up to $111,161 42.80% 21.40% 17.16% 30.21% over $113,273 up to $123,184 43.95% 21.98% 18.83% 31.65% over $111,161 up to $120,887 43.95% 21.98% 18.83% 31.65% over $123,184 46.95% 23.48% 23.18% 35.40% over $120,887 46.95% 23.48% 23.18% 35.40% Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount). NB Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $8,395 10.12% $8,239 10.12% Federal Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $9,600 15.00% $9,600 15.00%   Newfoundland & Labrador (NL) combined federal & provincial tax rates including surtax 2008 Taxable Income   2008 Marginal Tax Rates 2007 Taxable Income  2007 Marginal Tax Rates Other Income Capital Gains Canadian Dividends Other Income Capital Gains Canadian Dividends Eligible Dividends Small Business Dividends Eligible Dividends Small Business Dividends first $30,215 23.20% 11.60% -3.50% 6.08% first $29,886 24.64% 12.32% -1.41% 7.88% over $30,215 up to $37,885 28.30% 14.15% 3.89% 12.46% over $29,886 up to $37,178 29.98% 14.99% 6.33% 14.56% over $37,885 up to $60,429 35.30% 17.65% 14.04% 21.21% over $37,178 up to $59,772 36.98% 18.49% 16.48% 23.31% over $60,429 up to $75,769 38.00% 19.00% 17.96% 24.58% over $59,772 up to $62,469 39.26% 19.63% 19.78% 26.16% over $75,769 up to $123,184 42.00% 21.00% 23.76% 29.58% over $62,469 up to $74,357 40.04% 20.02% 20.48% 26.85% over $123,184 45.00% 22.50% 28.11% 33.33% over $74,357 up to $120,887 44.04% 22.02% 26.28% 31.85%           over $120,887 47.04% 23.52% 30.63% 35.60% Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount). NL Surtax 2008 2007 NL surtax was eliminated effective July 1, 2007.  This resulted in an average surtax rate of 4.5% for 2007, and reduced the number of tax brackets for 2008. NL surtax rate (included in above rates) 4.5% Surtax is on NL tax greater than  $    7,102 Person with only basic personal amount - surtax starts at taxable income of  $  62,469 NL Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $7,566 8.20% $7,484 9.64% Federal Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $9,600 15.00% $9,600 15.00%     Northwest Territories (NT) combined federal & territorial tax rates 2008 Taxable Income   2008 Marginal Tax Rates 2007 Taxable Income  2007 Marginal Tax Rates Other Income Capital Gains Canadian Dividends Other Income Capital Gains Canadian Dividends Eligible Dividends Small Business Dividends Eligible Dividends Small Business Dividends first $35,986 20.90% 10.45% -13.87% 1.96% first $35,315 20.90% 10.45% -13.87% 1.96% over $35,986 up to $37,885 23.60% 11.80% -9.96% 5.33% over $35,315 up to $37,178 23.60% 11.80% -9.96% 5.33% over $37,885 up to $71,973 30.60% 15.30% 0.19% 14.08% over $37,178 up to $70,631 30.60% 15.30% 0.19% 14.08% over $71,973 up to $75,769 34.20% 17.10% 5.41% 18.58% over $70,631 up to $74,357 34.20% 17.10% 5.41% 18.58% over $75,769 up to $117,011 38.20% 19.10% 11.21% 23.58% over $74,357 up to $114,830 38.20% 19.10% 11.21% 23.58% over $117,011 up to $123,184 40.05% 20.03% 13.90% 25.90% over $114,830 up to $120,887 40.05% 20.03% 13.90% 25.90% over $123,184 43.05% 21.53% 18.25% 29.65% over $120,887 43.05% 21.53% 18.25% 29.65% Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount). NT Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $12,355 5.90% $12,125 5.90% Federal Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $9,600 15.00% $9,600 15.00%   Nova Scotia (NS) combined federal & provincial tax rates including surtax 2008 Taxable Income   2008 Marginal Tax Rates 2007 Taxable Income  2007 Marginal Tax Rates Other Income Capital Gains Canadian Dividends Other Income Capital Gains Canadian Dividends Eligible Dividends Small Business Dividends Eligible Dividends Small Business Dividends first $29,590 23.79% 11.90% -5.84% 3.45% first $29,590 23.79% 11.90% -5.84% 3.45% over $29,590 up to $37,885 29.95% 14.98% 3.10% 11.15% over $29,590 up to $37,178 29.95% 14.98% 3.10% 11.15% over $37,885 up to $59,180 36.95% 18.48% 13.25% 19.90% over $37,178 up to $59,180 36.95% 18.48% 13.25% 19.90% over $59,180 up to $75,769 38.67% 19.34% 15.74% 22.05% over $59,180 up to $74,357 38.67% 19.34% 15.74% 22.05% over $75,769 up to $81,104 42.67% 21.33% 21.54% 27.05% over $74,357 up to $80,972 42.67% 21.33% 21.54% 27.05% over $81,104 up to $93,000 44.34% 22.17% 22.67% 28.17% over $80,972 up to $93,000 44.34% 22.17% 22.67% 28.17% over $93,000 up to $123,184 45.25% 22.63% 24.00% 29.31% over $93,000 up to $120,887 45.25% 22.63% 24.00% 29.31% over $123,184 48.25% 24.13% 28.35% 33.06% over $120,887 48.25% 24.13% 28.35% 33.06% Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount). NS Surtax 2008 2007 NS surtax rate (included in all above rates) 10% NS surtax rate (included in all above rates) 10% Surtax is on NS tax greater than  $  10,000 Surtax is on NS tax greater than  $  10,000 Person with only basic personal amount - surtax starts at taxable income of  $  81,104 Person with only basic personal amount - surtax starts at taxable income of  $  80,972 NS Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $7,731 8.79% $7,481 8.79% Federal Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $9,600 15.00% $9,600 15.00%   Nunavut (NU) combined federal & territorial tax rates 2008 Taxable Income   2008 Marginal Tax Rates 2007 Taxable Income  2007 Marginal Tax Rates Other Income Capital Gains Canadian Dividends Other Income Capital Gains Canadian Dividends Eligible Dividends Small Business Dividends Eligible Dividends Small Business Dividends first $37,885 19.00% 9.50% -8.94% 2.08% first $37,178 19.00% 9.50% -8.94% 2.08% over $37,885 up to $75,769 29.00% 14.50% 5.56% 14.58% over $37,178 up to $74,357 29.00% 14.50% 5.56% 14.58% over $75,769 up to $123,184 35.00% 17.50% 14.26% 22.08% over $74,357 up to $120,887 35.00% 17.50% 14.26% 22.08% over $123,184 40.50% 20.25% 22.24% 28.96% over $120,887 40.50% 20.25% 22.24% 28.96% Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount). NU Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $11,360 4.00% $11,149 4.00% Federal Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $9,600 15.00% $9,600 15.00%                       Ontario (ON) combined federal & provincial tax rates including surtaxes 2008 Taxable Income   2008 Marginal Tax Rates 2007 Taxable Income  2007 Marginal Tax Rates Other Income Capital Gains Canadian Dividends Other Income Capital Gains Canadian Dividends Eligible Dividends Small Business Dividends Eligible Dividends Small Business Dividends first $36,020 21.05% 10.53% -7.13% 3.23% first $35,488 21.05% 10.53% -6.69% 3.23% over $36,020 up to $37,885 24.15% 12.08% -2.63% 7.11% over $35,488 up to $37,178 24.15% 12.08% -2.20% 7.11% over $37,885 up to $63,428 31.15% 15.58% 7.52% 15.86% over $37,178 up to $62,485 31.15% 15.58% 7.95% 15.86% over $63,428 up to $72,041 32.98% 16.49% 8.14% 16.86% over $62,485 up to $70,976 32.98% 16.49% 8.66% 16.86% over $72,041 up to $74,720 35.39% 17.70% 11.64% 19.88% over $70,976 up to $73,625 35.39% 17.70% 12.16% 19.88% over $74,720 up to $75,769 39.41% 19.70% 13.81% 22.59% over $73,625 up to $74,357 39.41% 19.70% 14.49% 22.59% over $75,769 up to $123,184 43.41% 21.70% 19.61% 27.59% over $74,357 up to $120,887 43.41% 21.70% 20.29% 27.59% over $123,184 46.41% 23.20% 23.96% 31.34% over $120,887 46.41% 23.20% 24.64% 31.34% Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount). Marginal tax rates above do not include the Ontario Health Premium, which increases the above rates by up to 1.2% ON Surtaxes 2008 2007 ON surtax rate (included in above rates) 20% 36% ON surtax rate (included in above rates) 20% 36% Surtax is on ON tax greater than  $    4,162  $    5,249 Surtax is on ON tax greater than  $    4,100  $    5,172 Person with only basic personal amount - surtax starts at taxable income of  $  63,428  $  74,720 Person with only basic personal amount - surtax starts at taxable income of  $  62,485  $  73,625 Note that the 36% surtax is in addition to the 20% surtax, for a total surtax of 56%. ON Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $8,681 6.05% $8,553 6.05% Federal Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $9,600 15.00% $9,600 15.00%   Prince Edward Island (PE) combined federal & provincial tax rates including surtax 2008 Taxable Income   2008 Marginal Tax Rates 2007 Taxable Income  2007 Marginal Tax Rates Other Income Capital Gains Canadian Dividends Other Income Capital Gains Canadian Dividends Eligible Dividends Small Business Dividends Eligible Dividends Small Business Dividends first $31,984 24.80% 12.40% -6.77% 8.96% first $31,369 24.80% 12.40% -6.77% 6.21% over $31,984 up to $37,885 28.80% 14.40% -0.97% 13.96% over $31,369 up to $37,178 28.80% 14.40% -0.97% 11.21% over $37,885 up to $63,969 35.80% 17.90% 9.18% 22.71% over $37,178 up to $62,739 35.80% 17.90% 9.18% 19.96% over $63,969 up to $75,769 38.70% 19.35% 13.39% 26.33% over $62,739 up to $74,357 38.70% 19.35% 13.39% 23.58% over $75,769 up to $98,143 42.70% 21.35% 19.19% 31.33% over $74,357 up to $75,841 42.70% 21.35% 19.19% 28.58% over $98,143 up to $123,184 44.37% 22.19% 20.09% 32.88% over $75,841 up to $120,887 44.37% 22.19% 20.09% 29.86% over $123,184 47.37% 23.69% 24.44% 36.63% over $120,887 47.37% 23.69% 24.44% 33.61% Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount). Small Business Dividend rates revised for 2008 Jan 15, 2009. PE Surtax 2008 2007 PE surtax rate (included in all above rates) 10% PE surtax rate (included in all above rates) 10% Surtax is on PE tax greater than  $  12,500 Surtax is on PE tax greater than  $    8,850 Person with only basic personal amount - surtax starts at taxable income of  $  98,143 Person with only basic personal amount - surtax starts at taxable income of  $  75,841 PE Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $7,708 9.80% $7,560 9.80% Federal Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $9,600 15.00% $9,600 15.00%   Quebec (QC) combined federal & provincial tax rates net of federal tax abatement 2008 Taxable Income   2008 Marginal Tax Rates 2007 Taxable Income  2007 Marginal Tax Rates Other Income Capital Gains Canadian Dividends Other Income Capital Gains Canadian Dividends Eligible Dividends Small Business Dividends Eligible Dividends Small Business Dividends first $37,500 28.53% 14.26% 1.14% 11.74% first $29,290 28.53% 14.26% 1.14% 11.74% over $37,500 up to $37,885 32.53% 16.26% 6.94% 16.74% over $29,290 up to $37,178 32.53% 16.26% 6.94% 16.74% over $37,885 up to $75,000 38.37% 19.19% 15.42% 24.05% over $37,178 up to $58,595 38.37% 19.19% 15.42% 24.05% over $75,000 up to $75,769 42.37% 21.19% 21.22% 29.05% over $58,595 up to $74,357 42.37% 21.19% 21.22% 29.05% over $75,769 up to $123,184 45.71% 22.86% 26.06% 33.22% over $74,357 up to $120,887 45.71% 22.86% 26.06% 33.22% over $123,184 48.22% 24.11% 29.69% 36.35% over $120,887 48.22% 24.11% 29.69% 36.35% Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount). QC Minimum Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $10,215 20.00% $9,745 20.00% Federal Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $9,600 15.00% $9,600 15.00%   Saskatchewan (SK) combined federal & provincial tax rates 2008 Taxable Income   2008 Marginal Tax Rates 2007 Taxable Income  2007 Marginal Tax Rates Other Income Capital Gains Canadian Dividends Other Income Capital Gains Canadian Dividends Eligible Dividends Small Business Dividends Eligible Dividends Small Business Dividends first $37,885 26.00% 13.00% -5.75% 8.33% first $37,178 26.00% 13.00% -5.75% 8.33% over $37,885 up to $39,135 33.00% 16.50% 4.40% 17.08% over $37,178 up to $38,405 33.00% 16.50% 4.40% 17.08% over $39,135 up to $75,769 35.00% 17.50% 7.30% 19.58% over $38,405 up to $74,357 35.00% 17.50% 7.30% 19.58% over $75,769 up to $111,814 39.00% 19.50% 13.10% 24.58% over $74,357 up to $109,729 39.00% 19.50% 13.10% 24.58% over $111,814 up to $123,184 41.00% 20.50% 16.00% 27.08% over $109,729 up to $120,887 41.00% 20.50% 16.00% 27.08% over $123,184 44.00% 22.00% 20.35% 30.83% over $120,887 44.00% 22.00% 20.35% 30.83% Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount). SK Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $12,945 11.00% $8,778 11.00% Federal Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $9,600 15.00% $9,600 15.00%   Yukon (YT) combined federal & territorial tax rates 2008 Taxable Income   2008 Marginal Tax Rates 2007 Taxable Income  2007 Marginal Tax Rates Other Income Capital Gains Canadian Dividends Other Income Capital Gains Canadian Dividends Eligible Dividends Small Business Dividends Eligible Dividends Small Business Dividends first $37,885 22.04% 11.02% -11.49% 5.32% first $37,178 22.04% 11.02% -11.49% 5.32% over $37,885 up to $75,769 31.68% 15.84% 2.49% 17.37% over $37,178 up to $74,357 31.68% 15.84% 2.49% 17.37% over $75,769 up to $78,753 37.44% 18.72% 10.84% 24.57% over $74,357 up to $77,959 37.44% 18.72% 10.84% 24.57% over $78,753 up to $123,184 38.01% 19.01% 10.87% 25.01% over $77,959 up to $120,887 38.01% 19.01% 10.87% 25.01% over $123,184 42.40% 21.20% 17.23% 30.49% over $120,887 42.40% 21.20% 17.23% 30.49% Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount). YT Surtax 2008 2007 YT surtax rate (included in all above rates) 5% YT surtax rate (included in all above rates) 5% Surtax is on YT tax greater than  $    6,000 Surtax is on YT tax greater than  $    6,000 Person with only basic personal amount - surtax starts at taxable income of  $  78,753 Person with only basic personal amount - surtax starts at taxable income of  $  77,959 YT Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $9,600 7.04% $8,929 7.04% Federal Basic Personal Amount 2008 Tax Rate 2007 Tax Rate $9,600 15.00% $9,600 15.00%

Revised: