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Nova Scotia 2017 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 2018 by an indexation factor of
1.015. The indexation
factors, tax brackets and tax rates have been
confirmed to Canada Revenue Agency
information.
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.
Nova Scotia
Personal Income Tax Brackets and Tax Rates
2018
Taxable Income
2018
Tax Rates
2017
Taxable Income
2017
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
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 $25,000
23.79%
11.90%
-0.11%
12.29%
first $29,590
23.79%
11.90%
-0.11%
11.62%
over $25,000 up to
$29,590
24.32%
12.16%
0.62%
12.91%
over $29,590 up to
$45,916
29.95%
14.98%
8.39%
18.83%
over $29,590 up to
$46,605
30.48%
15.24%
9.12%
20.05%
over $45,916 up to $59,180
35.45%
17.73%
15.98%
25.27%
over $46,605 up to $59,180
35.98%
17.99%
16.71%
26.43%
over $59,180 up to
$91,831
37.17%
18.59%
18.35%
27.28%
over $59,180 up to
$74,999
37.70%
18.85%
19.09%
28.43%
over $91,831 up to $93,000
42.67%
21.34%
25.94%
33.71%
over $74,999 up to
$93,000
37.17%
18.59%
18.35%
27.82%
over $93,000 up to
$142,353
43.50%
21.75%
27.09%
34.68%
over $93,000 up to $93,208
38.00%
19.00%
19.50%
28.78%
over $142,353 up to $150,000
46.50%
23.25%
31.23%
38.19%
over $93,208 up to
$144,489
43.50%
21.75%
27.09%
35.16%
over $150,000 up
to $202,800
50.00%
25.00%
36.06%
42.29%
over $144,489 up to $150,000
46.50%
23.25%
31.23%
38.64%
over $202,800
54.00%
27.00%
41.58%
46.97%
over $150,000 up
to $205,842
50.00%
25.00%
36.06%
42.70%
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
17% in 2017, and 16% in 2018.
For more information see
Nova Scotia dividend tax credits.
Nova Scotia Basic Personal
Amount
2018
Personal Amount
2018
Tax
Rate
2017
Personal Amount
2017
Tax
Rate
$8,481 (1)
8.79%
$8,481
8.79%
Federal Basic Personal
Amount
2018
Personal Amount
2018
Tax
Rate
2017
Personal Amount
2017
Tax
Rate
$11,809
15%
$11,635
15%
(1) An
additional
$3,000 personal amount for 2018, 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 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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