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Manitoba ->
Tax Rates   ->   2020 and 2021 Tax Rates -> Manitoba Personal Income Tax Rates

Manitoba 2021 and 2020 Personal Marginal Income Tax Rates

Manitoba Income Tax Act s. 4, 4.1, 4.6, 4.7

The Manitoba income tax brackets and basic personal amount are indexed, which began in 2017, but other Manitoba personal tax credits are not indexed.

The Manitoba brackets and basic personal amount are increased for 2021 by an indexation factor of 1.010.

The Federal tax brackets and personal tax credit amounts are increased for 2021 by an indexation factor of 1.010.

The indexation factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency information.

Tax Tip: read the article Understanding the Tables of Personal Income Tax Rates, especially if you are trying to compare the rates below to the marginal tax rates in the Basic Tax Calculator.

Manitoba Personal Income Tax Brackets and Tax Rates
2021 Taxable Income 2021 Tax Rates 2020 Taxable Income 2020 Tax Rates
first $33,723 10.80% first $33,389 10.80%
over $33,723 up to $72,885 12.75% over $33,389 up to $72,164 12.75%
over $72,885 17.40% over $72,164 17.40%

 

Combined Federal & Manitoba Tax Brackets and Tax Rates
2021 Taxable Income 2021 Marginal Tax Rates 2020 Taxable Income 2020 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $33,723 25.80% 12.90% 3.84% 18.38% first $33,389 25.80% 12.90% 3.84% 18.38%
over $33,723 up to $49,020 27.75% 13.88% 6.53% 20.63% over $33,389 up to $48,535 27.75% 13.88% 6.53% 20.63%
over $49,020 up to $72,885 33.25% 16.63% 14.12% 26.95% over $48,535 up to $72,164 33.25% 16.63% 14.12% 26.95%
over $72,885 up to $98,040 37.90% 18.95% 20.53% 32.30% over $72,164 up to $97,069 37.90% 18.95% 20.53% 32.30%
over $98,040 up to $151,978 43.40% 21.70% 28.12% 38.62% over $97,069 up to $150,473 43.40% 21.70% 28.12% 38.62%
over $151,978 up to $216,511(1) 46.72% 23.36% 32.71% 42.44% over $150,473 up to $214,368(1) 46.62% 23.31% 32.57% 42.32%
over $216,511 50.40% 25.20% 37.78% 46.67% over $214,368 50.40% 25.20% 37.78% 46.67%
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 15%.
For more information see Manitoba dividend tax credits.
Manitoba Basic Personal Amount
2021 Personal Amount 2021 Tax Rate 2020 Personal Amount 2020 Tax Rate
$9,936 10.80% $9,838 10.80%
Federal Basic Personal Amount
2021 Personal Amount (1) 2021 Tax Rate 2020 Personal Amount (1) 2020 Tax Rate
$13,808 15% $13,229 15%

(1) See the federal tax rates page for information on the federal personal amount increase.

The marginal tax rates above have been adjusted to reflect these changes.

Copyright © 2002 Boat Harbour Investments Ltd.

Revised: October 07, 2021

 

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

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