Tax Rates -> 2020 and 2021 Tax Rates -> Quebec Personal Income Tax Rates
Quebec 2021 and 2020 Personal Marginal Income Tax Rates
The Quebec tax brackets and personal tax credit amounts are increased for 2021 by an indexation factor of 1.0126. Quebec's indexation factor is calculated using the Quebec consumer price index (CPI) All-items excluding alcoholic beverages, tobacco products and smokers' supplies and recreational cannabis.
The Federal tax brackets and personal tax credit amounts are increased for 2021 by an indexation factor of 1.010.
The federal indexation factor, tax brackets and tax rates have been confirmed to Canada Revenue Agency. The Quebec indexation factor, tax brackets and tax rates have been confirmed to Quebec Ministry of Finance information.
The Quebec basic personal amount is rounded to the nearest $1, beginning with the 2018 taxation year. The Quebec tax thresholds are rounded to the nearest $5. 2017 is the base year for the thresholds and the personal amount.
The dividend tax credit rates for both eligible and non-eligible dividends were reduced for dividends received after March 27, 2018, and were further reduced each year until 2020 for eligible dividends, and 2021 for non-eligible dividends. The marginal rates below reflect the reduced dividend tax rates.
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%. The Federal personal amount shown below is before the reduction from the federal tax abatement.
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.
(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.
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Revised: October 22, 2021
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