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Home  ->  Manitoba ->

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

Manitoba 2022 and 2021 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 Federal tax brackets and personal tax credit amounts are increased for 2022 by an indexation factor of 1.024 (a 2.4% increase).

The Manitoba brackets and basic personal amount are increased for 2022 by an indexation factor of 1.021 (a 2.1% increase).

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
2022 Taxable Income 2022 Tax Rates 2021 Taxable Income 2021 Tax Rates
first $34,431 10.80% first $33,723 10.80%
over $34,431 up to $74,416 12.75% over $33,723 up to $72,885 12.75%
over $74,416 17.40% over $72,885 17.40%

 

Combined Federal & Manitoba Tax Brackets and Tax Rates
2022 Taxable Income MB 2022 Marginal Tax Rates 2021 Taxable Income MB 2021 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $34,431 25.80% 12.90% 3.84% 18.38% first $33,723 25.80% 12.90% 3.84% 18.38%
over $34,431 up to $50,197 27.75% 13.88% 6.53% 20.63% over $33,723 up to $49,020 27.75% 13.88% 6.53% 20.63%
over $50,197 up to $74,416 33.25% 16.63% 14.12% 26.95% over $49,020 up to $72,885 33.25% 16.63% 14.12% 26.95%
over $74,416 up to $100,392 37.90% 18.95% 20.53% 32.30% over $72,885 up to $98,040 37.90% 18.95% 20.53% 32.30%
over $100,392 up to $155,625 43.40% 21.70% 28.12% 38.62% over $98,040 up to $151,978 43.40% 21.70% 28.12% 38.62%
over $155,625 up to $221,708 46.78% 23.39% 32.79% 42.51% over $151,978 up to $216,511 46.72% 23.36% 32.71% 42.44%
over $221,708 50.40% 25.20% 37.78% 46.67% over $216,511 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
2022 Personal Amount 2022 Tax Rate 2021 Personal Amount 2021 Tax Rate
$10,145 10.80% $9,936 10.80%
Federal Basic Personal Amount
2022 Personal Amount (1) 2022 Tax Rate 2021 Personal Amount (1) 2021 Tax Rate
$14,398 15% $13,808 15%

(1) See the federal tax rates page for information on the enhanced federal personal amount, which increases the marginal tax rates for taxable incomes in the second highest federal tax bracket.  The marginal tax rates in blue above have been adjusted to reflect these changes.

Copyright © 2002 Boat Harbour Investments Ltd.

Revised: September 03, 2022

 

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