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Manitoba 2025 and 2026 Tax Rates & Tax Brackets

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

The Manitoba 2025 Budget announced that the 2025 Basic Personal Amount and tax bracket thresholds would remain at 2024 levels.  Indexation is now frozen.

The Federal tax brackets and personal tax credit amounts are increased for 2026 by an indexation factor of 1.02 (2% increase).

See Indexation of the Personal Income Tax System for how the indexation factors are calculated.

The Federal and Manitoba indexation factors, tax brackets and tax rates for 2026 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 or the Detailed Tax Calculators, or to calculate your own marginal tax rate.

TaxTips.ca - Manitoba Tax Rates
2026 Taxable Income 2026 Tax Rates 2025 Taxable Income 2025 Tax Rates
first $47,000 10.80% first $47,000 10.80%
over $47,000 up to $100,000 12.75% over $47,000 up to $100,000 12.75%
over $100,000 17.40% over $100,000 17.40%

There is a phase-out of the Basic Personal Amount (BPA) over a net income range of $200,000 to $400,000 for 2025 and subsequent years, as was planned in the 2024 Budget.

TaxTips.ca - Combined Federal & Manitoba Tax Brackets and Tax Rates
2026 Taxable Income (1) MB 2026 Marginal Tax Rates 2025 Taxable Income (1) MB 2025 Marginal Tax Rates
Other
Income
Capital Gains Canadian Dividends Other
Income
Capital Gains Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $47,000 24.80% 12.40% 2.46% 17.23% first $47,000 25.30% 12.65% 3.15% 17.81%
over $47,000 up to $58,523 26.75% 13.38% 5.15% 19.48% over $47,000 up to $57,375 27.25% 13.63% 5.84% 20.05%
over $58,523 up to $100,000 33.25% 16.63% 14.12% 26.95% over $57,375 up to $100,000 33.25% 16.63% 14.12% 26.95%
over $100,000 up to $117,045 37.90% 18.95% 20.53% 32.30% over $100,000 up to $114,750 37.90% 18.95% 20.53% 32.30%
over $117,045 up to $181,440 43.40% 21.70% 28.12% 38.62% over $114,750 up to $177,882 43.40% 21.70% 28.12% 38.62%
over $181,440 up to $200,000 46.69% 23.35% 32.67% 42.40% over $177,882 up to $200,000 46.71% 23.36% 32.70% 42.43%
over $200,000 up to $258,482 47.54% 23.77% 33.84% 43.38% over $200,000 up to $253,414 47.56% 23.78% 33.87% 43.41%
over $258,482 up to $400,000 51.25% 25.63% 38.96% 47.65% over $253,414 up to $400,000 51.25% 25.63% 38.96% 47.65%
over $400,000 50.40% 25.20% 37.78% 46.67% over $400,000 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.
Copyright © 2002 Boat Harbour Investments Ltd.

(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.

The Manitoba basic personal amount (BPA) for 2025 is reduced for taxpayers with net income (line 23600) in excess of $200,000, and reaches zero when net income is $400,000 and above. The marginal tax rates in teal reflect both the Federal and Manitoba BPA changes. The marginal tax rates in purple reflect only Manitoba BPA changes. The table of marginal tax rates assume that line 23600 net income is equal to taxable income for this purpose.

TaxTips.ca
Manitoba Basic Personal Amount
2026 Personal Amount 2026 Tax Rate 2025 Personal Amount 2025 Tax Rate
$15,780 10.80% $15,780 10.80%

 

Federal Basic Personal Amount
2026 Personal Amount (1)
Minimum / Maximum
2026 Tax Rate 2025 Personal Amount (1)
Minimum / Maximum
2025 Tax Rate
$14,829 $16,452 14.0% $14,538 $16,129 14.5%

Copyright © 2002 Boat Harbour Investments Ltd.

Revised: November 22, 2025