Manitoba Tax Brackets and Tax Rates 2019
Under the current tax on income method, tax for all provinces (except Québec) and territories is calculated the same way as federal tax. Form 428 is used to calculate this provincial tax. Non-refundable tax credits that are specific to a province are also calculated on Form 428.
Manitoba’s Income Tax Rates for the 2019 Tax Year:
- 10.8% on the first $32,670, plus
- 12.75% on the following $32,671 – $70,610, plus
- 17.4% for the portion above $70,610
Your taxable income represents your total income minus federal deductions like the RRSP deduction and child care expenses. Like its name implies, it is the amount on which you pay income tax.
Manitoba Tax Credits, Deductions, and Rebates
- Manitoba Child Benefit
Those benefits are in addition to the Canada Child Tax Benefit. - Tuition Free Income Tax Rebate
This rebate provides post-secondary education graduates with a 60% rebate on their eligible tuition fees once they begin working and paying taxes. In addition, Manitoba post-secondary students may be eligible to receive a 5% tax credit advance on their tuition fees while they are still in school. - Green energy
Manitoba Hydro offers several programs for individuals and businesses. For example, there are Power Smart Savings, Rebates and Loans, the Residential furnace/boiler replacement program, and the Home Insulation Program.
Some Manitoba Tax Forms:
- Form 5007-D: Provincial Worksheet: The Manitoba Provincial Worksheet is used to calculate specific deduction amounts that will be entered on form MB428 and MB479.
- MB428 – Manitoba Tax
- MB479 – Manitoba Credits
- Education property tax credit
- School tax credit for homeowners
- Primary caregiver tax credit
- Green energy equipment tax credit
- Co-op education and apprenticeship tax credit
- MB(S2) – Provincial Amounts Transferred From Your Spouse or Common-Law Partner
- T1299 – Manitoba book publishing tax credit for individuals
Provincial Tax Brackets
- Alberta
- British Columbia
- Manitoba
- Newfoundland and Labrador
- New Brunswick
- Northwest Territories
- Nova Scotia
- Nunavut
- Ontario
- Prince Edward Island
- Québec
- Saskatchewan
- Yukon
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