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2018 Provincial Tax Brackets: Nova Scotia

Nova Scotia

Tax rates for 2018

  • 8.79% on the first $29,590 of taxable income, plus
  • 14.95% on the portion of taxable income that is more than $29,590 but not more than $59,180, plus
  • 16.67% on the portion of taxable income that is more than $59,180 but not more than $93,000, plus
  • 17.5% on the portion of taxable income that is more than $93,000 but not more than $150,000, plus
  • 21% on taxable income over $150,000.

Non-refundable tax credits, credits and reductions

Nova Scotia offers the following credits and reductions to further reduce your amount of provincial tax payable:

Nova Scotia volunteer firefighters and ground search and rescue tax credit

Nova Scotia offers the Nova Scotia volunteer firefighters and ground search and rescue tax credit which is a refundable credit.

Did you know?

In 2013-14, the Province of Nova Scotia received $9.3 billion in revenue. Most of that came from taxes, including the income tax individuals and businesses pay, taxes on gasoline, HST, user fees, and royalities the government receives from offshore petroleum production activities.

Of that $9.3 billion dollars, the Nova Scotia government paid out $9.9 billion dollars, see below.