CRA & Revenu Québec

Newfoundland and Labrador Tax Brackets & Credits

Did you know that roughly 95% of the population of Newfoundland and Labrador live on the island, and that about 60% live within the city of St. John’s? So, if you’re looking for some solitude, rural Newfoundland and Labrador might be for you!

Newfoundland and Labrador has a tax system similar to other Canadian provinces. Many of the provincial taxes and credits for residents of Newfoundland and Labrador compliment similar credits at the federal level, but there are some unique credits for residents of Newfoundland and Labrador.

Progressive Tax Rate Structure

As with most provinces, Newfoundland and Labrador uses a progressive tax structure.

The tax brackets increase each year, based on inflation. Visit the government of Newfoundland and Labrador’s Personal Income Tax page for this year’s tax bracket rates.

Newfoundland and Labrador’s Tax Brackets for Tax Year 2019

  • 8.7%: $0 – $37,591
  • 14.5%: $37,592 – $75,181
  • 15.8%: $75,182 – $134,224
  • 17.3%: $134,225 – $187,913
  • 18.3% – above $187,914

Newfoundland and Labrador Credits 

  • Newfoundland and Labrador Seniors Benefit: Residents 65 years of age at the end of the tax year qualify for this benefit. The benefit amount is based on your income. Learn more.

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References & Resources:

Provincial tax brackets

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