Nova Scotia – Income Tax Brackets, Rates, & Provincial Tax Credits
TurboTax Canada
January 21, 2025 | 2 Min Read
Updated for tax year 2025
Did you know that Nova Scotia’s famous landmark, the Old Town Clock, has been keeping time since 1803. That’s a century before Canadian personal income taxes were introduced! But speaking of income taxes, let’s dive into this tax season’s tax brackets, credits, deductions, and more!
Nova Scotia’s income tax brackets for Tax Year 2025
| Tax rate | Taxable income threshold |
|---|---|
| 8.79% | on the portion of taxable income that is $30,507 or less, plus |
| 14.95% | on the portion of taxable income over $30,507 up to $61,015, plus |
| 16.67% | on the portion of taxable income over $61,015 up to $95,883, plus |
| 17.5% | on the portion of taxable income over $95,883 up to $154,650, plus |
| 21% | on the portion of taxable income over $154,650 |
Nova Scotia’s provincial tax credits
Nova Scotia has a tax system similar to other Canadian provinces. Many of the provincial taxes and credits for residents of Nova Scotia complement similar credits at the federal level, but there are some unique credits for residents of Nova Scotia.
- Children’s sports and arts tax credit: This credit of $500 is intended to help cover the costs of registering your children under 19 into sports or arts related activities.
- Rebate for fertility treatments, surrogacy-related medical expenses: This refundable tax credit is meant to help ease the financial burden of fertility treatments and surrogacy related medical expenses. The credit equals 40 % of the cost of fertility treatments and surrogacy related medical expenses which must take place in Nova Scotia with a qualified medical practitioner or clinic.
- Basic needs assistance: For those that need assistance with their daily basic needs, such as clothing, food or shelter, you will be allocated a monthly amount. This amount is based on the number of people within your household and your personal circumstances.
- The poverty reduction credit (PRC): Although you don’t need to apply for this credit, this is based on filing your tax return for the previous year.
- The affordable living tax credit: Going hand in hand with the PRC credit, this credit is for low-income individuals and their families.
- The Nova Scotia child credit: In addition to the federal CCB, you’ll receive a provincial credit as well. For more detailed information review this link from the provincial website.
File with confidence.
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