CRA & Revenu Québec, Provincial, Tax Basics

Nova Scotia Provincial Tax Brackets, Tax Rates, and Credits

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!

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.

Nova Scotia’s Progressive Tax Rate Structure

As with most provinces, Nova Scotia uses a progressive tax structure with 5 tax brackets. Nova Scotia discontinued indexing, therefore the provincial tax brackets have remained the same for a number of years. Visit the government of Nova Scotia’s Personal Income Tax page for tax bracket rates.

Nova Scotia’s Income Tax Brackets for Tax Year 2020

Tax Rate

Tax Bracket

Taxable Annual Income

8.79%  on the first $29,590  $29,590
14.95%  on the next $29,590  over $29,590 up to $59,180
16.67%  on the next $33,820  over $59,180 up to $93,000
17.5%  on the next $57,000  over $93,000 up to $150,000
21%  on the portion over $150,000  over $150,000

Nova Scotia’s Tax Credits

There is an allowable amount of income that you can earn before you must start paying taxes. That is called the “basic personal” or “personal amount.” For the 2020 tax year, the Federal Basic Personal Amount (BPA) is $13,229, while the Nova Scotia amount is $8,481.

This TurboTax article provides more information on the federal tax rates, as well as links to other provinces and tax calculators: An Overview of Canada’s Tax Brackets.

Affordable, Professional Tax Help

TurboTax is the software of choice for personal taxes, small businesses, and entrepreneurs. It’s the fast, easy, affordable, accurate way to do your taxes. Answer a few simple questions on our product recommender and we can help guide you to the right edition that will reflect your individual circumstances.

You can always start your return in TurboTax Free, and if you feel the need for additional assistance, you can upgrade to any of our paid editions or get Live help from an expert with our Assist & Review or Full Service. But don’t worry, while using the online version of the software when you choose to upgrade, your information is instantly carried over so you can pick up right where you left off.

Provincial tax brackets

Looking for an income tax calculator for your province or territory?

Alberta Tax Brackets Alberta tax calculator
British Columbia Tax Brackets British Columbia tax calculator
Manitoba Tax Brackets Manitoba tax calculator
Newfoundland and Labrador Tax Brackets Newfoundland and Labrador tax calculator
New Brunswick Tax Brackets New Brunswick tax calculator
Northwest Territories Tax Brackets Northwest Territories tax calculator
Nova Scotia Tax Brackets Nova Scotia tax calculator
Nunavut Tax Brackets Nunavut tax calculator
Ontario Tax Brackets Ontario tax calculator
Prince Edward Island Tax Brackets Prince Edward Island tax calculator
Québec Tax Brackets Quebec tax calculator
Saskatchewan Tax Brackets Saskatchewan tax calculator
Yukon Tax Brackets Yukon tax calculator