CRA & Revenu Québec

New Brunswick Tax Brackets and Credits

Did you know that one third of the world’s french fries come from New Brunswick? The McCain brothers set up their first plant there in 1957 and their multi-billion-dollar company is still going strong!

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

Progressive Tax Rate Structure

As with most provinces, New Brunswick uses a progressive tax structure.

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

New Brunswick’s Tax Brackets for Tax Year 2019

  • 9.68%: $0 to $42,592
  • 14.82%: $42,593 to $85,184
  • 16.52%: $85,185 to $138,491
  • 17.84%: $138,492 to $157,778
  • 20.3%: Over $157,778

New Brunswick Credits

  • Low-income tax reduction: Residents with low-income may qualify for this nonrefundable credit. The amount you receive depends on your family net income. Learn more.
  • Seniors’ Home Renovation Tax Credit: Residents who are 65 years or older or living with a family member who is 65 or older can claim up to $10,000 in home renovation expenses, where the renos were for safety or mobility improvements. Learn more.

References & Resources:

Provincial tax brackets

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