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Tax tables Thumbnail

Tax tables

Selected non-refundable tax credits – 2020



Factors

Federal (%)


Provincial (%)

BC

AB

SK

ON

QC

NB

NS

PE

NL

YK

NT

NU

General factor1

15

5.06

10

10.5

5.05

15

9.68

8.79

9.8

8.7

6.4

5.9

4

Increase due to surtax2





1.2 or 1.56




1.1






 

Maximum amounts for selected tax credits  Federal ($)  Provincial ($)
BC  AB  SK  MB  ON  QC  NB  NS  PE  NL  YK  NT  NU 
Basic 13,229 10,949 19,369 16,065 9,838 10,783 15,532 10,459 8,481 10,000 9,498 13,229 15,093 16,304
Spouse or equivalent to spouse 13,229 9,376 19,369 16,065 9,134 9,156
8,882 8,481 8,493 7,761 13,229 15,093 16,304
Age 65 7,637 4,910 5,397 4,894 3,728 5,265 3,267 5,107 4,141 3,764 6,063 7,637 7,382 10,408
Net income threshold 38,508 36,552 40,179 36,430 27,749 39,193 35,205 38,019 30,828 28,019 33,226 38,508 38,508 38,508
Disability













Basic 8,576 8,212 14,940 9,464 6,180 8,712 3,449 8,468 7,341 6,890 6,409 8,576 12,239 13,877
Under 18 supplement 5,003 4,791 11,212 9,464 3,605 5,081
4,940 3,449 4,019 3,016 5,003 5,003 5,003
Infirm dependent (18 or over) 7,276 4,792


5,082




7,276

Caregiver

11,212 9,464 3,605

4,940 4,898 2,446 3,016
5,002 5,002
Pension income 2,000 1,000 1,491 1,000 1,000 1,491 2,902 1,000 1,173 1,000 1,000 2,000 1,000 2,000
Child (each child under 19)


6,094









Child (each child under 6)







1,200 1,200


1,200
Adoption 16,563 16,563 13,247
10,000 13,156



12,818 16,563

CPP/QPP3 2,898 2,898 2,898 2,898 2,898 2,898
2,898 2,898 2,898 2,898 2,898 2,898 2,898
Employment Insurance (EI)4 856 856 856 856 856 856
856 856 856 856 856 856 856
Canada Employment 1,245









1,245

Education (per month)5













Full-time



400


200 400 200
400 400
Part-time



120


60 120 60
120 120
Textbook (per month)5













Full-time












65
Part-time












20

This table presents maximum amounts for selected non-refundable tax credits. Further information on tax credits, as well as thresholds and rules to claim each credit can be found in the tax return guides for each province (except Quebec) on the CRA site at https://www.canada.ca/en/ revenue-agency/services/forms-publications/tax-packages-years/general-income-taxbenefit- package.html. Quebec residents can find information on federal credits on the CRA site and Quebec credits on the Revenu Quebec site at https://www.revenuquebec.ca/en/citizens/ tax-credits/.

1. The general factor, multiplied by the federal or provincial/territorial amount, yields the value of the federal or provincial/ territorial non-refundable tax credit. For Quebec taxpayers, the factor for each federal credit is reduced by 16.5% due to the federal tax abatement.
2. Where provincial/territorial surtaxes apply, the value of the credits shown will be higher by the factors indicated. 
3. For residents of Quebec, the maximum federal credit for QPP contributions is $2,991. 
4. For residents of Quebec, the federal EI plan does not provide maternity or parental benefits therefore the maximum federal credit for EI contributions is $664. The Quebec Parental Insurance Plan (QPIP) is a separate plan for maternity, paternity, parental and adoption benefits and for QPIP the maximum federal credit for contributions is $402. 
5. The federal education and textbook tax credits were eliminated effective January 1, 2017. Unused education and textbook credit amounts carried forward from years prior to 2018 will remain available to be claimed in 2018 and subsequent years. 


Federal and provincial top rates, tax brackets and surtaxes for 2020

 


2020 2019






Tax rates and brackets Surtaxes and
 thresholds5
Tax rates and brackets

Selected non-refundable tax credits2  Salary/ interest (%)  Capital gains (%)  Eligible dividends3 (%)  Ineligible dividends4 (%)  (%)  ($)  ($)  (%)  ($)  (%)  ($)  ($) 
Federal PE 13,229 33 16.5 24.81 27.57 15 0 48,535

15 0 47,630

PIC 2,000



20.5 48,536 97,069

20.5 47,631 95,259

Age 7,637 @ 38,508



26 97,070 150,473

26 95,260 147,667






29 150,474 214,368

29 147,668 210,371






33 214,369 +

33 210,372 +
British Columbia PE 10,949 53.5 26.75 36.54 48.89 5.06 0 41,725

5.06 0 40,707

PIC 1,000



7.7 41,726 83,451

7.7 40,708 81,416

Age 4,911 @ 36,552



10.5 83,452 95,812

10.5 81,417 93,476






12.29 95,813 116,344

12.29 93,477 113,506






14.7 116,345 157,748

14.7 113,507 153,900






16.8 157,749 220,000

16.8 153,901 +






20.5 220,001 +




Alberta PE 19,369 48 24 31.71 42.31 10 0 131,220

10 0 131,220

PIC 1,491



12 131,221 157,464

12 131,221 157,464

Age 5,397 @ 40,179



13 157,465 209,952

13 157,465 209,952






14 209,953 314,928

14 209,953 314,928






15 314,929 +

15 314,929 +
Saskatchewan PE 16,065 47.5 23.75 29.64 40.37 10.5 0 45,225

10.5 0 45,225

PIC 1,000



12.5 45,226 129,214

12.5 45,226 129,214

Age 1,292 + 4,894



14.5 129,215 +

14.5 129,215 +
@ 36,430
Manitoba PE 9,838 50.4 25.2 37.78 46.67 10.8 0 33,389

10.8 0 32,670

PIC 1,000



12.75 33,390 72,164

12.75 32,671 70,610

Age 3,728 @ 27,749



17.4 72,165 +

17.4 70,611 +
Ontario PE 10,783 53.53 26.76 39.34 47.74 5.05 0 44,740

5.05 0 43,906

PIC 1,491



9.15 44,741 78,783 20 4,830 9.15 43,907 77,313

Age 5,265 @ 39,194



10.98 78,784 89,482 36 6,182 10.98 77,314 87,813






13.39 89,483 92,825

13.39 87,814 91,101






17.41 92,826 150,000

17.41 91,102 150,000






18.97 150,001 220,000

18.97 150,001 220,000






20.53 220,001 +

20.53 220,001 +
Quebec PE 15,532 53.31 26.65 40.11 47.14 15 0 44,545

15 0 43,790

PIC 2,902



20 44,546 89,080

20 43,791 87,575

Age 3,267 @ 35,205



24 89,081 108,390

24 87,576 106,555






25.75 108,391 +

25.75 106,556 +
New Brunswick PE 10,459 53.3 26.65 33.51 47.75 9.68 0 43,401

9.68 0 42,592

PIC 1,000



14.82 43,402 86,803

14.82 42,593 85,184

Age 5,107 @ 38,020



16.52 86,804 141,122

16.52 85,185 138,491






17.84 141,123 160,776

17.84 138,492 157,778






20.3 160,777 +

20.3 157,779 +
Nova Scotia PE 8,481 54 27 41.58 48.28 8.79 0 29,590

8.79 0 29,590

PIC 1,173



14.95 29,591 59,180

14.95 29,591 59,180

Age 4,141 @ 30,828



16.67 59,181 93,000

16.67 59,181 93,000






17.5 93,001 150,000

17.5 93,001 150,000






21 150,001 +

21 150,001 +
Prince Edward Island PE 10,000 51.37 25.69 34.22 45.22 9.8 0 31,984

9.8 0 31,984

PIC 1,000



13.8 31,985 63,969 10 12,500 13.8 31,985 63,969

Age 3,764 @ 28,019



16.7 63,970 +

16.7 63,970 +
Newfoundland and Labrador PE 9,498 51.3 25.65 42.61 44.59 8.7 0 37,929

8.7 0 37,591
PIC 1,000




14.5 37,930 75,858

14.5 37,592 75,181

Age 6,063 @ 33,226



15.8 75,859 135,432

15.8 75,182 134,224






17.3 135,433 189,604

17.3 134,225 187,913






18.3 189,605 +

18.3 187,914 +
Yukon PE 13,229 48 24 28.93 42.17 6.4 0 48,535

6.4 0 47,630

PIC 2,000



9 48,536 97,069

9 47,631 95,259

Age 7,637 @ 38,508



10.9 97,070 150,473

10.9 95,260 147,667






12.8 150,474 500,000

12.8 147,668 500,000






15 500,001 +

15 500,001 +
Northwest Territories PE 15,093 47.05 23.53 28.33 36.82 5.9 0 43,957

5.9 0 43,137

PIC 1,000



8.6 43,958 87,916

8.6 43,138 86,277

Age 7,383 @ 38,508



12.2 87,917 142,932

12.2 86,278 140,267






14.05 142,933 +

14.05 140,268 +
Nunavut PE 16,304 44.5 22.25 33.08 37.79 4 0 46,277

4 0 45,414

PIC 2,000



7 46,278 92,555

7 45,415 90,829

Age 10,408 @ 38,508



9 92,556 150,473

9 90,830 147,667






11.5 150,474 +

11.5 147,668 +
Non-Resident
48.84 24.42 36.72 40.8 7.68 0 48,535

7.2 0 47,630






9.84 48,536 97,069

9.84 47,631 95,259






12.48 97,070 150,473

12.48 95,260 147,667






13.92 150,474 214,368

13.92 147,668 +






15.84 214,369





1.Rates of tax based on publicly available information as of July 2019

2.Non-refundable tax credits are generally calculated at the lowest marginal rate. For example, federal tax credits are at 15%. All provinces use the rate for the first bracket. PE: Basic Personal Exemption, PIC: Pension Income Credit, Age: Credit reduced if income exceed specified limit.

3 Eligible Dividends: Dividends paid by corporations resident in Canada from income that has been subject to the general federal corporate tax rate (public corporations, CCPCs from eligible dividends received from public corporations, other Canadian resident corporations subject to the general corporate rate).


4. Ineligible Dividends: Dividends paid by Canadian Controlled Private Corporations (CCPC) that is from income that is eligible for the small business deduction (SBD) or from investment income other than income from eligible dividends from public corporations.

5 Surtaxes apply to provincial tax above the threshold.


2020 Effective income tax rates for individuals 

Prepared from information available at July 2020. 

This table shows combined federal and provincial or territorial taxes, including surtaxes, on interest or ordinary income, assuming only the basic personal tax credit is claimed (except non-residents – see note 1). 

 

 
Taxable income ($)  (%) 

BC  AB  SK  MB  ON  QC  NB  NS  PE  NL  YK  NT  NU  Non-residents1 
20,000  7.4%  5.4%  7.1%  10.6%  7.4%  7.6%  9.7%  8.8%  10.0%  9.6%  7.2%  6.5%  5.8%  12.3% 
25,000  9.9%  9.3%  10.8%  13.6%  9.9%  11.6%  12.7%  11.8%  12.9%  12.5%  10.1%  9.4%  8.5%  14.3% 
30,000  11.6%  11.9%  13.3%  15.6%  11.6%  14.2%  14.7%  14.0%  14.9%  14.3%  12.0%  11.3%  10.2%  15.6% 
35,000  12.8%  13.8%  15.0%  17.2%  12.8%  16.1%  16.1%  16.3%  16.7%  15.7%  13.3%  12.7%  11.5%  16.5% 
40,000  13.7%  15.2%  16.3%  18.5%  13.7%  17.6%  17.2%  18.1%  18.2%  17.0%  14.3%  13.7%  12.4%  17.2% 
45,000  14.6%  16.3%  17.3%  19.5%  14.5%  18.7%  18.2%  19.5%  19.4%  18.4%  15.1%  14.6%  13.1%  17.8% 
50,000  15.6%  17.3%  18.5%  20.5%  15.6%  20.2%  19.5%  20.7%  20.5%  19.6%  16.0%  15.6%  14.1%  18.5% 
55,000  16.7%  18.5%  19.8%  21.7%  16.9%  21.8%  21.0%  22.1%  21.7%  21.0%  17.2%  16.9%  15.3%  19.5% 
60,000  17.7%  19.5%  20.9%  22.6%  17.9%  23.0%  22.2%  23.3%  22.8%  22.2%  18.2%  17.9%  16.3%  20.4% 
70,000  19.2%  21.1%  22.7%  24.2%  19.6%  25.1%  24.0%  25.4%  24.7%  24.0%  19.8%  19.5%  17.9%  21.9% 
80,000  20.3%  22.3%  23.9%  25.7%  20.9%  26.6%  25.4%  26.9%  26.2%  25.5%  21.0%  20.7%  19.1%  22.9% 
90,000  21.4%  23.2%  25.0%  27.1%  22.1%  27.8%  26.6%  28.0%  27.5%  26.7%  22.0%  21.7%  20.1%  23.7% 
100,000  22.6%  24.1%  25.9%  28.3%  23.7%  29.2%  27.8%  29.1%  28.6%  27.8%  23.0%  23.0%  21.1%  24.6% 
110,000  24.0%  25.2%  27.1%  29.7%  25.5%  30.8%  29.1%  30.5%  30.0%  29.1%  24.2%  24.4%  22.4%  25.9% 
120,000  25.3%  26.1%  28.0%  30.8%  27.0%  32.2%  30.3%  31.5%  31.2%  30.1%  25.3%  25.5%  23.4%  26.9% 
130,000  26.5%  26.8%  28.8%  31.8%  28.3%  33.3%  31.2%  32.5%  32.2%  31.0%  26.2%  26.5%  24.3%  27.8% 
140,000  27.5%  27.6%  29.7%  32.6%  29.3%  34.3%  32.0%  33.2%  33.1%  31.5%  26.9%  27.3%  25.1%  28.6% 
150,000  28.4%  28.3%  30.4%  33.4%  30.3%  35.2%  32.8%  33.9%  33.9%  32.3%  27.6%  28.1%  25.7%  29.3% 
200,000  32.7%  31.7%  33.7%  36.7%  34.7%  39.0%  36.8%  38.0%  37.3%  36.1%  31.2%  31.9%  29.5%  32.7% 
300,000  39.2%  36.6%  38.1%  41.1%  40.7%  43.6%  42.1%  43.1%  41.8%  41.0%  35.9%  36.8%  34.3%  37.8% 
400,000  42.8%  39.4%  40.5%  43.4%  43.9%  46.0%  44.9%  45.9%  44.2%  43.6%  38.4%  39.3%  36.9%  40.6% 
500,000  44.9%  41.1%  41.9%  44.8%  45.8%  47.5%  46.6%  47.5%  45.6%  45.1%  39.8%  40.9%  38.4%  42.2% 
750,000  47.8%  43.4%  43.8%  46.7%  48.4%  49.4%  48.8%  49.7%  47.5%  47.2%  42.6%  42.9%  40.4%  44.4% 
1,000,000  49.2%  44.6%  44.7%  47.6%  49.7%  50.4%  50.0%  50.7%  48.5%  48.2%  43.9%  44.0%  41.4%  45.5% 


 

Top marginal tax rates  (%) 

BC  AB  SK  MB  ON  QC  NB  NS  PE  NL  YK  NT  NU  Non-residents1 
Eligible dividends  31.44  31.71  29.64  37.78  39.34  40.00  33.51  41.58  34.22  42.61  28.93  28.33  33.08  36.72 
Ineligible dividends  44.63  42.31  40.37  46.67  47.40  46.25  47.75  48.28  45.22  44.59  42.17  36.82  37.79  40.80 
Capital gains  24.90  24.00  23.75  25.20  26.77  26.66  26.65  27.00  25.69  25.65  24.00  23.53  22.25  24.42 
Other income  49.80  48.00  47.50  50.40  53.53  53.31  53.30  54.00  51.37  51.30  48.00  47.05  44.50  48.84 


1 Assumes that non-residents will not qualify for the federal personal basic credit. 


 
Provincial probate/verification fees and tax chart 

Province  Value of estates  Fees/tax



British Columbia  Up to $25,000  $0 

$25,001 to $50,000  $6 per $1,000 in excess of $25,000 

$50,001 or more  $14 per $1,000 in excess of $50,000 
Alberta  Up to $10,000  $35 

$10,001 to $25,000  $135 

$25,001 to $125,000  $275 

$125,001 to $250,000  $400 

$250,001 or more  $525 maximum 
Saskatchewan  Any amount  $7 per $1,000 or portion thereof 
Manitoba1  Up to $10,000  $70 

$10,001 or more  $70 + $7 per $1,000 or fraction thereof in excess of $10,000 
Ontario  Up to $50,000  $0 

$50,001 or more  $15 per $1,000 or portion thereof in excess of $50,000 
Quebec  Non-notarial will  N/A – court verification fee only 

Notarial will  No fee 
New Brunswick  Up to $5,000  $25 

$5,001 to $10,000  $50 

$10,001 to $15,000  $75 

$15,001 to $20,000  $100 

$20,001 or more  $5 per $1,000 or portion thereof in excess of $20,000 (0.5%) 
Prince Edward Island  Up to $10,000  $50 

$10,001 to $25,000  $100 

$25,001 to $50,000  $200 

$50,001 to $100,000  $400 

$100,001 or more  $400 + $4 per $1,000 or fraction thereof in excess of $100,000 
Nova Scotia  Up to $10,000  $85.60 

$10,001 to $25,000  $215.20 

$25,001 to $50,000  $358.15 

$50,001 to $100,000  $1,002.65 

$100,001 or more  $1,002.65 +$16.95 per $1,000 or fraction thereof in excess of $100,000 
Newfoundland and Labrador  Up to $1,000  $60 

$1,001 or more  $60 + $0.60 per $100 in excess of $1,000 (0.6%) 
Northwest Territories  Up to $10,000  $30 

$10,001 to $25,000  $110 

$25,001 to $125,000  $215 

$125,001 to $250,000  $325 

$250,001 or more  $435 
Yukon  Up to $25,000  $0 

$25,001 or more  $140 
Nunavut  Up to $10,000  $25 

$10,001 to $25,000  $100 

$25,001 to $125,000  $200 

$125,001 to $250,000  $300 

$250,001 or more  $400 

1 Probate fees in Manitoba will be eliminated effective July 1, 2020. For a probate application made on or after July 1, 2005 and before July 1, 2020, the probate fees outlined here will still apply. 

Notes: 

Some provinces may also charge filing fees and other administrative costs. Provincial legislation must be reviewed to understand all applicable fees and costs. 

The value of estates is calculated according to the rules of each province, which may or may not allow deductions for such things as specific debts or property (real or personal) located outside the province. 

Fees may be payable in more than one province. 

As of October 2019, subject to change where amendments to provincial legislation and regulations occur.


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Key Corporate Income Tax Rates (combined Federal & Provincial) 

For December 31 year end (12 month taxation year) 

2020 rates 

 

 
Jurisdiction General  CCPC 
Non-M&P investment (%)  M&P (%)  Active business income  Investment income (%) 
Up to $500k federal threshold(%) 
Federal only 15.00  15.00  9.00  38.67 
British Columbia2  27.00  27.00  11.00  50.67 
Alberta3  24.00  24.00  11.00  47.67 
Saskatchewan4  27.00  25.00  11.00  50.67 
Manitoba 27.00  27.00  9.00  50.67 
Ontario6  26.50  25.00  12.20  50.17 
Quebec 26.50  26.50  14.00  50.17 
New Brunswick8  29.00  29.00  11.50  52.67 
Nova Scotia9  29.50  29.50  11.63  53.17 
Prince Edward Island10  31.00  31.00  12.00  54.67 
Newfoundland & Labrador11  30.00  30.00  12.00  53.67 
Yukon12  27.00  17.50  11.00  50.67 
Northwest Territories  26.50  26.50  13.00  50.17 
Nunavut13  27.00  27.00  12.00  50.67 


2021 Rates

 

Jurisdiction General  CCPC 
Non-M&P investment (%)  M&P (%)  Active business income  Investment income (%) 
Up to $500k federal threshold1 (%) 
Federal only1  15.00  15.00  9.00  38.67 
British Columbia2  27.00  27.00  11.00  50.67 
Alberta3  23.00  23.00  11.00  46.67 
Saskatchewan4  27.00  25.00  11.00  50.67 
Manitoba5  27.00  27.00  9.00  50.67 
Ontario6  26.50  25.00  12.20  50.17 
Quebec7  26.50  26.50  13.00  50.17 
New Brunswick8  29.00  29.00  11.50  52.67 
Nova Scotia9  29.00  29.00  11.50  52.67 
Prince Edward Island10  31.00  31.00  12.00  54.67 
Newfoundland & Labrador11  30.00  30.00  11.00  53.67 
Yukon12  27.00  17.50  9.00  50.67 
Northwest Territories  26.50  26.50  13.00  50.17 
Nunavut13  27.00  27.00  12.00  50.67 

M&P: Manufacturing or processing income, CCPC: Canadian Controlled Private Corporation This table is prepared from publicly available information announced as of July 2020. All changes must be pro-rated for the number of days in the taxation year. The rates may not be applicable to income earned by credit unions, mutual fund corporations, mortgage investment corporations, most deposit insurance corporations and investment corporations as the income qualifies for special tax treatment. Some of the provinces also levy a capital tax which has not been addressed in this table.
Federal: The small business income tax rate was reduced to 9% (from 10%) effective January 2019.
2 BC: The 2017 budget announced that the small business rate will be reduced to 2% from 2.5%, effective April 1, 2017. Effective January 1, 2018, the general corporate rate increased to 12% from 11%.
3 Alberta: Effective July 1, 2020, the corporate tax rate was reduced to 8% (from 10%) which was 1.5 years ahead a schedule.
4 Saskatchewan: Effective January 1, 2018 the general corporate tax rate increased to 12% (from 11.5%) and the small business limit threshold increased to $600,000 (from $500,000).
5. Manitoba announced that effective January 1, 2019 the small business limit threshold will increase to $500,000 (from $450,000).
6. Ontario: Effective January 1, 2020 the small business rate will decrease from 3.5% to 3.2%.
7 Quebec’s 2015 budget proposed to gradually reduce the general, investment and M&P rates from 11.9% to 11.5% beginning in 2017 and effective January 1 of each year. The 2018 budget announced that the small business tax rate will reduce to 7% (from 8%) effective March 28, 2018 and an additional reduction each year until reaching 4% in 2021.
8 New Brunswick: Effective April 1, 2017 the tax rate decreased to 3% (from 3.5%). The small business tax rate was further reduced to 2.5% effective April 1, 2018.
9. Nova Scotia: The general corporate tax rate reduced to 14% (from 16%) effective April 1, 2020. The small business rate was also reduced from 3% to 2.5% effective April 1, 2020.
10. Prince Edward Island: Effective January 1, 2020 the small business rate was reduced to 3% (from 3.5%), and further reduced to 2% effective January 1, 2021.
11. Newfoundland and Labrador: The 2016 budget increased the general income tax to 15% (from 14%) and eliminated the provincial M&P profits tax credit retroactive to January 1, 2016.
12. Yukon: Effective July 1, 2021 the small business rate will be reduced from 2% to 0%.
13. Nunavut: reduced the small business rate from 4% to 3% effective July 1, 2019.