Table 1 – Newfoundland and Labrador (2016)

Taxable
income
Total
tax payable
Effective
 rate
Marginal
rate
$ %
20,000 1,650 8.25 23.20
30,000
40,000
4,517
7,094
15.06
17.73
26.06
31.09
50,000
60,000
10,204
13,604
20.41
22.67
34.00
34.00
70,000
80,000
17,004
20,505
24.29
25.63
34.92
35.02
90,000
100,000
24,010
28,034
26.68
28.03
40.24
40.55
110,000
120,000
32,089
36,144
29.17
30.12
40.55
41.11
130,000
140,000
150,000
160,000
40,256
44,436
48,904
53,384
30.97
31.74
32.60
33.36
41.80
44.69
44.80
44.80
170,000
180,000
190,000
200,000
57,864
62,387
66,967
71,547
34.04
34.66
35.25
35.77
45.23
45.80
45.80
49.80
250,000
300,000
350,000
400,000
96,447
121,347
146,247
171,147
38.58
40.45
41.78
42.79
49.80
49.80
49.80
49.80
450,000
500,000
550,000
600,000
196,047
220,947
245,847
270,747
43.57
44.19
44.70
45.12
49.80
49.80
49.80
49.80

Marginal rate applies on each dollar of additional income within the range.

Total tax payable and marginal rates are combined federal and NFLD amounts/rates.

Federal
Basic personal credit of $1,721 applies.

Newfoundland and Labrador
Basic personal credit of $722 applies.

Does not include the Newfoundland and Labrador Deficit Reduction Levy, which was introduced effective July 1, 2016.