2016 Tax Tables: New Brunswick
The New Brunswick tax tables below cover the 2016 tax return year. All of the below tax amounts (tax credits and tax deductions) have been built into the Canadian Tax Return Calculator to allow you to calculate your tax return online. The Canadian Tax Return Calculator is free to use and provided as is. We welcome feedback and feature requests and do all we can to make the tax return calculator 100% accurate. If you spot an error in the New Brunswick tax tables, please let us know.
Tax Tables [ Non Refundable Tax Credit Rates and Amounts for 2016 ] | |
|---|
| Tax rate applied to credits | 9.68% |
| Indexation factor3 | 1.30% |
| Basic personal | $ 9,758.00 |
| Spousal/partner and wholly dependant person 4,5,13 | $ 8,286.00 |
| Spousal/partner and wholly dependant person 4,5,13 Net income threshold | $ 829.00 |
| Infirm Dependants | $ 4,608.00 |
| Net threshold: infirm Dependants | $ 6,539.00 |
| Child7: (max) | na |
| Adoption8 | na |
| Disability9 | $ 7,900.00 |
| Disability supplement10 | $ 4,608.00 |
| Pension9 (max) | $ 1,000.00 |
| Age 65 and over9,11 | $ 4,765.00 |
| Base amount: Age 65 and over9,11 Net income threshold | $ 35,471.00 |
| Medical expense threshold12 | $ 2,207.00 |
| Caregiver13 | $ 4,609.00 |
| Caregiver13 Net income threshold | $ 15,738.00 |
| Employment14 | na |
| Canada Pension Plan15 (max) | $ 2,544.00 |
| Employment Insurance15 (max) | $ 955.00 |
| Public transit pass costs16 | na |
| Children's fitness17 (max) and arts18 | na |
| Home buyers19 (max) | na |
| Tuition fees and interest paid on student loans | na |
| Education and textbook20 Full time-per month | $ 400.00 |
| Education and textbook20 Part time-per month | $ 120.00 |
| Charitable donations initial Credit rate | 9.68% |
| Charitable donations Credit rate on balance | 17.95% |
| Charitable donations Credit rate on balance for Earner over 200k from 2016 onwards | 33% |
| Combined Top Marginal Tax Rates For Individuals - Interest and Regular Income | 54% |
| Combined Top Marginal Tax Rates For Individuals - Capital Gains | 27% |
| Combined Top Marginal Tax Rates For Individuals - Eligible Dividends | 37.23% |
| Combined Top Marginal Tax Rates For Individuals - Non-eligible Dividends | 46.19% |