/ 3
Federal and Provincial/Territorial Income Tax Rates and Brackets for 2014 and 2015
Tax
Rates
Tax
Brackets
Surtax
Rates
Thresholds
New Brunswick
4
9.68%
14.82
16.52
17.84
Up to $39,305
39,306–78,609
78,610–127,802
127,803 and over
Nova Scotia
5
8.79%
14.95
16.67
17.50
21.00
Up to $29,590
29,591–59,180
59,181–93,000
93,001–150,000
150,001 and over
Prince Edward Island
5
9.80%
13.80
16.70
Up to $31,984
31,985–63,969
63,970 and over
10%
$12,500
Newfoundland and
Labrador
9
7.70%
12.50
13.30
Up to $34,254
34,255–68,508
68,509 and over
Yukon
4
7.04%
9.68
11.44
12.76
Up to $43,953
43,954–87,907
87,908–136,270
136,271 and over
5%
$6,000
Northwest Territories
4
5.90%
8.60
12.20
14.05
Up to $39,808
39,809–79,618
79,619–129,441
129,442 and over
Nunavut
4
4.00%
7.00
9.00
11.50
Up to $41,909
41,910–83,818
83,819–136,270
136,271 and over
© 2014 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms
affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
Current as of December 31, 2014