Provincial/Territorial tax rates for 2008
Under the current tax on income method, tax for all provinces (except Quebec) and territories is calculated the same way as federal tax.
Form 428 is used to calculate this provincial or territorial tax. Provincial or territorial specific non-refundable tax credits are also calculated on Form 428.
For complete details, see the Provincial or Territorial information and forms in your 2008 tax package.
Provinces / Territories | Rate(s) |
---|---|
Newfoundland and Labrador | 8.2% on the first $30,215 of taxable income, + 13.3% on the next $30,214, + 16% on the amount over $60,429 |
Prince Edward Island | 9.8% on the first $31,984 of taxable income, + 13.8% on the next $31,985, + 16.7% on the amount over $63,969 |
Nova Scotia | 8.79% on the first $29,590 of taxable income, + 14.95% on the next $29,590, + 16.67% on the next $33,820 + 17.5% on the amount over $93,000 |
New Brunswick | 10.12% on the first $34,836 of taxable income, + 15.48% on the next $34,837, + 16.8% on the next $43,600, + 17.95% on the amount over $113,273 |
Ontario | 6.05% on the first $36,020 of taxable income, + 9.15% on the next $36,021, + 11.16% on the amount over $72,041 |
Manitoba | 10.9% on the first $30,544 of taxable income, + 12.75% on the next $35,456, + 17.4% on the amount over $66,000 |
Saskatchewan | 11% on the first $39,135 of taxable income, + 13% on the next $72,679, + 15% on the amount over $111,814 |
Alberta | 10% of taxable income |
British Columbia | 5.06% on the first $35,016 of taxable income, + 7.7% on the next $35,017, + 10.5% on the next $10,373, + 12.29% on the next $17,230, + 14.7% on the amount over $97,636 |
Yukon | 7.04% on the first $37,885 of taxable income, + 9.68% on the next $37,884, + 11.44% on the next $47,415, + 12.76% on the amount over $123,184 |
Northwest Territories | 5.9% on the first $35,986 of taxable income, + 8.6% on the next $35,987, + 12.2% on the next $45,038, + 14.05% on the amount over $117,011 |
Nunavut | 4% on the first $37,885 of taxable income, + 7% on the next $37,884, + 9% on the next $47,415, + 11.5% on the amount over $123,184 |
Source: Canada Revenue Agency