New Brunswick Income Tax Calculator 2024
Calculate your exact take-home pay after federal and New Brunswick provincial tax, CPP contributions, and EI premiums for the 2024 tax year.
| Gross income | $85,000 |
| Federal income tax | โ$11,133 |
| New Brunswick provincial tax | โ$7,961 |
| CPP contributions | โ$3,868 |
| EI premiums | โ$1,049 |
| Take-home pay | $60,990 |
New Brunswick Tax Facts
- โNew Brunswick's basic personal amount for 2024 is $12,458.
- โNew Brunswick is one of Canada's officially bilingual provinces.
- โThe province's top marginal rate of 19.5% applies to income over $176,756.
- โNew Brunswick's economy is driven by forestry, mining, and a growing tech sector.
New Brunswick Income Tax FAQ
What is the New Brunswick provincial tax rate for 2024?
New Brunswick's provincial tax starts at 9.4% on income above the basic personal amount of $12,458. The top rate is 19.50%. These rates are applied on top of federal income tax.
How much income tax will I pay in New Brunswick?
Your total tax in New Brunswick combines federal tax (15%โ33%) and New Brunswick provincial tax (9.4%โ19.5%), plus CPP (5.95%) and EI (1.66%) contributions. Use the calculator above for your exact take-home pay.
What is the basic personal amount in New Brunswick for 2024?
The New Brunswick basic personal amount for 2024 is $12,458. This means the first $12,458 of income is effectively tax-free at the provincial level. The federal basic personal amount is $15,705.
How do I calculate my take-home pay in New Brunswick?
To calculate take-home pay in New Brunswick: start with your gross income, subtract federal income tax, subtract New Brunswick provincial tax, subtract CPP contributions (5.95% up to $68,500), and subtract EI premiums (1.66% up to $63,200). The calculator above does all of this automatically.