๐Ÿ Nova Scotia ยท Income Tax

Nova Scotia Income Tax Calculator 2024

Calculate your exact take-home pay after federal and Nova Scotia provincial tax, CPP contributions, and EI premiums for the 2024 tax year.

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Annual income in Nova Scotia
$
$0$500k
Take-home (annual)
$59,036
Monthly take-home
$4,920
Effective tax rate
30.5%
Marginal rate
37.2%
Gross income$85,000
Federal income taxโ€“$11,133
Nova Scotia provincial taxโ€“$9,915
CPP contributionsโ€“$3,868
EI premiumsโ€“$1,049
Take-home pay$59,036
Monthly
$4,920
Bi-weekly
$2,271
Weekly
$1,135
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Nova Scotia Tax Facts

Note: Nova Scotia has the lowest basic personal amount in Canada at $8,481, and a top rate of 21%.

Nova Scotia Income Tax FAQ

What is the Nova Scotia provincial tax rate for 2024?

Nova Scotia's provincial tax starts at 8.8% on income above the basic personal amount of $8,481. The top rate is 21.00%. These rates are applied on top of federal income tax.

How much income tax will I pay in Nova Scotia?

Your total tax in Nova Scotia combines federal tax (15%โ€“33%) and Nova Scotia provincial tax (8.8%โ€“21.0%), 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 Nova Scotia for 2024?

The Nova Scotia basic personal amount for 2024 is $8,481. This means the first $8,481 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 Nova Scotia?

To calculate take-home pay in Nova Scotia: start with your gross income, subtract federal income tax, subtract Nova Scotia 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.

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