Personal Tax Brackets
2020 Tax Year
This guide will help you determine what marginal tax bracket you fall in. This can be a useful guide when performing yearly investment and tax planning. The tables below include both federal and provincial/territory marginal tax rates.
Federal Tax Rates For 2020
Federal Basic Personal Amount
$13,229
15% up to $48,535
20.5% over $48,535 up to $97,069
26% over $97,069 up to $150,473
29% over $150,473 up to $214,368
33% all income over $214,368
Provincial and Territory Tax Rates For 2020
Alberta | British Columbia | Manitoba | New Brunswick | Newfoundland & Labrador | Nova Scotia | Ontario | Prince Edward Island | Quebec | Saskatchewan | Northwest Territories | Nunavut | Yukon
Alberta
10% up to $131,220
12% over $131,220 up to $157,464
13% over $157,464 up to $209,952
14% over $209,952 up to $314,928
15% all income over $314,928
Alberta Basic Personal Amount
$19,369
Combined Top Tax Bracket
48%
British Columbia
5.06% up to $41,725
7.7% over $41,725 up to $83,451
10.5% over $83,451 up to $95,812
12.29% over $95,812 up to $116,344
14.7% over $116,344 up to $157,748
16.8% all income over $157,748
British Columbia Basic Personal Amount
$10,949
Combined Top Tax Bracket
49.8%
Manitoba
10.8% up to $33,389
12.75% over $33,389 up to $72,164
17.4% all income over $72,164
Manitoba Basic Personal Amount
$9,838
Combined Top Tax Bracket
50.4%
New Brunswick
9.68% up to $43,401
14.82% over $43,401 up to $86,803
16.52% over $86,803 up to $141,122
17.84% over $141,122 up to $160,776
20.3% all income over $160,776
New Brunswick Basic Personal Amount
$10,459
Combined Top Tax Bracket
53.3%
Newfoundland & Labrador
8.7% up to $37,929
14.5% over $37,929 up to $75,858
15.8% over $75,858 up to $135,432
17.3% over $135,432 up to $189,604
18.3% all income over $189,604
Newfoundland Basic Personal Amount
$9,498
Combined Top Tax Bracket
51.3%
Nova Scotia
8.79% up to $29,590
14.95% over $29,590 up to $59,180
16.67% over $59,180 up to $93,000
17.5% over $93,000 up to $150,000
21% all income over $150,000
Nova Scotia Basic Personal Amount
$8,841
Combined Top Tax Bracket
54%
Ontario
5.05% up to $44,740
9.15% over $44,740 up to $89,482
11.16% over $89,482 up to $150,000
12.16% over $150,000 up to $220,000
13.16% all income over $220,000
Ontario Basic Personal Amount
$10,783
Combined Top Tax Bracket
54%
Prince Edward Island
9.8% up to $31,984
13.8% over $31,984 up to $63,969
16.7% all income over $63,969
PEI Basic Personal Amount
$10,000
Combined Top Tax Bracket
50.4%
Quebec
15% up to $44,545
20% over $44,545 up to $89,080
24% over $89,080 up to $108,390
25.75% all income over $108,390
Quebec Basic Personal Amount
$15,532
Combined Top Tax Bracket
53.31%*
*Quebec’s federal taxes are reduced by a 16.5% abatement.
Saskatchewan
10.5% up to $45,225
12.5% over $45,225 up to $129,214
14.5% all income over $129,214
Saskatchewan Basic Personal Amount
$16,065
Combined Top Tax Bracket
47.5%
Northwest Territories
5.9% up to $43,957
8.6% over $43,957 up to $87,916
12.2% over $87,916 up to $142,932
14.05% all income over $142,932
Northwest Territory Basic Personal Amount
$15,093
Combined Top Tax Bracket
47.05%
Nunavut
4% up to $46,277
7% over $46,277 up to $92,555
9% over $92,555 up to $150,473
11.5% all income over $150,473
Nunavut Basic Personal Amount
$16,304
Combined Top Tax Bracket
44.5%
Yukon
6.4% up to $48,535
9% over $48,535 up to $97,069
10.9% over $97,069 up to $150,473
12.8% over $150,473 up to $500,000
15% all income over $500,000
Yukon Basic Personal Amount
$12,298
Combined Top Tax Bracket
48%
For further details please visit:
Government of Canada: Canadian income tax rates for individuals
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