2023 New Brunswick tax calculator
Adjust income, RRSP, and FHSA to see how deductions change taxable income and net pay.
Explore bracket-level tax, payroll, and credit adjustments in one view.
Region summary
- Bracket count
- 4
- Rate range
- 9.4%-19.5%
- Basic personal amount
- $12,458
At $80,000 employment income (no deductions), estimated total tax is $22,377.
Take-home pay is $57,623 (avg rate 27.97%).
At the same income in 2022, take-home pay is $57,049.
The same income brings 0.7% · +$575 more this year.
Changes from 2022
In 2023, New Brunswick updates include introduced FHSA annual max at $8,000; Bracket thresholds (up 11.2%). Federal Bracket thresholds (up 6.3%).
FHSA annual max
$8,000
NEW
RRSP limit
$30,780
▲5.4%
+$1,570
Bracket Thresholds
3 brackets
▲11.2%
bracket count
5→4
Bracket 1 rate
9.68%→9.4%
▼2.9%
−0.3 pp
Bracket 2 rate
14.82%→14.0%
▼5.5%
−0.8 pp
Bracket 3 rate
16.52%→16.0%
▼3.1%
−0.5 pp
Bracket 4 rate
17.84%→19.5%
▲9.3%
+1.7 pp
basic personal amount
$12,458
▲6.3%
+$738
Full history in the bracket change log.
Tax year2023
Income$80,000
