2023 Newfoundland & Labrador 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
- 8
- Rate range
- 8.7%-21.8%
- Basic personal amount
- $10,382
At $80,000 employment income (no deductions), estimated total tax is $22,861.
Take-home pay is $57,139 (avg rate 28.58%).
At the same income in 2022, take-home pay is $56,931.
The same income brings 0.3% · +$208 more this year.
Changes from 2022
In 2023, Newfoundland & Labrador updates include introduced Bracket 6 added at 20.8%; Bracket thresholds (up 5.9%). Federal Bracket thresholds (up 6.3%).
FHSA annual max
$8,000
NEW
RRSP limit
$30,780
▲5.4%
+$1,570
Bracket Thresholds
4 brackets
▲5.9%
bracket count
5→8
Bracket 4 rate
17.3%→17.8%
▲2.9%
+0.5 pp
Bracket 5 rate
18.3%→19.8%
▲8.2%
+1.5 pp
Bracket 6 added
20.8%
NEW
Bracket 7 added
21.3%
NEW
Bracket 8 added
21.8%
NEW
basic personal amount
$10,382
▲5.9%
+$579
Full history in the bracket change log.
Tax year2023
Income$80,000
