2024 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
- $10,818
At $80,000 employment income (no deductions), estimated total tax is $22,710.
Take-home pay is $57,290 (avg rate 28.39%).
At the same income in 2023, take-home pay is $57,139.
The same income brings 0.2% · +$150 more this year.
Changes from 2023
In 2024, Newfoundland & Labrador updates include introduced CPP2 max earnings at $73,200; Bracket thresholds (up 4.2%). Federal Bracket thresholds (up 4.7%).
RRSP limit
$31,560
▲2.5%
+$780
Bracket Thresholds
7 brackets
▲4.2%
basic personal amount
$10,818
▲4.2%
+$436
Full history in the bracket change log.
Tax year2024
Income$80,000
