2024 Prince Edward Island 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
- 5
- Rate range
- 9.65%-18.75%
- Basic personal amount
- $13,500
At $80,000 employment income (no deductions), estimated total tax is $23,273.
Take-home pay is $56,727 (avg rate 29.09%).
At the same income in 2023, take-home pay is $56,441.
The same income brings 0.4% · +$285 more this year.
Changes from 2023
In 2024, Prince Edward Island updates include removed surtax; introduced Bracket 4 added at 18.0%. Bracket thresholds (up 4.7%).
RRSP limit
$31,560
▲2.5%
+$780
Bracket Thresholds
2 brackets
▲1.3%
bracket count
3→5
Bracket 1 rate
9.8%→9.65%
▼1.5%
−0.2 pp
Bracket 2 rate
13.8%→13.63%
▼1.2%
−0.2 pp
Bracket 3 rate
16.7%→16.65%
▼0.3%
−0.05 pp
Bracket 4 added
18.0%
NEW
Bracket 5 added
18.75%
NEW
surtax
Removed
REMOVED
basic personal amount
$13,500
▲12.5%
+$1,500
Full history in the bracket change log.
Tax year2024
Income$80,000
