Tax brackets

New Brunswick flagNew Brunswick 2024 tax brackets

Federal and provincial tables for employment income. Each bracket applies only to income inside its range.

Federal: 5 brackets, top rate 33.0% above $246,752.
New Brunswick: 4 brackets, top rate 19.5% above $185,064.
Marginal vs. average
A marginal rate applies only to income within a bracket, not your total income.
2024 brackets

Combined marginal rate

Marginal rates apply to income inside each range.

Last verified: 2025-12-20
Bracket rangeRate
$0 to $49,95824.4%
$49,958 to $55,86729.0%
$55,867 to $99,91634.5%
$99,916 to $111,73336.5%
$111,733 to $173,20542.0%
$173,205 to $185,06445.0%
$185,064 to $246,75248.5%
Over $246,75252.5%
Upper bounds reflect the start of the next bracket. The last bracket applies above the final threshold.
Notes: BPA reflects the maximum 'enhanced' amount
2024 brackets

New Brunswick flagNew Brunswick income tax

Marginal rates apply to income inside each range.

Last verified: 2025-12-15
Bracket rangeRate
$0 to $49,9589.4%
$49,958 to $99,91614.0%
$99,916 to $185,06416.0%
Over $185,06419.5%
Upper bounds reflect the start of the next bracket. The last bracket applies above the final threshold.
2024 brackets

Canada flagFederal income tax

Marginal rates apply to income inside each range.

Last verified: 2025-12-20
Bracket rangeRate
$0 to $55,86715.0%
$55,867 to $111,73320.5%
$111,733 to $173,20526.0%
$173,205 to $246,75229.0%
Over $246,75233.0%
Upper bounds reflect the start of the next bracket. The last bracket applies above the final threshold.
Notes: BPA reflects the maximum 'enhanced' amount
More regions in 2024
NetPayView — 2024 New Brunswick tax brackets