Income Tax Calculator for Individuals — 2018

View this page in: Français
Shows combined federal and provincial (or territorial) income tax and rates (current to June 1, 2018).
Taxable income   
Marginal tax rates2
         Income tax as
% of taxable
income
Ordinary
income and
interest
  Canadian dividends3
  Income tax1 After-tax
income
Capital
gains
Eligible Non-eligible
Alberta
British Columbia
Manitoba
New Brunswick
Newfoundland and Labrador
Northwest Territories
Nova Scotia
Nunavut
Ontario
Prince Edward Island
Quebec
Saskatchewan
Yukon

1. Income tax
The amounts assume that all income is interest, ordinary income (such as salary) and/or taxable capital gains, and only the basic personal tax credit is claimed. The amounts do not take into account: (i) the low-income tax reductions in British Columbia, New Brunswick, Newfoundland and Labrador, Nova Scotia, Ontario and Prince Edward Island or the Manitoba Family Tax Benefit (for low-income taxpayers); (ii) for Nova Scotia, an enhanced basic personal tax credit, which can reduce income taxes by up to $264 when taxable income is under $75,000, starting 2018; and (iii) for Ontario, the simplified personal tax system proposed in Ontario’s March 28, 2018 budget because implementation is uncertain, pending the June 7, 2018 Ontario election. The results will differ if the taxpayer is entitled to claim other non-refundable tax credits or if taxable income includes eligible or non-eligible dividends. Certain types of income and deductions may make alternative minimum tax (AMT) apply, in addition to income tax.

2. Marginal tax rates
The marginal tax rates show the percentage of tax that would be paid on additional income. The rates do not reflect the simplified personal tax system proposed in Ontario’s March 28, 2018 budget because implementation is uncertain, pending the June 7, 2018 Ontario election.

3. Canadian dividends

  • The dividend rates apply to the actual amount of taxable dividends received from taxable Canadian corporations.
  • A negative dividend rate indicates a refund of tax paid on other income. The dividend rate will be higher if the taxpayer has no other income.
  • If the taxpayer has no other income, a positive eligible dividend rate will be higher in British Columbia (when taxable income ≤ $79,353), in Manitoba and Newfoundland and Labrador (when taxable income > $11,809 and ≤ $46,605), in Northwest Territories (when taxable income ≤ $84,420), in Ontario (when taxable income ≤ $75,653), in New Brunswick, Nova Scotia, Nunavut, Prince Edward Island, Quebec and Saskatchewan (when taxable income ≤ $46,605), and in Yukon (when taxable income ≤ $144,489).
  • If the taxpayer has no other income, a positive non-eligible dividend rate will be higher in Northwest Territories (when taxable income > $14,492 and ≤ $42,209).
  • For Quebec, the dividend rates shown apply to dividends received after March 27, 2018. For dividends received before March 28, 2018, these rates are lower by: (i) for eligible dividends, 0.055 percentage points; and (ii) for non-eligible dividends, 0.893 percentage points.
This personal tax calculator does not constitute legal, accounting or other professional advice. It is intended only as a general guide and is neither a definitive analysis of the law nor a substitute for professional advice. Readers should discuss with professional advisers how the information may apply to their specific situations. Unless prior written permission is granted by PricewaterhouseCoopers LLP, an Ontario limited liability partnership, this tax calculator may be displayed or printed only if for personal non-commercial use and unchanged (with all copyright and other proprietary notices retained). Unauthorized reproduction is expressly prohibited.