2024 New Brunswick Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$40,800.00
Salary
$40,800.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$8,392.02
Federal Tax
$3,158.61
Provincial Tax
$2,336.78
CPP Contributions
$2,219.35
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$677.28
Net Pay
$32,407.98
Marginal Tax Rate
22.65%
Average Tax Rate
13.47%
Comprehensive Deduction Rate
20.57%
Monthly Salary
Total Income
$3,400.00
Salary
$3,400.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$699.34
Federal Tax
$263.22
Provincial Tax
$194.73
CPP Contributions
$184.95
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$56.44
Net Pay
$2,700.67
Marginal Tax Rate
22.65%
Average Tax Rate
13.47%
Comprehensive Deduction Rate
20.57%
Biweekly Salary
Total Income
$1,569.23
Salary
$1,569.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$322.77
Federal Tax
$121.49
Provincial Tax
$89.88
CPP Contributions
$85.36
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$26.05
Net Pay
$1,246.46
Marginal Tax Rate
22.65%
Average Tax Rate
13.47%
Comprehensive Deduction Rate
20.57%
Weekly Salary
Total Income
$784.62
Salary
$784.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$161.39
Federal Tax
$60.74
Provincial Tax
$44.94
CPP Contributions
$42.68
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$13.02
Net Pay
$623.23
Marginal Tax Rate
22.65%
Average Tax Rate
13.47%
Comprehensive Deduction Rate
20.57%
Daily Salary
Total Income
$156.92
Salary
$156.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$32.28
Federal Tax
$12.15
Provincial Tax
$8.99
CPP Contributions
$8.54
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$2.60
Net Pay
$124.65
Marginal Tax Rate
22.65%
Average Tax Rate
13.47%
Comprehensive Deduction Rate
20.57%
Hourly Salary
Total Income
$20.92
Salary
$20.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$4.30
Federal Tax
$1.62
Provincial Tax
$1.20
CPP Contributions
$1.14
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.35
Net Pay
$16.62
Marginal Tax Rate
22.65%
Average Tax Rate
13.47%
Comprehensive Deduction Rate
20.57%
Federal and Provincial/Territorial Tax Brackets
Your taxable income in the following tax brackets.
| Federal Tax Bracket | Federal Tax Rates |
|---|---|
| $55,867.00 or less | 15% |
| $55,867.00 - $111,732.99 | 20.5% |
| $111,733.00 - $173,204.99 | 26% |
| $173,205.00 - $246,751.99 | 29% |
| More than $246,752.00 | 33% |
| New Brunswick Tax Bracket | New Brunswick Tax Rates |
|---|---|
| $49,958.00 or less | 9.4% |
| $49,958.00 - $99,915.99 | 14% |
| $99,916.00 - $185,063.99 | 16% |
| More than $185,064.00 | 19.5% |
Annual Income Tax by Province/Territory
Total Income
$40,800.00
Total Deductions
$6,820.69
Net Pay
$33,979.31
Average Tax Rate
9.62%
Comprehensive Deduction Rate
16.72%
Total Income
$40,800.00
Total Deductions
$7,266.53
Net Pay
$33,533.47
Average Tax Rate
10.71%
Comprehensive Deduction Rate
17.81%
Total Income
$40,800.00
Total Deductions
$7,336.60
Net Pay
$33,463.40
Average Tax Rate
10.88%
Comprehensive Deduction Rate
17.98%
Total Income
$40,800.00
Total Deductions
$7,384.23
Net Pay
$33,415.77
Average Tax Rate
11%
Comprehensive Deduction Rate
18.1%
Total Income
$40,800.00
Total Deductions
$7,657.08
Net Pay
$33,142.92
Average Tax Rate
11.67%
Comprehensive Deduction Rate
18.77%
Total Income
$40,800.00
Total Deductions
$7,793.21
Net Pay
$33,006.79
Average Tax Rate
12%
Comprehensive Deduction Rate
19.1%
Total Income
$40,800.00
Total Deductions
$8,093.53
Net Pay
$32,706.47
Average Tax Rate
12.74%
Comprehensive Deduction Rate
19.84%
Total Income
$40,800.00
Total Deductions
$8,392.02
Net Pay
$32,407.98
Average Tax Rate
13.47%
Comprehensive Deduction Rate
20.57%
Total Income
$40,800.00
Total Deductions
$8,411.66
Net Pay
$32,388.34
Average Tax Rate
13.52%
Comprehensive Deduction Rate
20.62%
Total Income
$40,800.00
Total Deductions
$8,444.56
Net Pay
$32,355.44
Average Tax Rate
13.6%
Comprehensive Deduction Rate
20.7%
Total Income
$40,800.00
Total Deductions
$8,547.79
Net Pay
$32,252.21
Average Tax Rate
13.29%
Comprehensive Deduction Rate
20.95%
Total Income
$40,800.00
Total Deductions
$8,709.41
Net Pay
$32,090.59
Average Tax Rate
14.25%
Comprehensive Deduction Rate
21.35%
Total Income
$40,800.00
Total Deductions
$9,151.38
Net Pay
$31,648.62
Average Tax Rate
15.33%
Comprehensive Deduction Rate
22.43%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $40,800.00 | $6,820.69 | $33,979.31 | 9.62% | 16.72% |
| Northwest Territories | $40,800.00 | $7,266.53 | $33,533.47 | 10.71% | 17.81% |
| British Columbia | $40,800.00 | $7,336.60 | $33,463.40 | 10.88% | 17.98% |
| Yukon | $40,800.00 | $7,384.23 | $33,415.77 | 11% | 18.1% |
| Alberta | $40,800.00 | $7,657.08 | $33,142.92 | 11.67% | 18.77% |
| Ontario | $40,800.00 | $7,793.21 | $33,006.79 | 12% | 19.1% |
| Saskatchewan | $40,800.00 | $8,093.53 | $32,706.47 | 12.74% | 19.84% |
| New Brunswick | $40,800.00 | $8,392.02 | $32,407.98 | 13.47% | 20.57% |
| Newfoundland and Labrador | $40,800.00 | $8,411.66 | $32,388.34 | 13.52% | 20.62% |
| Manitoba | $40,800.00 | $8,444.56 | $32,355.44 | 13.6% | 20.7% |
| Quebec | $40,800.00 | $8,547.79 | $32,252.21 | 13.29% | 20.95% |
| Prince Edward Island | $40,800.00 | $8,709.41 | $32,090.59 | 14.25% | 21.35% |
| Nova Scotia | $40,800.00 | $9,151.38 | $31,648.62 | 15.33% | 22.43% |
This tool was designed for approximation purposes only and should not be used to replace legal or accounting authority. For the purpose of simplifying the process, a number of variables have been assumed to calculate the figures included on this page. The results of this calculator should not be relied upon for determining career and/or tax decisions.
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