2024 Nova Scotia Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$40,000.00
Salary
$40,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$8,860.22
Federal Tax
$3,046.80
Provincial Tax
$2,977.67
CPP Contributions
$2,171.75
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$664.00
Net Pay
$31,139.78
Marginal Tax Rate
28.79%
Average Tax Rate
15.06%
Comprehensive Deduction Rate
22.15%
Monthly Salary
Total Income
$3,333.33
Salary
$3,333.33
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$738.35
Federal Tax
$253.90
Provincial Tax
$248.14
CPP Contributions
$180.98
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$55.33
Net Pay
$2,594.98
Marginal Tax Rate
28.79%
Average Tax Rate
15.06%
Comprehensive Deduction Rate
22.15%
Biweekly Salary
Total Income
$1,538.46
Salary
$1,538.46
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$340.78
Federal Tax
$117.18
Provincial Tax
$114.53
CPP Contributions
$83.53
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$25.54
Net Pay
$1,197.68
Marginal Tax Rate
28.79%
Average Tax Rate
15.06%
Comprehensive Deduction Rate
22.15%
Weekly Salary
Total Income
$769.23
Salary
$769.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$170.39
Federal Tax
$58.59
Provincial Tax
$57.26
CPP Contributions
$41.76
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$12.77
Net Pay
$598.84
Marginal Tax Rate
28.79%
Average Tax Rate
15.06%
Comprehensive Deduction Rate
22.15%
Daily Salary
Total Income
$153.85
Salary
$153.85
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$34.08
Federal Tax
$11.72
Provincial Tax
$11.45
CPP Contributions
$8.35
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$2.55
Net Pay
$119.77
Marginal Tax Rate
28.79%
Average Tax Rate
15.06%
Comprehensive Deduction Rate
22.15%
Hourly Salary
Total Income
$20.51
Salary
$20.51
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$4.54
Federal Tax
$1.56
Provincial Tax
$1.53
CPP Contributions
$1.11
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.34
Net Pay
$15.97
Marginal Tax Rate
28.79%
Average Tax Rate
15.06%
Comprehensive Deduction Rate
22.15%
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% |
| Nova Scotia Tax Bracket | Nova Scotia Tax Rates |
|---|---|
| $29,590.00 or less | 8.79% |
| $29,590.00 - $59,179.99 | 14.95% |
| $59,180.00 - $92,999.99 | 16.67% |
| $93,000.00 - $149,999.99 | 17.5% |
| More than $150,000.00 | 21% |
Annual Income Tax by Province/Territory
Total Income
$40,000.00
Total Deductions
$6,618.44
Net Pay
$33,381.56
Average Tax Rate
9.46%
Comprehensive Deduction Rate
16.55%
Total Income
$40,000.00
Total Deductions
$7,050.23
Net Pay
$32,949.77
Average Tax Rate
10.54%
Comprehensive Deduction Rate
17.63%
Total Income
$40,000.00
Total Deductions
$7,126.51
Net Pay
$32,873.49
Average Tax Rate
10.73%
Comprehensive Deduction Rate
17.82%
Total Income
$40,000.00
Total Deductions
$7,164.23
Net Pay
$32,835.77
Average Tax Rate
10.82%
Comprehensive Deduction Rate
17.91%
Total Income
$40,000.00
Total Deductions
$7,410.47
Net Pay
$32,589.53
Average Tax Rate
11.44%
Comprehensive Deduction Rate
18.53%
Total Income
$40,000.00
Total Deductions
$7,583.19
Net Pay
$32,416.81
Average Tax Rate
11.87%
Comprehensive Deduction Rate
18.96%
Total Income
$40,000.00
Total Deductions
$7,843.24
Net Pay
$32,156.76
Average Tax Rate
12.52%
Comprehensive Deduction Rate
19.61%
Total Income
$40,000.00
Total Deductions
$8,149.85
Net Pay
$31,850.15
Average Tax Rate
13.29%
Comprehensive Deduction Rate
20.37%
Total Income
$40,000.00
Total Deductions
$8,174.67
Net Pay
$31,825.33
Average Tax Rate
13.35%
Comprehensive Deduction Rate
20.44%
Total Income
$40,000.00
Total Deductions
$8,192.05
Net Pay
$31,807.95
Average Tax Rate
13.39%
Comprehensive Deduction Rate
20.48%
Total Income
$40,000.00
Total Deductions
$8,277.74
Net Pay
$31,722.26
Average Tax Rate
13.04%
Comprehensive Deduction Rate
20.69%
Total Income
$40,000.00
Total Deductions
$8,433.65
Net Pay
$31,566.35
Average Tax Rate
13.99%
Comprehensive Deduction Rate
21.08%
Total Income
$40,000.00
Total Deductions
$8,860.22
Net Pay
$31,139.78
Average Tax Rate
15.06%
Comprehensive Deduction Rate
22.15%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $40,000.00 | $6,618.44 | $33,381.56 | 9.46% | 16.55% |
| Northwest Territories | $40,000.00 | $7,050.23 | $32,949.77 | 10.54% | 17.63% |
| British Columbia | $40,000.00 | $7,126.51 | $32,873.49 | 10.73% | 17.82% |
| Yukon | $40,000.00 | $7,164.23 | $32,835.77 | 10.82% | 17.91% |
| Alberta | $40,000.00 | $7,410.47 | $32,589.53 | 11.44% | 18.53% |
| Ontario | $40,000.00 | $7,583.19 | $32,416.81 | 11.87% | 18.96% |
| Saskatchewan | $40,000.00 | $7,843.24 | $32,156.76 | 12.52% | 19.61% |
| New Brunswick | $40,000.00 | $8,149.85 | $31,850.15 | 13.29% | 20.37% |
| Newfoundland and Labrador | $40,000.00 | $8,174.67 | $31,825.33 | 13.35% | 20.44% |
| Manitoba | $40,000.00 | $8,192.05 | $31,807.95 | 13.39% | 20.48% |
| Quebec | $40,000.00 | $8,277.74 | $31,722.26 | 13.04% | 20.69% |
| Prince Edward Island | $40,000.00 | $8,433.65 | $31,566.35 | 13.99% | 21.08% |
| Nova Scotia | $40,000.00 | $8,860.22 | $31,139.78 | 15.06% | 22.15% |
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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