2025 Prince Edward Island Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$47,000.00
Salary
$47,000.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$10,706.81
Federal Tax
$3,971.39
Provincial Tax
$3,376.37
CPP Contributions
$2,588.25
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$770.80
Net Pay
$36,293.19
Marginal Tax Rate
26.85%
Average Tax Rate
15.63%
Comprehensive Deduction Rate
22.78%
Monthly Salary
Total Income
$3,916.67
Salary
$3,916.67
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$892.23
Federal Tax
$330.95
Provincial Tax
$281.36
CPP Contributions
$215.69
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$64.23
Net Pay
$3,024.43
Marginal Tax Rate
26.85%
Average Tax Rate
15.63%
Comprehensive Deduction Rate
22.78%
Biweekly Salary
Total Income
$1,807.69
Salary
$1,807.69
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$411.80
Federal Tax
$152.75
Provincial Tax
$129.86
CPP Contributions
$99.55
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$29.65
Net Pay
$1,395.89
Marginal Tax Rate
26.85%
Average Tax Rate
15.63%
Comprehensive Deduction Rate
22.78%
Weekly Salary
Total Income
$903.85
Salary
$903.85
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$205.90
Federal Tax
$76.37
Provincial Tax
$64.93
CPP Contributions
$49.77
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$14.82
Net Pay
$697.95
Marginal Tax Rate
26.85%
Average Tax Rate
15.63%
Comprehensive Deduction Rate
22.78%
Daily Salary
Total Income
$180.77
Salary
$180.77
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$41.18
Federal Tax
$15.27
Provincial Tax
$12.99
CPP Contributions
$9.95
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$2.96
Net Pay
$139.59
Marginal Tax Rate
26.85%
Average Tax Rate
15.63%
Comprehensive Deduction Rate
22.78%
Hourly Salary
Total Income
$24.10
Salary
$24.10
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$5.49
Federal Tax
$2.04
Provincial Tax
$1.73
CPP Contributions
$1.33
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.40
Net Pay
$18.61
Marginal Tax Rate
26.85%
Average Tax Rate
15.63%
Comprehensive Deduction Rate
22.78%
Federal and Provincial/Territorial Tax Brackets
Your taxable income in the following tax brackets.
Federal Tax Bracket | Federal Tax Rates |
---|---|
$57,375.00 or less | 15% |
$57,375.00 - $114,749.99 | 20.5% |
$114,750.00 - $177,881.99 | 26% |
$177,882.00 - $253,413.99 | 29% |
More than $253,414.00 | 33% |
Prince Edward Island Tax Bracket | Prince Edward Island Tax Rates |
---|---|
$33,328.00 or less | 9.5% |
$33,328.00 - $64,655.99 | 13.47% |
$64,656.00 - $104,999.99 | 16.6% |
$105,000.00 - $139,999.99 | 17.62% |
More than $140,000.00 | 19% |
Annual Income Tax by Province/Territory
Total Income
$47,000.00
Total Deductions
$8,322.52
Net Pay
$38,677.48
Average Tax Rate
10.56%
Comprehensive Deduction Rate
17.71%
Total Income
$47,000.00
Total Deductions
$8,878.24
Net Pay
$38,121.76
Average Tax Rate
11.74%
Comprehensive Deduction Rate
18.89%
Total Income
$47,000.00
Total Deductions
$8,906.32
Net Pay
$38,093.68
Average Tax Rate
11.8%
Comprehensive Deduction Rate
18.95%
Total Income
$47,000.00
Total Deductions
$9,024.90
Net Pay
$37,975.10
Average Tax Rate
12.06%
Comprehensive Deduction Rate
19.2%
Total Income
$47,000.00
Total Deductions
$9,362.56
Net Pay
$37,637.44
Average Tax Rate
12.77%
Comprehensive Deduction Rate
19.92%
Total Income
$47,000.00
Total Deductions
$9,505.73
Net Pay
$37,494.27
Average Tax Rate
13.08%
Comprehensive Deduction Rate
20.22%
Total Income
$47,000.00
Total Deductions
$9,964.35
Net Pay
$37,035.65
Average Tax Rate
14.05%
Comprehensive Deduction Rate
21.2%
Total Income
$47,000.00
Total Deductions
$10,214.36
Net Pay
$36,785.64
Average Tax Rate
14.59%
Comprehensive Deduction Rate
21.73%
Total Income
$47,000.00
Total Deductions
$10,365.22
Net Pay
$36,634.78
Average Tax Rate
14.91%
Comprehensive Deduction Rate
22.05%
Total Income
$47,000.00
Total Deductions
$10,365.99
Net Pay
$36,634.01
Average Tax Rate
14.91%
Comprehensive Deduction Rate
22.06%
Total Income
$47,000.00
Total Deductions
$10,509.37
Net Pay
$36,490.63
Average Tax Rate
14.63%
Comprehensive Deduction Rate
22.36%
Total Income
$47,000.00
Total Deductions
$10,706.81
Net Pay
$36,293.19
Average Tax Rate
15.63%
Comprehensive Deduction Rate
22.78%
Total Income
$47,000.00
Total Deductions
$11,304.65
Net Pay
$35,695.35
Average Tax Rate
16.91%
Comprehensive Deduction Rate
24.05%
Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
---|---|---|---|---|---|
Nunavut | $47,000.00 | $8,322.52 | $38,677.48 | 10.56% | 17.71% |
Northwest Territories | $47,000.00 | $8,878.24 | $38,121.76 | 11.74% | 18.89% |
British Columbia | $47,000.00 | $8,906.32 | $38,093.68 | 11.8% | 18.95% |
Yukon | $47,000.00 | $9,024.90 | $37,975.10 | 12.06% | 19.2% |
Ontario | $47,000.00 | $9,362.56 | $37,637.44 | 12.77% | 19.92% |
Alberta | $47,000.00 | $9,505.73 | $37,494.27 | 13.08% | 20.22% |
Saskatchewan | $47,000.00 | $9,964.35 | $37,035.65 | 14.05% | 21.2% |
New Brunswick | $47,000.00 | $10,214.36 | $36,785.64 | 14.59% | 21.73% |
Newfoundland and Labrador | $47,000.00 | $10,365.22 | $36,634.78 | 14.91% | 22.05% |
Manitoba | $47,000.00 | $10,365.99 | $36,634.01 | 14.91% | 22.06% |
Quebec | $47,000.00 | $10,509.37 | $36,490.63 | 14.63% | 22.36% |
Prince Edward Island | $47,000.00 | $10,706.81 | $36,293.19 | 15.63% | 22.78% |
Nova Scotia | $47,000.00 | $11,304.65 | $35,695.35 | 16.91% | 24.05% |
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.
Jobs paying $47,000+/year

McInnes Cooper
-
6 Jobs
Charlottetown, PE
$40,000 - $50,000 / year
Full-time
11 days ago

Meridia Recruitment Solutions
-
52 Jobs
New Annan, PE
$100,000 - $125,000 / year
Full-time
24 days ago

Meridia Recruitment Solutions
-
52 Jobs
New Annan, PE
$125,000 - $175,000 / year
Full-time
24 days ago
Are you looking to relocate to Prince Edward Island or just browsing through cities within the province/territory?
Check out our Prince Edward Island demographics page for more information.