Canada Provincial Tax
Provincial tax of all the provinces in Canada is calculated as the same way as federal tax, except for the Province of Quebec. Each province imposes tax which is usually less than federal tax based on a person's net taxable income.
Taxes in Canada
Taxes in Canada constitute the giant majority of the annual revenues of the Government of Canada and of the governments of the each Province in Canada.
Canada Provincial Tax Rates
Below are the tax rates given for each province of Canada. Anyone can easily find his/her tax bracket in which his/her net taxable income falls, and determine how much tax percentage is imposed by that province. Total provincial tax amount will be then deducted from that person's net taxable income.
Canadian Provincial Taxes
All provinces and territories, except Quebec, have entered into a tax collection agreements with the federal government for collection of Canadian provincial taxes. They must use the federal definition of "taxable income" as the basis for their taxation. This means that they are not allowed to provide or ignore federal deductions in calculating the income on which provincial tax is based
Tax Rates for 2013
Following are the list of each province tax rates updated for 2013
Ontario Provincial Tax 2013
|
Annual taxable income (A) More than – Not more than
($) |
Rate (V) |
|
0 –
39,723 |
0.0505 |
|
39,723
–
79,448 |
0.0915 |
|
79,448
–
509,000 |
0.1116 |
|
509,000
–
and
over |
0.1316 |
British Columbia Provincial Tax 2013
|
Annual taxable income (A) More than – Not more than
($) |
Rate (V) |
|
0 –
37,568 |
0.0506 |
|
37,568
–
75,138 |
0.0770 |
|
75,138
–
86,268 |
0.1050 |
|
86,268
–
104,754 |
0.1229 |
|
104,754
–
and
over |
0.1470 |
Manitoba Provincial Tax 2013
|
Annual taxable income (A) More than – Not more than
($) |
Rate (V) |
|
0 –
31,000 |
0.1080 |
|
31,000
–
67,000 |
0.1275 |
|
67,000
–
and
over |
0.1740 |
New Brunswick Provincial Tax 2013
|
Annual taxable income (A) More than – Not more than
($) |
Rate (V) |
|
0 –
38,954 |
0.091 |
|
38,954
–
77,908 |
0.121 |
|
77,908
–
126,662 |
0.124 |
|
126,662
–
and
over |
0.143 |
New Found land and Labrador Provincial Tax 2013
|
Annual taxable income (A) More than – Not more than
($) |
Rate (V) |
|
0 –
33,748 |
0.077 |
|
33,748
–
67,496 |
0.125 |
|
67,496
–
and
over |
0.133 |
North West Territories Provincial Tax 2013
|
Annual taxable income (A) More than – Not more than
($) |
Rate (V) |
|
0 –
39,453 |
0.0590 |
|
39,453
–
78,908 |
0.0860 |
|
78,908
–
128,286 |
0.1220 |
|
128,286
–
and
over |
0.1405 |
Nova Scotia Provincial Tax 2013
|
Annual taxable income (A) More than – Not more than
($) |
Rate (V) |
|
0 –
29,590 |
0.0879 |
|
29,590
–
59,180 |
0.1495 |
|
59,180
–
93,000 |
0.1667 |
|
93,000
–
150,000 |
0.1750 |
|
150,000
–
and
over |
0.2100 |
Nunavut Provincial Tax 2013
|
Annual taxable income (A) More than – Not more than
($) |
Rate (V) |
|
0 –
41,535 |
0.040 |
|
41,535
–
83,071 |
0.070 |
|
83,071
–
135,054 |
0.090 |
|
135,054
–
and
over |
0.115 |
Prince Edward Island Provincial Tax 2013
|
Annual taxable income (A) More than – Not more than
($) |
Rate (V) |
|
0 –
31,984 |
0.098 |
|
31,984
–
63,969 |
0.138 |
|
63,969
–
and
over |
0.167 |
Saskatchewan Provincial Tax 2013
|
Annual taxable income (A) More than – Not more than
($) |
Rate (V) |
|
0 –
42,906 |
0.11 |
|
42,906
–
122,589 |
0.13 |
|
122,589
–
and
over |
0.15 |
Yukon Provincial Tax 2013
|
Annual taxable income (A) More than – Not more than
($) |
Rate (V) |
|
0 –
43,561 |
0.0704 |
|
43,561
–
87,123 |
0.0968 |
|
87,123
–
135,054 |
0.1144 |
|
135,054
–
and
over |
0.1276 |
Quebec Provincial Tax 2013
|
Annual taxable income (A) More than – Not more than
($) |
Rate (V) |
|
0 –
41,095 |
16% |
|
41,095 –
82,190 |
20% |
|
82,190 –
100,000 |
24% |
|
100,000 –
and
over |
25.75 |