Understanding New Brunswick’s income tax system is essential for effective financial planning. The province follows a progressive tax structure, meaning different portions of income are taxed at increasing rates. New Brunswick’s tax brackets and basic personal amount (BPA) are adjusted annually to reflect inflation, ensuring that tax thresholds remain up to date.

For 2025, the New Brunswick BPA has increased to $13,396, while tax bracket thresholds have been adjusted by 2.7% in line with federal indexation. The federal BPA ranges from $14,538 to $16,129, depending on income level. New Brunswick’s provincial tax rates start at 9.40% for lower incomes and increase to 19.50% for the highest earners.

When combined with federal tax rates, New Brunswick’s marginal tax rates can reach 52.50% for the highest income levels. Understanding these tax brackets helps taxpayers estimate their tax liability, maximize deductions, and optimize financial planning. Use our New Brunswick Tax Calculator to quickly and accurately estimate your taxes based on the latest federal and provincial rates.

2026 Federal and New Brunswick Tax Brackets and Tax Rates

2025 Federal and New Brunswick Tax Brackets and Tax Rates