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Newfoundland and Labrador Tax Brackets | NL Income Tax Rates

Both the federal and Newfoundland and Labrador government have imposed income taxes on individuals and the federal government charges the bulk of income taxes with the province charging a somewhat lower percentage. Income tax brackets throughout Canada are progressive with the high income residents paying a higher percentage than the low income residents.

Newfoundland and Labrador Tax Brackets 2014 | NL Income Tax Rates – Federal Income Tax Rates are not included:
Newfoundland and Labrador Income Tax Brackets & Rates
Income Tax Brackets Income Tax Rates
Up to $34,254 7.70%
$34,254 to $68,508 12.50%
$68,509 and Over 13.30%
Listed below are the sample of the combined Newfoundland and Labrador and federal personal income tax rate brackets for the Year 2014:
NL Income Tax Brackets Combined Federal and Provincial Tax Rates
Taxable Income Tax Brackets & Rates
Up to $43,561 24%
$43,562 to $87,123 35%
$87,124 to $135,054 39.30%
$135,055 and Over 39.30%

These combined federal and provincial income tax brackets and rates give you a basic idea about how much tax you should pay and they are not guaranteed to be accurate. These For informational purposes only!

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