Income tax calculator New Brunswick

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary $11,981

EI deduction - $189

CPP deduction - $483

Federal tax deduction - $1,503

Provincial tax deduction - $1,063

Total tax - $3,239

Net pay * $8,742

Marginal tax rate 29.9%

Average tax rate 27.0%

27%Total tax

73%

Net pay

The Taxberg

$8,742

Net pay

$748

Tax the employer pays

$3,239

Tax you pay

Total tax paid

$3,987

Did you know your employer also pays tax on your salary? It costs the employer $748 to pay you $11,981. In other words, every time you spend $10 of your hard-earned money, $3.33 goes to the government.

Real tax rate

31.3%

So, with you and the employer both paying tax, what used to be a 27% tax rate now rises to 31.3%, meaning your real tax rate is actually 4.3% higher than what it seemed at first.

Summary

If you make $11,981 a year living in the region of New Brunswick, Canada, you will be taxed $3,239. That means that your net pay will be $8,742 per year, or $729 per month. Your average tax rate is 27.0% and your marginal tax rate is 29.9%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of $100 in your salary will be taxed $29.9, hence, your net pay will only increase by $70.1.

Bonus Example

A $1,000 bonus will generate an extra $701 of net incomes. A $5,000 bonus will generate an extra $3,505 of net incomes.

Province

AlbertaBritish ColumbiaManitobaNew BrunswickNewfoundland and LabradorNorthwest TerritoriesNova ScotiaNunavutOntarioPrince Edward IslandQuebecSaskatchewanYukon

Tax per income

$11,500$12,000$12,500$13,000$13,500$14,000$14,500$15,000$15,500$16,000$16,500$17,000$17,500$18,000$18,500$19,000$19,500$20,000$20,500$21,000

Tax per region

Country	Net pay	Average tax	Rank
Quebec	CAD 10,008	16.5%	1
British Columbia	CAD 9,724	18.8%	2
Nunavut	CAD 9,353	21.9%	3
Alberta	CAD 8,674	27.6%	11
Saskatchewan	CAD 8,618	28.1%	12
Manitoba	CAD 8,584	28.4%	13

NOTE* Withholding is calculated based on the New Brunswick tables of CA, income tax. For simplification purposes some variables (such as marital status and others) have been assumed. This document does not represent legal authority and shall be used for approximation purposes only.