Income Tax Calculator New Brunswick

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary $18,456

EI deduction - $292

CPP deduction - $852

Federal tax deduction - $2,404

Provincial tax deduction - $1,627

Total tax - $5,175

Net pay * $13,281

Marginal tax rate 29.9%

Average tax rate 28.0%

28%Total tax

72%

Net pay

The Taxberg

$13,281

Net pay

$1,261

Tax the employer pays

$5,175

Tax you pay

Total tax paid

$6,436

Did you know your employer also pays tax on your salary? It costs the employer $1,261 to pay you $18,456. In other words, every time you spend $10 of your hard-earned money, $3.49 goes to the government.

Real tax rate

32.6%

So, with you and the employer both paying tax, what used to be a 28% tax rate now rises to 32.6%, meaning your real tax rate is actually 4.6% higher than what it seemed at first.

Summary

If you make $18,456 a year living in the region of New Brunswick, Canada, you will be taxed $5,175. That means that your net pay will be $13,281 per year, or $1,107 per month. Your average tax rate is 28.0% 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

$18,500$19,000$19,500$20,000$20,500$21,000$21,500$22,000$22,500$23,000$23,500$24,000$24,500$25,000$25,500$26,000$26,500$27,000$27,500$28,000

Tax per region

Country	Net pay	Average tax	Rank
Quebec	CAD 15,047	18.5%	1
British Columbia	CAD 14,523	21.3%	2
Nunavut	CAD 14,216	23.0%	3
Alberta	CAD 13,177	28.6%	11
Saskatchewan	CAD 13,090	29.1%	12
Manitoba	CAD 13,038	29.4%	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.