Income tax calculator New Brunswick

Find out how much your salary is after tax

Enter your gross income

Salary rate

Withholding

Salary $64,272

EI deduction - $952

CPP deduction - $3,459

Federal tax deduction - $9,560

Provincial tax deduction - $6,677

Total tax - $20,649

Net pay * $43,623

Marginal tax rate 39.6%

Average tax rate 32.1%

32.1%Total tax

67.9%

Net pay

The Taxberg

$43,623

Net pay

$4,792

Tax the employer pays

$20,649

Tax you pay

Total tax paid

$25,441

Did you know your employer also pays tax on your salary? It costs the employer $4,792 to pay you $64,272. In other words, every time you spend $10 of your hard-earned money, $3.96 goes to the government.

Real tax rate

36.8%

So, with you and the employer both paying tax, what used to be a 32.1% tax rate now rises to 36.8%, meaning your real tax rate is actually 4.7% higher than what it seemed at first.

Summary

If you make $64,272 a year living in the region of New Brunswick, Canada, you will be taxed $20,649. That means that your net pay will be $43,623 per year, or $3,635 per month. Your average tax rate is 32.1% and your marginal tax rate is 39.6%. 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 $39.6, hence, your net pay will only increase by $60.4.

Bonus Example

A $1,000 bonus will generate an extra $604 of net incomes. A $5,000 bonus will generate an extra $3,020 of net incomes.

Province

AlbertaBritish ColumbiaManitobaNew BrunswickNewfoundland and LabradorNorthwest TerritoriesNova ScotiaNunavutOntarioPrince Edward IslandQuebecSaskatchewanYukon

Tax per income

$64,500$65,000$65,500$66,000$66,500$67,000$67,500$68,000$68,500$69,000$69,500$70,000$70,500$71,000$71,500$72,000$72,500$73,000$73,500$74,000

Tax per region

Country	Net pay	Average tax	Rank
Nunavut	CAD 47,414	26.2%	1
British Columbia	CAD 46,712	27.3%	2
Northwest Territories	CAD 46,261	28.0%	3
Manitoba	CAD 43,254	32.7%	11
Prince Edward Island	CAD 43,117	32.9%	12
Nova Scotia	CAD 42,815	33.4%	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.