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2025 Newfoundland Tax Brackets

Find out what tax bracket you are in as well as your marginal and average tax rate for the 2024 & 2025 tax year.

Newfoundland 2024 provincial tax bracket

Newfoundland Provincial Tax Bracket Tax Rate
first $43,198 8.7%
over $43,198 up to $86,395 14.5%
over $86,395 up to $154,244 15.8%
over $154,244 up to $215,943 17.8%
over $215,943 up to $275,870 19.8%
over $275,870 up to $551,739 20.8%
over $551,739 up to $1,103,478 21.3%
over $1,103,478 21.8%

Federal Tax Bracket 2024

This is the portion of federal taxes that are charged in Newfoundland for 2024:

Federal Tax Bracket Tax Rate
$55,867 or less 15.00%
$55,867 to $111,733 20.50%
$111,733 to $173,205 26.00%
$173,205 to $246,752 29.00%
More than $246,752 33.00%

Tax Brackets Across Canada