2025 PEI 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.
PEI 2024 provincial tax bracket
| PEI Provincial Tax Bracket | Tax Rate |
|---|---|
| first $32,656 | 9.65% |
| over $32,656 up to $64,313 | 13.63% |
| over $64,313 up to $105,000 | 16.65% |
| over $105,000 up to $140,000 | 18.00% |
| over $140,000 | 18.75% |
Federal Tax Bracket 2024
This is the portion of federal taxes that are charged in PEI 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% |
