New Brunswick Income Tax Rates 2026 | Tax Brackets Guide
Updated
New Brunswick’s four-bracket provincial tax system tops out at 19.5% on income over $193,861, giving it the lowest top combined rate (52.50%) in Atlantic Canada — roughly 1.5-2.3 percentage points below Nova Scotia and Newfoundland. Add in housing prices that average $300,000-$370,000 (compared to $550,000+ in Halifax), the NB Tuition Rebate that returns up to $20,000 to graduates who stay in-province, and growing remote work opportunities, and New Brunswick offers a compelling financial picture for people willing to live outside major urban centres.
New Brunswick Tax Brackets 2026
Provincial Tax Rates
Each portion of taxable income
Rate
$0.00 to $52,333.00
9.4%
$52,333.01 to $104,666.00
14%
$104,666.01 to $193,861.00
16%
Over $193,861.01
19.5%
Source: Canada Revenue Agency – Canadian income tax rates for individuals, 2026. Verified August 28, 2026.
Combined Federal + NB Rates
Each portion of taxable income
Combined Federal + New Brunswick Rate
Up to $52,333.00
23.4%
$52,333.00 to $58,523.00
28%
$58,523.00 to $104,666.00
34.5%
$104,666.00 to $117,045.00
36.5%
$117,045.00 to $181,440.00
42%
$181,440.00 to $193,861.00
45%
$193,861.00 to $258,482.00
48.5%
Over $258,482.00
52.5%
Combined marginal rate = federal rate + New Brunswick rate at each income level, computed directly from 2026 bracket data (not a separately-maintained table). Source: Canada Revenue Agency – Canadian income tax rates for individuals and the provincial revenue agency, verified August 28, 2026.
New Brunswick Tax Position
Atlantic Comparison
Province
Top Rate
First Bracket
New Brunswick
52.50%
9.40%
Nova Scotia
54.00%
8.79%
PEI
51.37%
9.80%
Newfoundland
54.80%
8.70%
Competitive Advantage
Income Level
NB Advantage Over NS
$150,000
~$2,900 savings
$200,000
~$5,000 savings
New Brunswick Tax Credits
Non-Refundable Credits
Credit
2026 Amount
Basic personal amount
~$13,044
Spouse amount
~$11,086
Age amount (65+)
~$5,997
Pension income
~$1,000
Disability
~$9,834
NB-Specific Credits
Credit
Details
Low-Income Tax Reduction
Reduces tax owing
Tuition Rebate
For NB graduates
Seniors Home Renovation
Up to $10K expenses
Small Business Investor
For angel investors
Low-Income Tax Reduction
How It Works
Feature
Details
Reduces tax
To zero for lowest incomes
Threshold
Income-tested
Automatic
Based on return
Tuition Rebate Program
For NB Graduates
Feature
Details
Maximum rebate
Up to $20,000
Timeframe
Over first 5 years
Annual max
$4,000/year
Based on
Tuition paid
Eligibility
Requirement
Details
NB graduate
Post-secondary
Live in NB
File NB taxes
Work in NB
Or operate business
Seniors Home Renovation Tax Credit
For Older Homeowners
Feature
Details
Maximum expenses
$10,000
Credit rate
10%
Maximum credit
$1,000
For
Safety/accessibility
Eligible Renovations
Type
Examples
Safety
Handrails, lighting
Accessibility
Ramps, wider doors
Emergency
Alert systems
Tax Calculation Example
$100,000 Income in New Brunswick
Bracket
Income
Rate
Tax
Federal 1
$58,523
14%
$8,193
Federal 2
$41,477
20.5%
$8,503
NB 1
$52,333
9.40%
$4,919
NB 2
$47,667
14.00%
$6,673
Total
~$28,289
Before credits.
New Brunswick Sales Tax
HST Rate
Component
Rate
Federal GST
5%
Provincial
10%
Total HST
15%
Rebates Available
For
Rebate
New homes
Point-of-sale rebate
Low income
GST/HST credit
Cost of Living in NB
Housing Costs
City
Average Home
Moncton
~$350,000
Saint John
~$300,000
Fredericton
~$370,000
Halifax (NS)
~$550,000
NB Affordability Advantage
Factor
NB Level
Housing
Very affordable
Food
Average
Utilities
Average
Bilingual
French + English
Economic Considerations
Job Market
Sector
Opportunities
Government
Fredericton
Energy
Saint John
Tech
Growing
Healthcare
Demand
Bilingual services
Call centers
Remote Work Appeal
Factor
Benefit
Housing affordability
Own for less
Internet
Improving
Time zone
Atlantic
Lifestyle
Smaller city, nature
The Bottom Line
New Brunswick offers the most competitive tax rates in Atlantic Canada, especially for high earners. The Tuition Rebate ($4,000/year for up to 5 years) is a powerful incentive for graduates to stay, and the Seniors Home Renovation Credit helps older homeowners age in place. At $100,000 income, you’ll pay roughly $28,300 in combined federal-provincial tax — competitive with the Prairie provinces when you factor in NB’s dramatically lower housing costs. For a full comparison, see our guide on the best provinces for taxes in Canada.