New Brunswick Tax Brackets 2026
Provincial Tax Rates
| Taxable Income |
New Brunswick Rate |
| Up to $49,958 |
9.40% |
| $49,958 - $99,916 |
14.00% |
| $99,916 - $185,064 |
16.00% |
| Over $185,064 |
19.50% |
Combined Federal + NB Rates
| Taxable Income |
Combined Rate |
| Up to $49,958 |
24.40% |
| $49,958 - $55,867 |
29.00% |
| $55,867 - $99,916 |
34.50% |
| $99,916 - $111,733 |
36.50% |
| $111,733 - $173,205 |
42.00% |
| $173,205 - $185,064 |
45.00% |
| $185,064 - $246,752 |
48.50% |
| Over $246,752 |
52.50% |
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 |
~$1,500 savings |
| $200,000 |
~$3,000 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 |
$55,867 |
15% |
$8,380 |
| Federal 2 |
$44,133 |
20.5% |
$9,047 |
| NB 1 |
$49,958 |
9.40% |
$4,696 |
| NB 2 |
$50,042 |
14.00% |
$7,006 |
| Total |
|
|
~$29,129 |
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 |
Who Benefits in NB
Good For
| Situation |
Why NB |
| Recent graduates |
$20K rebate |
| Remote workers |
Affordable housing |
| Bilingual workers |
Job opportunities |
| Retirees |
Lower cost of living |
Consider Elsewhere If
| Situation |
Better Option |
| High earner, mobile |
Alberta |
| Major city lifestyle |
Toronto, Vancouver |
| Tech career |
Ontario, BC |
Comparison to Other Options
NB vs Ontario
| Factor |
NB |
ON |
| Top rate |
52.50% |
53.53% |
| HST |
15% |
13% |
| Housing |
Much lower |
High |
| Jobs |
Fewer options |
More options |
Net Calculation
| $100K Income |
NB |
ON |
| Income tax |
~$25,700 |
~$24,900 |
| Higher tax |
+$800 |
- |
| Housing savings |
-$12,000/year |
- |
| Net benefit |
NB wins |
- |
If housing savings exceed tax difference.
Tax Planning in NB
Strategies
| Strategy |
Benefit |
| RRSP contributions |
Save at 34-48% |
| Tuition rebate |
Claim if eligible |
| Seniors credit |
Home renovations |
| Low-income reduction |
Automatic |