• Provincial Tax Canada


    Canada Provincial Tax

     
    Provincial tax of all the provinces in Canada is calculated as the same way as federal tax, except for the Province of Quebec. Each province imposes tax which is usually less than federal tax based on a person's net taxable income. 

    Taxes in Canada


    Taxes in Canada constitute the giant majority of the annual revenues of the Government of Canada and of the governments of the each Province in Canada.

    Canada Provincial Tax Rates


    Below are the tax rates given for each province of Canada. Anyone can easily find his/her tax bracket in which his/her net taxable income falls, and determine how much tax percentage is imposed by that province. Total provincial tax amount will be then deducted from that person's net taxable income.

    Canadian Provincial Taxes


    All provinces and territories, except Quebec, have entered into a tax collection agreements with the federal government for collection of Canadian provincial taxes. They must use the federal definition of "taxable income" as the basis for their taxation. This means that they are not allowed to provide or ignore federal deductions in calculating the income on which provincial tax is based

    Tax Rates for 2013



    Following are the list of each province tax rates updated  for 2013

      Ontario Provincial Tax 2013




    Annual taxable income (A) More than Not more than ($)

    Rate

    (V)

    0    �      39,723

    0.0505

    39,723    �      79,448

    0.0915

    79,448    �    509,000

    0.1116

    509,000   �   and over

    0.1316

     



    British Columbia Provincial Tax 2013



    Annual taxable income (A) More than Not more than ($)

    Rate

    (V)

    0    �      37,568

    0.0506

    37,568    �      75,138

    0.0770

    75,138    �      86,268

    0.1050

    86,268    �    104,754

    0.1229

    104,754   �   and over

    0.1470



       Manitoba Provincial Tax 2013




    Annual taxable income (A) More than Not more than ($)

    Rate

    (V)

    0    �      31,000

    0.1080

    31,000    �      67,000

    0.1275

    67,000    �   and over

    0.1740

      

    New Brunswick Provincial Tax 2013



    Annual taxable income (A) More than Not more than ($)

    Rate

    (V)

    0    �      38,954

    0.091

    38,954    �      77,908

    0.121

    77,908    �    126,662

    0.124

    126,662   �   and over

    0.143



      New Found land and Labrador Provincial Tax 2013




    Annual taxable income (A) More than Not more than ($)

    Rate

    (V)

    0    �      33,748

    0.077

    33,748    �      67,496

    0.125

    67,496    �   and over

    0.133

     

     North West Territories Provincial Tax 2013




    Annual taxable income (A) More than Not more than ($)

    Rate

    (V)

    0    �      39,453

    0.0590

    39,453    �      78,908

    0.0860

    78,908    �    128,286

    0.1220

    128,286   �   and over

    0.1405

     

    Nova Scotia Provincial Tax 2013


      

    Annual taxable income (A) More than Not more than ($)

    Rate

    (V)

    0    �      29,590

    0.0879

    29,590    �      59,180

    0.1495

    59,180    �      93,000

    0.1667

    93,000    �    150,000

    0.1750

    150,000   �   and over

    0.2100

     

     Nunavut Provincial Tax 2013




    Annual taxable income (A) More than Not more than ($)

    Rate

    (V)

    0    �      41,535

    0.040

    41,535    �      83,071

    0.070

    83,071    �    135,054

    0.090

    135,054   �   and over

    0.115

     

      Prince Edward Island Provincial Tax 2013




    Annual taxable income (A) More than Not more than ($)

    Rate

    (V)

    0    �      31,984

    0.098

    31,984    �      63,969

    0.138

    63,969    �   and over

    0.167

      

    Saskatchewan Provincial Tax 2013


     

    Annual taxable income (A) More than Not more than ($)

    Rate

    (V)

    0    �      42,906

    0.11

    42,906    �    122,589

    0.13

    122,589   �   and over

    0.15

     

    Yukon Provincial Tax 2013


     

    Annual taxable income (A) More than Not more than ($)

    Rate

    (V)

    0    �      43,561

    0.0704

    43,561    �      87,123

    0.0968

    87,123    �    135,054

    0.1144

    135,054   �   and over

    0.1276

      

    Quebec Provincial Tax 2013




    Annual taxable income (A) More than Not more than ($)

    Rate

    (V)

    0    �      41,095

    16%

    41,095    �      82,190

    20%

    82,190    �    100,000

    24%

    100,000   �   and over

    25.75

        

     


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