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2023 New Brunswick Income Tax Calculator

Calculate your take-home pay after tax.

Yearly Salary
Total Income $122,000.00
Salary $122,000.00
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $38,445.30
Federal Tax $19,861.99
Provincial Tax $13,826.41
CPP Contributions $3,754.45
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $1,002.45

Net Pay $83,554.70

Marginal Tax Rate 42%
Average Tax Rate 27.61%
Comprehensive Deduction Rate 31.51%
Monthly Salary
Total Income $10,166.67
Salary $10,166.67
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $3,203.78
Federal Tax $1,655.17
Provincial Tax $1,152.20
CPP Contributions $312.87
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $83.54

Net Pay $6,962.89

Marginal Tax Rate 42%
Average Tax Rate 27.61%
Comprehensive Deduction Rate 31.51%
Biweekly Salary
Total Income $4,692.31
Salary $4,692.31
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $1,478.67
Federal Tax $763.92
Provincial Tax $531.79
CPP Contributions $144.40
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $38.56

Net Pay $3,213.64

Marginal Tax Rate 42%
Average Tax Rate 27.61%
Comprehensive Deduction Rate 31.51%
Weekly Salary
Total Income $2,346.15
Salary $2,346.15
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $739.33
Federal Tax $381.96
Provincial Tax $265.89
CPP Contributions $72.20
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $19.28

Net Pay $1,606.82

Marginal Tax Rate 42%
Average Tax Rate 27.61%
Comprehensive Deduction Rate 31.51%
Daily Salary
Total Income $469.23
Salary $469.23
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $147.87
Federal Tax $76.39
Provincial Tax $53.18
CPP Contributions $14.44
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $3.86

Net Pay $321.36

Marginal Tax Rate 42%
Average Tax Rate 27.61%
Comprehensive Deduction Rate 31.51%
Hourly Salary
Total Income $62.56
Salary $62.56
Bonus $0.00
Commission $0.00
Pension Income $0.00
Taxable Benefit $0.00

RRSP $0.00

Total Deductions $19.72
Federal Tax $10.19
Provincial Tax $7.09
CPP Contributions $1.93
QPP Contributions $0.00
QPIP Premiums $0.00
EI Premiums $0.51

Net Pay $42.85

Marginal Tax Rate 42%
Average Tax Rate 27.61%
Comprehensive Deduction Rate 31.51%

Federal and Provincial/Territorial Tax Brackets

Your taxable income in the following tax brackets.
Federal Tax Bracket Federal Tax Rates
$53,359.00 or less 15%
$53,359.00 - $106,716.99 20.5%
$106,717.00 - $165,429.99 26%
$165,430.00 - $235,674.99 29%
More than $235,675.00 33%
New Brunswick Tax Bracket New Brunswick Tax Rates
$47,715.00 or less 9.4%
$47,715.00 - $95,430.99 14%
$95,431.00 - $176,755.99 16%
More than $176,756.00 19.5%

Annual Income Tax by Province/Territory

Total Income $122,000.00
Total Deductions $31,142.79
Net Pay $90,857.21
Average Tax Rate 21.63%
Comprehensive Deduction Rate 25.53%
Total Income $122,000.00
Total Deductions $33,143.15
Net Pay $88,856.85
Average Tax Rate 23.27%
Comprehensive Deduction Rate 27.17%
Total Income $122,000.00
Total Deductions $33,169.38
Net Pay $88,830.62
Average Tax Rate 23.29%
Comprehensive Deduction Rate 27.19%
Total Income $122,000.00
Total Deductions $33,477.20
Net Pay $88,522.80
Average Tax Rate 23.54%
Comprehensive Deduction Rate 27.44%
Total Income $122,000.00
Total Deductions $34,273.34
Net Pay $87,726.66
Average Tax Rate 24.19%
Comprehensive Deduction Rate 28.09%
Total Income $122,000.00
Total Deductions $35,574.52
Net Pay $86,425.48
Average Tax Rate 25.26%
Comprehensive Deduction Rate 29.16%
Total Income $122,000.00
Total Deductions $36,552.96
Net Pay $85,447.04
Average Tax Rate 26.06%
Comprehensive Deduction Rate 29.96%
Total Income $122,000.00
Total Deductions $38,445.30
Net Pay $83,554.70
Average Tax Rate 27.61%
Comprehensive Deduction Rate 31.51%
Total Income $122,000.00
Total Deductions $39,122.29
Net Pay $82,877.71
Average Tax Rate 28.17%
Comprehensive Deduction Rate 32.07%
Total Income $122,000.00
Total Deductions $39,325.02
Net Pay $82,674.98
Average Tax Rate 28.33%
Comprehensive Deduction Rate 32.23%
Total Income $122,000.00
Total Deductions $40,559.31
Net Pay $81,440.69
Average Tax Rate 29.35%
Comprehensive Deduction Rate 33.25%
Total Income $122,000.00
Total Deductions $41,219.03
Net Pay $80,780.97
Average Tax Rate 29.89%
Comprehensive Deduction Rate 33.79%
Total Income $122,000.00
Total Deductions $41,809.94
Net Pay $80,190.06
Average Tax Rate 29.95%
Comprehensive Deduction Rate 34.27%
Region Total Income Total Deductions Net Pay Average Tax Rate Comprehensive Deduction Rate
Nunavut $122,000.00 $31,142.79 $90,857.21 21.63% 25.53%
British Columbia $122,000.00 $33,143.15 $88,856.85 23.27% 27.17%
Yukon $122,000.00 $33,169.38 $88,830.62 23.29% 27.19%
Northwest Territories $122,000.00 $33,477.20 $88,522.80 23.54% 27.44%
Alberta $122,000.00 $34,273.34 $87,726.66 24.19% 28.09%
Ontario $122,000.00 $35,574.52 $86,425.48 25.26% 29.16%
Saskatchewan $122,000.00 $36,552.96 $85,447.04 26.06% 29.96%
New Brunswick $122,000.00 $38,445.30 $83,554.70 27.61% 31.51%
Newfoundland and Labrador $122,000.00 $39,122.29 $82,877.71 28.17% 32.07%
Manitoba $122,000.00 $39,325.02 $82,674.98 28.33% 32.23%
Prince Edward Island $122,000.00 $40,559.31 $81,440.69 29.35% 33.25%
Nova Scotia $122,000.00 $41,219.03 $80,780.97 29.89% 33.79%
Quebec $122,000.00 $41,809.94 $80,190.06 29.95% 34.27%
This tool was designed to for approximation purposes only and should not be used to replace legal or accounting authority. For the purpose simplifying the process, a number of variables have been assumed to calculate the figures included on this page. The results of this calculator should not be relied upon for determining career and/or tax decisions.

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