Newfoundland & Labrador
Tax Calculator 2025
Calculate your Newfoundland and Labrador provincial and federal income taxes. See your NL tax brackets and get personalized recommendations.
NL Tax Brackets 2025
Newfoundland has 5 provincial tax brackets ranging from 8.7% to 21.8%. Our calculator shows exactly how much tax you'll pay in each bracket.
Five Tax Brackets
Newfoundland uses a five-bracket system with one of the highest top rates in Atlantic Canada.
NL Tax Credits
Take advantage of NL credits including the Low-Income Tax Reduction and various refundable credits.
Province/Territory
Income Sources
Click + to add your first income source
Deductions & Credits
2025 Newfoundland & Labrador Provincial Tax Brackets
| Income Range | Provincial Rate | Combined Rate* |
|---|---|---|
| $0 – $43,198 | 8.7% | 23.70% |
| $43,198 – $86,395 | 14.5% | 35.00% |
| $86,395 – $154,244 | 15.8% | 41.80% |
| $154,244 – $215,943 | 17.8% | 46.80% |
| $215,943+ | 21.8% | 54.80% |
*Combined rates include federal tax at the corresponding bracket.
Newfoundland Tax Calculator FAQ
What taxes do Newfoundland residents pay?
Newfoundland residents pay federal income tax, NL provincial income tax, CPP contributions, and EI premiums. There is no separate health premium.
Is Newfoundland a high-tax province?
Newfoundland has one of the highest top marginal tax rates in Canada at 54.8% combined. Lower income earners benefit from more moderate rates.
What is NL's Low-Income Tax Reduction?
The NL Low-Income Tax Reduction reduces or eliminates provincial tax for low-income individuals, with the reduction phasing out as income increases.
What is Newfoundland's basic personal amount?
Newfoundland's basic personal amount for 2025 is approximately $10,818. This means you pay no provincial tax on your first $10,818 of taxable income.
How BracketBuddy Works
Enter Your Income
Add all your income sources including employment, self-employment, capital gains, dividends, and more.
Add Deductions
Include RRSP contributions, FHSA, union dues, childcare expenses, and other eligible deductions.
Get Results
See your exact tax breakdown, effective rate, marginal rate, and personalized recommendations.
Optimize & Save
Use our suggestions to reduce your tax bill and keep more of your hard-earned money.