New Brunswick is an Atlantic province with 15% HST and a progressive income tax system that tops out at 19.5%. New Brunswick underwent significant tax reform in recent years, reducing the number of brackets and adjusting rates to be more competitive while still funding the province's public services.
| Taxable Income | New Brunswick Provincial Rate |
|---|---|
| $0 – $49,958 | 9.40% |
| $49,958 – $99,916 | 14.82% |
| $99,916 – $185,064 | 16.52% |
| Over $185,064 | 19.50% |
| Income Range | Combined Rate |
|---|---|
| $0 – $49,958 | 24.40% |
| $49,958 – $57,375 | 29.82% |
| $57,375 – $99,916 | 35.32% |
| $99,916 – $114,750 | 37.02% |
| $114,750 – $158,519 | 42.52% |
| $158,519 – $185,064 | 45.52% |
| $185,064 – $220,000 | 48.50% |
| Over $220,000 | 52.50% |
New Brunswick's basic personal amount is $12,458 for 2025, generating a provincial tax credit of approximately $1,171.
New Brunswick participates in the HST system with a combined rate of 15% (5% federal + 10% provincial component). Basic groceries, prescription drugs, and certain other items are HST-exempt.
New Brunswick has one of the highest proportions of public sector employment in Canada. Moncton has seen significant growth in bilingual call centres, financial services, and tech. The province has attracted interprovincial migrants seeking lower housing costs than Ontario and BC, while still offering Atlantic location benefits including access to Halifax and Quebec City markets.
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