Newfoundland and Labrador tax rates 2026
Updated Oct 2026Combined federal + provincial marginal rates. Table mode excludes low-income reductions and the Ontario Health Premium for comparability across provinces — this is the convention used by financial institutions.
Top combined rate
53.80%
Top capital gains rate
26.90%
Top eligible dividend rate
44.82%
| Taxable income | Fed bracket | Prov bracket | Ordinary income | Capital gains | Eligible dividends | Non-eligible dividends |
|---|---|---|---|---|---|---|
| $20k | 14.00% | 8.70% | 22.70% | 11.35% | 1.90% | 12.04% |
| $30k | 14.00% | 8.70% | 22.70% | 11.35% | 1.90% | 12.04% |
| $40k | 14.00% | 8.70% | 22.70% | 11.35% | 1.90% | 12.04% |
| $50k | 14.00% | 14.50% | 28.50% | 14.25% | 9.91% | 18.71% |
| $60k | 20.50% | 14.50% | 35.00% | 17.50% | 18.88% | 26.19% |
| $70k | 20.50% | 14.50% | 35.00% | 17.50% | 18.88% | 26.19% |
| $80k | 20.50% | 14.50% | 35.00% | 17.50% | 18.88% | 26.19% |
| $90k | 20.50% | 15.80% | 36.30% | 18.15% | 20.67% | 27.68% |
| $100k | 20.50% | 15.80% | 36.30% | 18.15% | 20.67% | 27.68% |
| $120k | 26.00% | 15.80% | 41.80% | 20.90% | 28.26% | 34.01% |
| $150k | 26.00% | 15.80% | 41.80% | 20.90% | 28.26% | 34.01% |
| $200k | 29.00% | 17.80% | 47.09% | 23.55% | 35.57% | 40.09% |
| $250k | 29.00% | 19.80% | 49.09% | 24.55% | 38.33% | 42.39% |
| $300k | 33.00% | 20.80% | 53.80% | 26.90% | 44.82% | 47.81% |
| $400k | 33.00% | 20.80% | 53.80% | 26.90% | 44.82% | 47.81% |
| $500k | 33.00% | 20.80% | 53.80% | 26.90% | 44.82% | 47.81% |
Newfoundland and Labrador provincial brackets 2026
| Taxable income | Rate |
|---|---|
| $0 to $44,678 | 8.70% |
| $44,679 to $89,354 | 14.50% |
| $89,355 to $159,528 | 15.80% |
| $159,529 to $223,340 | 17.80% |
| $223,341 to $285,319 | 19.80% |
| $285,320 to $570,638 | 20.80% |
| $570,639 to $1,141,275 | 21.30% |
| Over $1,141,275 | 21.80% |
Notes
- Rates are marginal — they apply only to each additional dollar of income in that bracket, not to all income.
- The table uses table mode, which excludes low-income reductions, Ontario surtax, and the Ontario Health Premium for clean cross-province comparison.
- Eligible dividends are grossed up 38 % before tax, then receive the federal and provincial dividend tax credits.
- Capital gains are taxed on 50 % of the gain (50 % inclusion rate, confirmed as of March 21 2025).