Prince Edward Island Personal Marginal Income Tax Rates

The Prince Edward Island tax brackets and personal tax credits are not increased for inflation. The Federal tax brackets and personal amount were increased for 2018 by an indexation factor of 1.015.

The Prince Edward Island Basic Personal Amount is increased to $8,160 in 2018.

There are 3 tax brackets in Prince Edward Island and 5 corresponding tax rates. The lowest rate is 9.80% and the highest rate is 16.70%. The highest provincial rate is applied above $63,970, however, the federal rate is increased further above this income level. The combined federal and provincial marginal tax rate is 51.37%, which is paid on the income above $205,843.

There are both refundable and non-refundable tax credits available, which can reduce the Prince Edward Island income tax you owe. For the full list of the available tax credits and amounts, visit the Prince Edward Island Department of Finance website.

 2018 Prince Edward Island Income Tax Rates

Prince Edward Island Personal Income Tax Brackets and Tax Rates
2018 Taxable income Prince Edward Island Tax rate 2018
$0 - $31,984 9.80%
$31,985 - $63,969 13.80%
$63,970 - 16.70%

Combined Federal & Prince Edward Island Tax Brackets and Tax Rates
Taxable income Prince Edward Island Marginal Tax Rates 2018
$0 - $31,984 24.80%
$31,985 - $46,605 28.80%
$46,606 - $63,969 34.30%
$63,970 - $93,208 37.20%
$93,209 - $98,315 42.70%
$98,316 - $144,489 44.37%
$144,490 - $205,842 47.37%
$205,843 - 51.37%
Prince Edward Island Basic Personal Amount
2018 Tax rate
$8,160 9.80%
Federal Basic Personal Amount
2018 Tax rate
$11,810 15.00%

2017 Prince Edward Island Income Tax Rates

Prince Edward Island Personal Income Tax Brackets and Tax Rates
2017 Taxable income Prince Edward Island Tax rate 2017
$0 - $31,984 9.80%
$31,985 - $63,969 13.80%
$63,970 - 16.70%

Combined Federal & Prince Edward Island Tax Brackets and Tax Rates
Taxable income Prince Edward Island Marginal Tax Rates 2017
$0 - $31,984 24.80%
$31,985 - $45,916 28.80%
$45,917 - $63,969 34.30%
$63,970 - $91,831 37.20%
$91,832 - $98,315 42.70%
$98,316 - $142,353 44.37%
$142,354 - $202,800 47.37%
$202,801 - 51.37%
Prince Edward Island Basic Personal Amount
2017 Tax rate
$7,708 9.80%
Federal Basic Personal Amount
2017 Tax rate
$11,635 15.00%