Calculate the total income taxes of the Prince Edward Island residents for 2019

% marginal taxAverage % of taxPayable taxNet income after tax

Tax Breakdown

Federal tax
Marginal tax rate CanadaTaxation in Canada
Prince Edward Island tax
Marginal tax rate PEIPrince Edward Island tax

PEI Surtax

Surtax for Prince Edward Island only apply for income tax over 12500$ at a rate of 10% for 2019.
For more information about surtax, please refer to the Payroll Deductions Table / Surtax of the Canada government website.

PEI surtax RateSurtax Amount

Employee (by an employer)

CPPEmployment Insurance benefits (EI)

Self-employed (sole proprietorship)

CPP (self-employed)Employment Insurance benefits (EI)


After-tax income, annuities and insurance

Net income employeeNet income self-employed

Canada Revenue Agency defines indexation factors, tax brackets and tax rates basis which the income is calculated for Canadian resident citizens as well as Non-Resident Canadian who earn from different sources and occupation in any financial year after 31 December.

Within the indexation factors, there are various sections that cover different sources of income and expenses and their treatment for the purpose of calculating income tax for an assessment. Further, in 2019 different factors provide various deductions and exemptions that are provided tax relief to tax-payers under different Sections.

Use Income Tax Calculator for Prince Edward Island 2019

Do you know your income tax rate? Income Tax Calculator PEI is determined using a dynamic tax structure, implying that your tax rate is lower than your income tax bracket. Why? The same as this calculator shows, yet if taxable income “puts” you in a particular income tax bracket, overall you profit by being taxed at the lower brackets first. Taxes are unavoidable and without scheduling, the annual tax liability can be exceptionally unsure. Make use of the following calculator to help decide your evaluated tax liability together with your average and marginal tax rates.

Our income tax calculator doesn’t consider any deduction and PEI tax credit you may be eligible for. Basically the calculator only considers essential personal amounts (both federal and provincial) as annual tax credit to compute your income tax refund. Income tax is determined as dependent on the overall income of an individual which includes income from the different sources.

Similarly as with any tax calculator (or some other calculator besides), the outcome is just on a par with the data sources. At the point when you use this tax calculator, you have to make sure that you’ve entered all numbers precisely. If you have any inquiries concerning this calculator, you should contact our Success Team.

How does this tax calculator work?

This tax calculator has been intended to evaluate your tax refund or liability dependent on various elements including your filing status, income and withholding. We’ll take the data that you give, and use it to figure your adjusted gross income (AGI).

When the income tax calculator has decided your AGI, it will at that point locate the relevant tax rate and apply it to your income to decide your tax liability. If you have overpaid, the tax calculator will approximate your income tax.

Table of amounts and thresholds 2019

For the Provincial, Prince Edward Island
Amount type or threshold Amount
Basic Personal MBP Amount or Credits $ 9 160
Prince Edward Island tax threshold (provincial) $ 9 160
For the federal government, Canada
Amount type or threshold Amount
Basic Personal MPB Amount in Canada $ 12 069
Tax threshold in Canada (federal) $ 12 069
Table of provincial tax brackets rates in Prince Edward Island for 2019
Gross taxable income brackets Prince Edward Island Marginal tax rates
9 160$ or less 0%
9 160$ to 31 984$ 9.8%
31 984.01$ to 63 969$ 13.8%
63 969,01$ or more 16.7%

For more information about Prince Edward Island and Canada tax rates brackets, visit the CRA Canada website.

Table of federal tax brackets and rates for 2019
Taxable Gross Tax Rates Marginal Tax Rates
12 069$ or less 0%
12 069$ to 47 630$ 15%
47 630,01$ to 95 259$ 20.50%
95 259,01$ to 147 667$ 26%
147 667,01$ to 210 371$ 29%
210 371,01$ or more 33%

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