Government of Nova Scotia, Canada
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Personal Income Tax & Credits

The personal income tax is collected under the authority of Nova Scotia’s Income Tax Act (PDF).

The provincial personal income tax is calculated on individuals’ taxable income amount. The federal government defines the calculation of personal taxable income including: employment income, interest gains or losses, various tax deductions.

The Province sets the tax rates and income brackets for Nova Scotia. Both federal and provincial taxes are collected through the annual tax return to the Canada Revenue Agency (CRA).

 

The Rates
Nova Scotia's personal income tax rates vary by income brackets as follows:
Tax RatesTaxable Income Bracket
8.79%0 - $29,590
14.95%$29,590 - $59,180
16.67%$59,180 - $93,000
17.50%$93,000 - $150,000
21%$150,000 and above as of January 1, 2010
Prior to the 2010 tax year, a surtax of 10% is applied on Nova Scotia tax exceeding $10,000.

Personal tax credits


Similar to federal deductions, gross provincial taxable income amount can be reduced by a number of non-refundable tax credits, if the individual qualifies.

In 2006, the Province announced a 4-year plan that provides tax relief for every taxpayer from 2007 to 2010. The plan raises the basic personal tax credit by $250 per year. The Province is also increasing the amount of non-refundable personal tax credits by a total of 13.8% over the four years.

Tax credits available to Nova Scotians for the 2011 tax year:
Tax Credit
Amount
Basic Personal Amount
$8,481

Age Amount

$4,141
Spouse or Common-law Partner Amount
$7,201
Child Care Benefit Tax Credit
$100/month
Canada Pension Plan contributions

Employment Insurance Premiums

Pension Income Amount
$1,173
Caregiver Amount
$4,898
Disability Amount
$5,036
Sport and Recreational Expenses for Children
$500
Tuition and Education Amount

Medical Expense Credits

Donations & Gifts

Dividend Tax Credit

Political Contributions

Labour-sponsored Venture Capital Tax Credit
$2,000
Graduate Retention Rebate
$2,500 / $1,250
Equity Tax Credit
 35% of Investment in 2011
Volunteer Firefighter and Ground Search & Rescue Tax Credit
$500

Low Income Tax Reduction
The Nova Scotia personal income tax system provides an additional tax reduction for individuals and families with low incomes. Depending on adjusted family income, this reduction could decrease a family’s taxes by $300 for the taxfiler plus $300 for a spouse or eligible dependent plus $165 per dependent child.

Personal Income Tax & Credits

Orange ClockFor More Information

Ben R. McBeth
Policy Analyst
Tel:  902.424.2409
Email: gov.ns.ca


The Canada Revenue Agency (CRA) administers the personal income tax on behalf of the Province. The CRA can answer your personal income tax questions for both federal and provincial income tax systems.


Toll-Free
: 1.800.959.8281