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Nova Scotia Income Tax Calculator 2023 & 2024.

This Page Was Last Updated: April 29, 2024
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Nova Scotia
Estimate your 2022 & 2023 total income taxeswith only a few details about your income
Tax Year
Your Employment Status
Employment Income
Other Income
Capital Gains Before June 25
Capital Gains After June 24
RRSP Contributions
Additional Deductions
Eligible Dividends
Ineligible Dividends
Total Income
Adjusted Taxable Income

Total Tax
Federal Tax
Provincial Tax
EI Premiums
CPP Contribution
CPP2 Contribution

After Tax Income
Average Tax Rate
Marginal Tax Rate

These calculations include the following tax credits: basic personal amount, Canada employment amount, CPP/QPP, CPP2/QPP2, QPIP, EI premiums, and dividend tax credits. You may be eligible for other tax credits based on your province and income.

Canada Federal and Nova Scotia Tax Brackets 2024
Your taxable income places you in the following tax brackets.
Federal tax bracketFederal tax rates
$55,867 or less 15%
$55,868 to $111,73320.5%
$111,734 to $173,20526%
$173,206 to $246,75229%
More than $246,753 33%
Nova Scotia tax bracketNova Scotia tax rates
Up to $29,590 8.79%
$29,591 to $59,18014.95%
$59,181 to $93,00016.67%
$93,001 to $150,00017.5%
More than $150,001 21%
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Nova Scotia Income Tax Brackets Changes

Nova Scotia government does not index tax brackets to inflation, and the last time that tax brackets were adjusted was in the year 2000. Thus, for 2024, the tax rates and brackets will remain the same as the last few years. The basic personal amounts will also remain the same as last year.

Nova Scotia Personal Amounts 2024

Annual IncomeBasic Personal Amount
Less than $25,000$11,481
$25,000 to $75,000$11,481 - ((Annual Income - $25,000) x 6%)
More than $75,000$8,481

Nova Scotia Age Amount

If you are over the age of 65, you may claim a tax credit of $4,141 if your income is less than $30,828. You may claim a partial benefit if your income is more than $30,828 but less than $58,435.

Nova Scotia Age Amount 2024

IncomeTax Credit
Less than $30,828$4,141
More than $30,828$4,141 - 15% of income over $30,828

Nova Scotia Age Supplement

If you are over the age of 65, you may claim a tax credit of $1,465 if your income is less than $25,000. You can also claim the age supplement tax credit at a partial rate if your income is between $25,000 and $75,000.

Nova Scotia Age Supplement 2024

IncomeTax Credit
Less than $25,000$1,465
Between $25,000 and $75,0002.93% x ( $75,000 - Income)

Nova Scotia Volunteer Firefighters and Ground Search and Rescue Tax Credit

You may claim this tax credit if you were a volunteer firefighter or search and rescue volunteer for at least six months. This tax credit provides a refundable tax credit of $500.

Nova Scotia Low Income Tax Reduction

The Nova Scotia low-income tax reduction is a non-refundable tax credit that can reduce the tax payable by an individual or family. The credit can reduce an individual’s or a family’s taxes by $300 for the tax filer, plus $300 for a spouse or an eligible dependent, up to a maximum of $600. Additionally, you can claim $165 for every dependent child.

Nova Scotia Refundable Tax Credits

For July 2023 to June 2024, the Nova Scotia Affordable Living Tax Credit (NSALTC) program provides up to $255 a year, plus $60 for each child, to households with an income less than $30,000. If your household income is over $30,000, the tax credit is reduced by 5% for your income over $30,000.

The Nova Scotia Child Benefit (NSCB) is paid monthly if your family income is less than $26,000 and is combined with the Canada Child Benefits (CCB) into the same monthly payment. You can receive a monthly benefit of $127.08 for every child (under 18 years of age) in your care. You may receive a partial NSCB benefit if your income is between $26,000 and $34,000.

Other Tax Credits in Nova Scotia

Apart from the credits and benefits listed above, there are some other tax credits available in Nova Scotia, such as:

  • Caregiver Amount
  • Tuition and Education Amounts
  • Pension Income Amount
  • Disability Amount

You may also be eligible for other tax credits besides those listed above. You can visit the Government of Nova Scotia’s website for more information.