PEI Income Tax Calculator 2021.

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PEI
Estimate your 2020 & 2021 total income taxeswith only a few details about your income
Tax Year
Your Employment Status
Employment Income
Other Income
Capital Gains
Eligible Dividends
Ineligible Dividends

Results

Total Income
$50,000
Total Tax
$13,398.63
Income Tax
$10,074.38
EI Premiums
$790
CPP ContributionQPP Contribution
$2,534.25
After Tax Income
$36,601.37
Average Tax Rate
20.15%
Marginal Tax Rate
34.3%
Canada Federal and Prince Edward Tax Brackets 2021
Your taxable income places you in the following tax brackets.
Federal tax bracketFederal tax rates
Less than $13,808 0%
$13,809 to $49,02015%
$49,021 to $98,04020.5%
$98,041 to $151,97826%
$151,979 to $216,51129%
More than $216,512 33%
Prince Edward tax bracketPrince Edward tax rates
Less than $10,500 0%
$10,501 to $31,9849.8%
$31,985 to $63,96913.8%
More than $63,970 16.7%

PEI Income Tax Brackets Changes

Income thresholds in PEI will not be increasing for the 2021 tax year.

PEI's basic personal amount will be increasing from $10,000 in 2020 to $10,500 in 2021.

PEI Personal Amounts 2021

20202021
Basic Personal Amount$10,000$10,500
Spouse/Common-Law Partner$8,493$8,493
Eligible Dependant$8,493$8,493

Prince Edward Island Surtax

PEI's surtax is an additional tax on the amount of net tax payable.

PEI Surtax 2021

Provincial Tax PayableSurtax
Less than $12,500$0
More than $12,50010% of provincial tax payable over $12,500

PEI Volunteer Firefighter Tax Credit

You may claim this tax credit if you were a volunteer firefighter and a resident of Prince Edward Island. This tax credit provides a refundable tax credit of $500.

PEI Young Child Tax Credit

If you have a dependent child who is younger than six years old, you can claim $100 per month. If you have a spouse/common-law partner, only the lower-income partner can claim this tax credit.