Manitoba Tax Tool: Calculate Income, Sales, and Property Taxes

Updated on January 31, 2024

Explore the Manitoba Tax Calculator for details on tax brackets, income tax, sales tax, and property tax. If you’re a taxpayer, discover all the specific information you need in this article.

Manitoba Tax Calculator

In Manitoba, taxes come in various types with rates ranging from 10.8% to 17.4%, determined by an individual’s income. Tax brackets indicate the specific income range taxed at a certain rate. This system ensures that lower incomes are taxed at lower rates, while higher incomes fall into higher tax brackets.

Manitoba Tax Brackets

Brackets amount

Tax

$1 to $36,842

10.8%

$36,843 to $79,625

12.75%

$79,625 or above

17.4%

If your income is below $36,842, the tax rate is 10.8%. For incomes between $36,843 and $79,625, the tax rate is 12.75%. If your income exceeds $79,625, the tax rate is 17.4%.

Manitoba Income Tax Calculator

In Manitoba, the income tax rate starts from 15% to 33%.

Tax bracket

Rates

Under $15,000

0%

$15,001 – $53,359

15%

$53,360 – $ 106,717

20.5%

$106,718 – $165,430

26%

$165,413 – $235,676

29%

$235,676 and more

33%

If your income is below $15,000, you are exempt from income tax. The highest tax rate, 33%, applies to income exceeding $235,676.

Manitoba Sales Tax Calculator

In Manitoba, the sales tax rate is 7%, applicable to retail sales and rental of goods and services. The tax is calculated based on the selling cost before applying GST.

Items such as accounting services, hotel stays, groceries, accommodation, tobacco, fish, medical supplies, health devices, and medicines are subject to GST. However, certain exemptions apply to services like education, child care, and health.

Manitoba  Property Tax Calculator

Manitoba’s property tax is divided into four components: school division, municipal, provincial education, and an additional tax rate.

For the year 2023, the municipal rate stands at 1.29%, the educational rate at 1.35%, resulting in a final tax rate of 2.34%. In 2022, the municipal rate was 1.34%, the educational rate was 1.45%, and the final tax rate was 2.80%. The rates for 2023 are lower compared to the previous year, which also has an impact on the state’s GDP.

Property owners are obligated to pay property tax, while tenants must establish a formal contract with the owner. This document should outline details of both parties and agreed-upon terms, serving as a legal reference in situations where taxes need to be addressed.

What is GST & PST in Manitoba?

In Manitoba, GST exemptions fall into two categories: direct exemptions and zero-rated goods and services. Goods and services that fall under the zero-rated category for GST include:

  • Groceries, encompassing items such as meats, cereals, eggs, coffee, vegetables, etc.
  • Prescription drugs
  • Medical devices
  • Female hygiene goods

GST that are direct exempt include:

Properties previously owned or used by others. Daycare and legal aid services. Dental and medical services. Educational services for certificate or diploma courses.

Mnitoba PST

The Provincial Sales Tax (PST), also known as retail sales tax or Quebec sales tax, is a distinct tax imposed on citizens in addition to the Goods and Services Tax (GST). The inception of PST in Manitoba arose from the disagreement of several provinces to be part of the Harmonized Sales Tax (HST), which combines both PST and GST. Consequently, some citizens preferred a separate tax from the government.

A Provincial Sales Tax (PST) of 8% is applied to individuals, businesses, or enterprises based on specific criteria. Failure to pay this amount may result in penalties.

Manitoba boasts one of the lowest total tax rates among Canadian provinces, standing at around 12%. In comparison, New Brunswick has a total tax rate of approximately 15%, Ontario is at 13%, Nova Scotia at 12%, and so on. The calculation of the tax amount takes into account various factors such as service sectors operating in Canada, the total population, GDP, economic value, and more.

 

 

 

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