Changes to the New Brunswick Government Tables Effective July 1, 2021

Varennes, June 2021

As announced by the Canada Revenue Agency (CRA) in the T4127 Payroll Deductions Formulas document, available on the CRA's website, modifications to provincial income taxes for the province of New Brunswick have been made. No federal changes have been announced.

This maestro*EXPRESS has been made to guide you through the update of the payroll calculation settings.

We would like to remind users that it is their responsibility to validate the appropriate rates and stay updated on any subsequent change. It is therefore recommended to verify the data entered in maestro*. Information included in this document is provided for information purposes only.

New Tax Rates in New Brunswick

The provincial governent of New Brunswick announced, on May 11, 2021, a reduction of the rate applied to the first tax bracket, from 9.68% to 9.4%, effective January 1, 2021.

Since employees have been taxed at a different rate for the first six months of the year, a prorated tax rate will apply for the remaining six months, starting with the first July payroll.

The prorated tax rate for the first tax bracket, effective July 1, 2021, will be 9.12%.

The new rates are displayed in the following table, taken from the CRA website:

Province		1^st bracket	2^nd bracket	3^rd bracket	4^th bracket	5^th bracket
NB	Tax Bracket (A)	0	43,835	87,671	142,534	162,383
Rate (V)	0.0912	0.1482	0.1652	0.1784	0.2030
Constant (KP)	0	2,499	3,989	5,870	9,865

Province

1^st bracket

2^nd bracket

3^rd bracket

4^th bracket

5^th bracket

Tax Bracket (A)

43,835

87,671

142,534

162,383

Rate (V)

0.0912

0.1482

0.1652

0.1784

0.2030

Constant (KP)

2,499

3,989

5,870

9,865

In maestro*

maestro* > Time Management > Maintenance > Payroll > Government Tables

Under the Provincial Tax tab, select New Brunswick in the Mode field, of the Detail section;
Replace the value in the Credit Rate field for 0.0912;
Replace the values in the Income Tax Table section to reflect those displayed in the following image and table:

Amount ($)	Constant K	Rate T
0	0	9,46 ou 9.12*
43,835	2,499	14.82
87,671	3,989	16.52
142,534	5,870	17.84
162,383	9,865	20.30
*Only if the employee's rate was 9.68 for the first six months of 2021

Click on Save and Quit.

You can consult the following maestro*EXPRESS to view all payroll changes for 2021: Payroll Modifications Effective January 1, 2021.

For more information concerning these changes, please visit the Payroll Deductions Formulas - 112th Edition Effective July 1, 2021 page of the CRA's website. You can also view the following guides, recently updated by the CRA:

T4032 Payroll Deductions Tables (as of January 1, 2021)
T4008 Payroll Deductions Supplementary Tables (as of January 1, 2021)

For additional details regarding the required modifications to maestro*, send a request to the Software Support through the Guide portal.

Last modification: September 19, 2024