Understanding Manitoba’s income tax system is essential for effective financial planning. Manitoba follows a progressive tax structure, meaning different portions of income are taxed at increasing rates. Unlike some provinces, Manitoba does not adjust all personal tax credits for inflation, but starting in 2025, tax brackets are now indexed annually to keep pace with the rising cost of living.

For 2025, Manitoba’s tax brackets and basic personal amount (BPA) have been increased by 1.2% due to inflation, while federal tax brackets have been adjusted by 2.7%. The Manitoba BPA for 2025 is $15,969, while the federal BPA ranges from $14,538 to $16,129, depending on income level. Manitoba’s tax rates start at 10.80% for lower incomes and rise to 17.40% for higher earners.

Combined federal and provincial tax rates can be significant, reaching 50.40% for the highest income levels. By understanding these tax rates, you can estimate your tax liability, maximize deductions, and optimize your financial strategy. Use our Manitoba Tax Calculator to quickly and accurately determine your estimated taxes based on the latest federal and provincial rates.

2025 Federal and Manitoba Tax Brackets and Tax Rates

2024 Federal and Manitoba Tax Brackets and Tax Rates