ARCHIVED - Information for Residents of New Brunswick

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If you have a visual impairment, you can get our publications in Braille, large print, or etext (CD or diskette), or on audio cassette or MP3. For details, visit our About multiple formats page or call  1-800-959-2221 .

All the information you need to calculate your New Brunswick tax and credits can be found in the publication called Completing your New Brunswick form. Complete Form NB428, New Brunswick Tax and Credits, and attach it to your return.

What's new for 2007?

The income levels and the rates used to calculate your provincial income tax have changed.

The provincial non-refundable tax credits and the New Brunswick low-income tax reduction have been indexed.

The rate used to calculate the dividend tax credit for other than eligible dividends has increased.

The maximum amount of New Brunswick Investor Tax Credit available to an individual investor has increased from $15,000 to $24,000.

Form NB428, New Brunswick Tax and Credits, reflects these changes.

New Brunswick Child Tax Benefit

The New Brunswick Child Tax Benefit (NBCTB) is a non-taxable monthly payment made to qualifying families with children under age 18. The New Brunswick Working Income Supplement (NBWIS) is an additional benefit paid to qualifying families with earned income who have children under age 18. Benefits are combined with the Canada Child Tax Benefit (CCTB) into one monthly payment.

Under the NBCTB, you may be entitled to get a basic annual benefit of $250 for each child under age 18 ($20.83 per month). The amount of the basic benefit is reduced if your family net income is more than $20,000.

The NBWIS is an additional annual benefit of up to $250 per family ($20.83 per month). It is phased in once family earned income is more than $3,750 and reaches the maximum benefit at $10,000. Families with net income between $20,921 and $25,921 may get part of the supplement.

You do not have to apply separately to get payments under this program. We will use the information from your Canada Child Benefits application to determine your eligibility for the program.

File your tax return - You (and your spouse or common-law partner) should file your 2007 tax return(s) as soon as possible. The information you give on your return(s) will determine how much you will get starting in July 2008.

This program is fully funded by the Province of New Brunswick. For more information, call the Canada Revenue Agency (CRA) 1-800-387-1193 .

If you have questions…

If you need more help about New Brunswick tax and credits after you read the publication called Completing your New Brunswick form, call the Canada Revenue Agency (CRA) at  1-800-959-8281 .

To get forms, visit the CRA Forms and publications page or call 1-800-959-2221 .