Free Nova Scotia Self-Employed Tax Calculator 2024

Calculate your combined federal and Nova Scotia provincial income tax as a self-employed individual in 2024. Enter your income and allowable expenses to see your full 2024 tax breakdown based on CRA (Canada Revenue Agency) rates.

Nova Scotia Provincial Income Tax Bands (2024)

  • 8.79% on first C$29,590
  • 14.95% on C$29,590–C$59,180
  • 16.67% on C$59,180–C$93,000
  • 17.50% on C$93,000–C$150,000
  • 21% on income over C$150,000

Provincial personal amount: C$8,481

Federal Income Tax Bands (2024)

  • 15% on first C$55,867
  • 20.5% on C$55,867–C$111,733
  • 26% on C$111,733–C$154,906
  • 29% on C$154,906–C$220,000
  • 33% on income over C$220,000

Federal Basic Personal Amount: C$15,705

CPP Contributions (Self-Employed)

Self-employed Canadians pay CPP at 10.9% on net income between C$3,500 and C$68,500 for 2024.

Sales Tax — HST

Nova Scotia uses HST (15% combined). GST/HST registration is required once annual revenues exceed C$30,000.

More Canadian Tax Resources

  • Canada Federal Tax Calculator
  • Self-Employed Tax Guides
  • Canadian Tax Knowledge Base