Frequently asked questions New Brunswick’s most popular tax credits and deductions include:NB child tax benefit (NBCTB)NB harmonized sales tax credit (NBHSTC)NB low-income tax reductionNB education and tuition tax creditsNB basic personal amount ($12,458)Learn more about New Brunswick tax deductions and credits Anytime you invest your money into something that increases in value, such as stocks, mutual funds, exchange-traded funds (ETFs), or real estate, that increase is considered a capital gain. Your capital gains will only be realized and taxable when you cash in your investment. Only 50% of your realized capital gains are taxed at a marginal rate based on your province of residence.In New Brunswick, your capital gains are taxed according to the combined marginal capital gains tax rates below: 2023 taxable income NB marginal capital gains tax rate first $47,715 12.20% over $47,715 up to $53,359 14.50% over $53,359 up to $95,431 17.25% over $95,431 up to $106,717 18.25% over $106,717...
