NL Ledger

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Method: the personal receipt

What the receipt computes, and what it leaves out.

  1. Your provincial income tax is worked out from your income with the 2025 Newfoundland and Labrador brackets (8.7% up to $44,192, 14.5% up to $88,382, 15.8% up to $157,792, 17.8% up to $220,910, 19.8% up to $282,214, 20.8% up to $564,429, 21.3% up to $1,128,858, 21.8% above that), less the basic personal amount credit ($11,067 at 8.7%). Source: Canada Revenue Agency, tax rates and income brackets used on the 2025 tax return, Newfoundland and Labrador; basic personal amount and low-income tax reduction from form NL428 (2025).
  2. The Newfoundland and Labrador low-income tax reduction is applied for a single person: $997, less 16% of income over $23,928 (form NL428, 2025). Income is treated as net income.
  3. Other credits (CPP and EI contributions, pension, age, tuition, dependants) are not applied, so the receipt overstates tax somewhat; at the median wage by about 6%.
  4. That tax is split across departments in proportion to each department's share of gross spending in 2024-25, from the Report on the Program Expenditures and Revenues of the Consolidated Revenue Fund.
  5. "Your share" of a contract is the contract's value times your tax divided by all provincial spending that year: the fraction of everything the province spent that your tax matches.

Provincial spending is paid for by many revenues. Personal income tax was 19% of provincial revenue in 2024 (Statistics Canada table 36-10-0450-01). The receipt shows how your part would be spread, not the whole bill. Nothing you enter leaves your browser except as a web address when you press the button without JavaScript.