Prince Edward Island take-home pay calculator
Real 2026 tax brackets and basic personal amount for Prince Edward Island — the same numbers behind the full calculator.
Prince Edward Island runs six income tax brackets, with the top rate applying at a lower income threshold than in most other provinces — meaning higher earners here reach the top marginal rate sooner than they would in, say, Alberta or Saskatchewan.
The numbers below are PEI's actual 2026 brackets and basic personal amount, run through the same calculation as the rest of this tool — a real result for this province, not an estimate.
2026 provincial tax brackets
| Taxable income | Marginal rate |
|---|---|
| $0 – $33,928 | 9.50% |
| $33,928 – $65,820 | 13.47% |
| $65,820 – $106,890 | 16.60% |
| $106,890 – $142,250 | 17.62% |
| $142,250 – $200,000 | 19.00% |
| $200,000 and up | 20.00% |
Basic personal amount: $15,000
Government programs in Prince Edward Island
A PEI grant covering half the cost of professional fees and marketing for a small business — no incorporation needed.
50% of eligible costs — up to $2,500 for professional fees plus $2,500 for marketing in year one ($5,000 combined max), then $2,500/year after. Overall non-repayable cap is 75% of project cost.
Official source →A PEI grant toward capital purchases for a small business — no incorporation needed.
15% of eligible capital costs, up to $3,750 per application, once per fiscal year.
Official source →A PEI government loan for a small business owner-operator, open to sole proprietors.
Up to $100,000 at TD prime + 3%, up to a 7-year term. You need 10% equity on hand; the working-capital portion of the loan is capped at $35,000.
Official source →A smaller PEI government loan aimed at trades, newcomers, small food producers, start-ups, and craft producers.
Up to $15,000 at TD prime + 4.5%, up to a 5-year term.
Official source →A PEI grant for a strategic-sector business commercializing a product that's already well-developed (not an early prototype).
Up to 50% of eligible costs, capped at $50,000 per project.
Official source →