Northumberland Economic Partnership:
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Northumberland County Profile

Demographic Characteristics | Labor Force | Major Employers | Recent Expansions | Research Base | Universities | Community Colleges | Vocational & Technical Institutions | Average Wage Rates by Selected Occupations | Workers Compensation & Employment Insurance | Transportation | Taxation | Utilities | Environmental | Government | International Resources | Quality of Life | Employment Lands | Available Land & Buildings (OREA)

Table 15 - Taxation
Federal Corporate Income Tax % of Net Income
General 39%
Manufacturing & Processing 32%
Small Business (revenue <$250,000) 20%
Provincial Corporate Income Tax October 2001 % of Federal Tax
General 12.50%
Manufacturing & Processing 11%
Small Business (revenue <$250,000) 6%
Source: COBSC
Goods & Services Tax
Value-Added tax 7%
Provincial Sales Tax  
Value-Added tax (base slightly different from GST) 8%
Mandatory Benefits Rate
Employee Health Tax First $400,000 of gross payroll is exempt; subsequently 1.95% of total gross payroll
Employment Insurance $3.36 per $100 of employee earnings to $39,000 max
Workers Compensation $2.13 for every $100 of insurable earnings, maximum $64,600
Canada Pension Plan (employer & employee each pay half the premium) 3.9% of maximum pensionable earnings of $37,600 with a basic exemption rate of $3500


Personal Income Tax 2000 Rate
Federal
Taxable Income <30,000 ($CDN) 17%
Taxable Income 30-60,000 25%
Taxable Income >60,000 29%
Provincial 38% of federal tax


County Overview - Property Tax
Municipal tax rates are a percent of every thousand dollars of assessed value
Residential Total Commercial Occupied Total
Port Hope - rural 1.19% Port Hope - rural 3.52%
Brighton - urban 1.22% Brighton - urban 3.63%
Brighton - rural 1.22% Brighton - rural 3.63%
Hamilton Township 1.40% Hamilton Twp 3.85%
Alnwick-Haldimand 1.44% Alnwick-Haldimand 3.91%
Trent Hills 1.55% Trent Hills 4.12%
Port Hope - urban 1.58% Cramahe 4.20%
Cramahe 1.64% Port Hope - urban 4.42%
Cobourg 1.80% Cobourg 4.46%
Multi-Residential Total Industrial Occupied Total
Port Hope - rural 2.19% Port Hope - rural 6.34%
Brighton - urban 2.21% Brighton - rural 6.39%
Hamilton Twp 2.66% Brighton - urban 6.40%
Alnwick-Haldimand 2.74% Hamilton Twp 6.69%
Trent Hills 3.06% Alnwick-Haldimand 7.05%
Cramahe 3.18% Trent Hills 7.45%
Port Hope - urban 3.50% Cramahe 7.58%
Cobourg 3.55% Cobourg 7.92%
    Port Hope - urban 8.01%
Source: municipal pages


Same table for: Alderville First Nation Cramahe Township
Alnwick-Haldimand Hamilton Township
Brighton Port Hope
Cobourg Trent Hills

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