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Northwest Territories 2018 & 2019 Income Tax Rates
Northwest Territories 2019 and 2018 Personal Marginal
Income Tax Rates
The Federal and Northwest Territories tax brackets and personal amount
are increased
for 2019 by an indexation factor of 1.022. Northwest Territories uses the
Federal indexation factor. The indexation
factors, tax brackets and tax rates have
been
confirmed to Canada Revenue Agency
information.
The 2019 marginal tax rates for non-eligible dividends reflect the rates that
are
in effect automatically due to the change in the gross-up rate for 2019, as
announced in the October
24, 2017 Fall Economic Statement.
Northwest Territories
Personal Income Tax Brackets and Tax Rates
2019
Taxable Income
2019
Tax Rates
2018
Taxable Income
2018
Tax Rates
first $43,137
5.90%
first $42,209
5.90%
over $43,137 up to
$86,277
8.60%
over $42,209 up to
$84,420
8.60%
over $86,277 up to $140,267
12.20%
over $84,420 up to $137,248
12.20%
over $140,267
14.05%
over $137,248
14.05%
Combined Federal
& Northwest Territories Tax Brackets and Tax Rates
2019
Taxable Income
2019
Marginal Tax Rates
2018
Taxable Income
2018
Marginal Tax Rates
Other
Income
Capital
Gains
Canadian
Dividends
Other
Income
Capital
Gains
Canadian
Dividends
Eligible
Non-Eligible
Eligible
Non-Eligible
first $43,137
20.90%
10.45%
-7.76%
6.75%
first $42,209
20.90%
10.45%
-7.76%
5.65%
over $43,137 up to
$47,630
23.60%
11.80%
-4.03%
9.86%
over $42,209 up to
$46,605
23.60%
11.80%
-4.03%
8.78%
over $47,630 up to $86,277
29.10%
14.55%
3.56%
16.18%
over $46,605 up to $84,420
29.10%
14.55%
3.56%
15.16%
over $86,277 up to
$95,259
32.70%
16.35%
8.53%
20.32%
over $84,420 up to
$93,208
32.70%
16.35%
8.53%
19.34%
over $95,259 up to $140,267
38.20%
19.10%
16.12%
26.65%
over $93,208 up to $137,248
38.20%
19.10%
16.12%
25.72%
over $140,267 up to
$147,667
40.05%
20.03%
18.67%
28.77%
over $137,248 up to
$144,489
40.05%
20.03%
18.67%
27.86%
over $147,667 up to $210,371
43.05%
21.53%
22.81%
32.22%
over $144,489 up to $205,842
43.05%
21.53%
22.81%
31.34%
over $210,371
47.05%
23.53%
28.33%
36.82%
over $205,842
47.05%
23.53%
28.33%
35.98%
Marginal tax rate for dividends is a % of actual
dividends received (not grossed-up taxable amount).
Marginal tax rate for capital gains is a % of total capital gains
(not taxable capital gains).
Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is
15% in 2019, and 16% in 2018.
For more information see
Northwest Territories dividend tax credits.
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