TaxTips.ca - Northwest Territories, Yukon and Nunavut 2011 and 2012 Personal income tax rates

Northwest Territories (NT) Personal Income Tax Brackets and Rates
2012 Taxable Income			2012 Tax Rates		2011 Taxable Income			2011 Tax Rates
first $38,679			5.90%		first $37,626			5.90%
over $38,679 up to $77,360			8.60%		over $37,626 up to $75,253			8.60%
over $77,360 up to $125,771			12.20%		over $75,253 up to $122,345			12.20%
over $125,771			14.05%		over $122,345			14.05%
Northwest Territories (NT) Combined Federal & Territorial Tax Rates
2012 Taxable Income	2012 Marginal Tax Rates				2011 Taxable Income	2011 Marginal Tax Rates
	Other Income	Capital Gains	Canadian Dividends			Other Income	Capital Gains	Canadian Dividends
			Eligible Dividends	Non-Eligible Dividends				Eligible Dividends	Non-Eligible Dividends
first $38,680	20.90%	10.45%	-7.76%	1.96%	first $37,626	20.90%	10.45%	-9.92%	1.96%
over $38,680 up to $42,707	23.60%	11.80%	-4.03%	5.33%	over $37,626 up to $41,544	23.60%	11.80%	-6.11%	5.33%
over $42,707 up to $77,360	30.60%	15.30%	5.63%	14.08%	over $41,544 up to $75,253	30.60%	15.30%	3.76%	14.08%
over $77,360 up to $85,414	34.20%	17.10%	10.60%	18.58%	over $75,253 up to $83,088	34.20%	17.10%	8.83%	18.58%
over $85,414 up to $125,771	38.20%	19.10%	16.12%	23.58%	over $83,088 up to $122,345	38.20%	19.10%	14.47%	23.58%
over $125,771 up to $132,406	40.05%	20.03%	18.67%	25.90%	over $122,345 up to $128,800	40.05%	20.03%	17.08%	25.90%
over $132,406	43.05%	21.53%	22.81%	29.65%	over $128,800	43.05%	21.53%	21.31%	29.65%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount). Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).
NT Basic Personal Amount
2012	Tax Rate				2011	Tax Rate
$13,280	5.90%				$12,919	5.90%
Federal Basic Personal Amount
2012	Tax Rate				2011	Tax Rate
$10,822	15.00%				$10,527	15.00%
The NWT and Federal tax brackets and personal amounts were increased for 2012 by an indexation factor of 1.028. NWT uses the Federal indexation factor.
Nunavut (NU) Personal Income Tax Brackets and Rates
2012 Taxable Income			2012 Tax Rates		2011 Taxable Income			2011 Tax Rates
first $40,721			4.00%		first $39,612			4.00%
over $40,721 up to $81,442			7.00%		over $39,612 up to $79,224			7.00%
over $81,442 up to $132,406			9.00%		over $79,224 up to $128,800			9.00%
over $132,406			11.50%		over $128,800			11.50%
Nunavut (NU) Combined Federal & Territorial Tax Rates
2012 Taxable Income	2012 Marginal Tax Rates				2011 Taxable Income	2011 Marginal Tax Rates
	Other Income	Capital Gains	Canadian Dividends			Other Income	Capital Gains	Canadian Dividends
			Eligible Dividends	Small Business Dividends				Eligible Dividends	Small Business Dividends
first $40,721	19.00%	9.50%	-2.11%	2.08%	first $39,612	19.00%	9.50%	-4.58%	2.08%
over $40,721 up to $42,707	22.00%	11.00%	2.03%	5.83%	over $39,612 up to $41,544	22.00%	11.00%	-0.35%	5.83%
over $42,707 up to $81,442	29.00%	14.50%	11.69%	14.58%	over $41,544 up to $79,224	29.00%	14.50%	9.52%	14.58%
over $81,442 up to $85,414	31.00%	15.50%	14.45%	17.08%	over $79,224 up to $83,088	31.00%	15.50%	12.34%	17.08%
over $85,414 up to $132,406	35.00%	17.50%	19.97%	22.08%	over $83,088 up to $128,800	35.00%	17.50%	17.98%	22.08%
over $132,406	40.50%	20.25%	27.56%	28.96%	over $128,800	40.50%	20.25%	25.73%	28.96%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount). Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).
NU Basic Personal Amount
2012	Tax Rate				2011	Tax Rate
$12,211	4.00%				$11,878	4.00%
Federal Basic Personal Amount
2012	Tax Rate				2011	Tax Rate
$10,822	15.00%				$10,527	15.00%
The Nunavut and Federal tax brackets and personal amounts were increased for 2012 by an indexation factor of 1.028. Nunavut uses the Federal indexation factor.
Yukon (YT) Personal Income Tax Brackets and Rates Before Surtax
2012 Taxable Income			2012 Tax Rates		2011 Taxable Income			2011 Tax Rates
first $42,707			7.04%		first $41,544			7.04%
over $42,707 up to $85,414			9.68%		over $41,544 up to $83,088			9.68%
over $85,414 up to $132,406			11.44%		over $83,088 up to $128,800			11.44%
over $132,406			12.76%		over $128,800			12.76%
Yukon (YT) Combined Federal & Territorial Tax Rates
2012 Taxable Income	2012 Marginal Tax Rates				2011 Taxable Income	2011 Marginal Tax Rates
	Other Income	Capital Gains	Canadian Dividends			Other Income	Capital Gains	Canadian Dividends
			Eligible Dividends	Non-Eligible Dividends				Eligible Dividends	Non-Eligible Dividends
first $42,707	22.04%	11.02%	-11.12%	5.25%	first $41,544	22.04%	11.02%	-13.36%	5.25%
over $42,707 up to $81,497	31.68%	15.84%	2.18%	17.30%	over $41,544 up to $80,966	31.68%	15.84%	0.23%	17.30%
over $81,497 up to $85,414	32.16%	16.08%	1.81%	17.62%	over $80,966 up to $83,088	32.16%	16.08%	-0.15%	17.62%
over $85,414 up to $132,406	38.01%	19.01%	9.88%	24.93%	over $83,088 up to $128,800	38.01%	19.01%	8.10%	24.93%
over $132,406	42.40%	21.20%	15.93%	30.41%	over $128,800	42.40%	21.20%	14.28%	30.41%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount). Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).
YT Surtax
2012					2011
YT surtax rate (included in all above rates)				5%	YT surtax rate (included in all above rates)				5%
Surtax is on YT tax greater than				$ 6,000	Surtax is on YT tax greater than				$ 6,000
Person with only basic personal amount - surtax starts at taxable income of				$ 81,497	Person with only basic personal amount - surtax starts at taxable income of				$ 80,966
YT Basic Personal Amount
2012	Tax Rate				2011	Tax Rate
$10,822	7.04%				$10,527	7.04%
Federal Basic Personal Amount
2012	Tax Rate				2011	Tax Rate
$10,822	15.00%				$10,527	15.00%
The Yukon and Federal tax brackets and personal amounts were increased for 2012 by an indexation factor of 1.028. Yukon uses the Federal indexation factor.

Territories Tax Rates - Current Marginal Tax Rates -> Northwest Territories, Nunavut and Yukon Personal Income Tax Rates

Territories
Tax Rates - Current Marginal Tax Rates -> Northwest Territories, Nunavut and Yukon Personal Income Tax Rates