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

Territories 2013 and 2014 Personal Marginal Income Tax Rates

Please read the article Understanding the Tables of Personal Income Tax Rates.  Provincial bracket thresholds and personal amounts for 2014 have been confirmed.

 

 

 

 

 

 

 

Northwest Territories 2014 and 2013 Marginal Tax Rates

Northwest Territories (NT)
Personal Income Tax Brackets and Tax Rates

2014 Taxable Income   2014 Tax Rates 2013 Taxable Income   2013 Tax Rates
first $39,808 5.90% first $39,453 5.90%
over $39,808 up to $79,618 8.60% over $39,453 up to $78,908 8.60%
over $79,618 up to $129,441 12.20% over $78,908 up to $128,286 12.20%
over $129,441 14.05% over $128,286 14.05%

Northwest Territories (NT)
Combined Federal & Territorial Tax Brackets and Tax Rates

2014 Taxable Income   2014 Marginal Tax Rates 2013 Taxable Income   2013 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 $39,808 20.90% 10.45% -7.76% 4.58% first $39,453 20.90% 10.45% -7.76% 1.96%
over $39,808 up to $43,953 23.60% 11.80% -4.03% 7.77% over $39,453 up to $43,561 23.60% 11.80% -4.03% 5.33%
over $43,953 up to $79,618 30.60% 15.30% 5.63% 16.03% over $43,561 up to $78,908 30.60% 15.30% 5.63% 14.08%
over $79,618 up to $87,907 34.20% 17.10% 10.60% 20.28% over $78,908 up to $87,123 34.20% 17.10% 10.60% 18.58%
over $87,907 up to $129,441 38.20% 19.10% 16.12% 25.00% over $87,123 up to $128,286 38.20% 19.10% 16.12% 23.58%
over $129,441 up to $136,270 40.05% 20.03% 18.67% 27.18% over $128,286 up to $135,054 40.05% 20.03% 18.67% 25.90%
over $136,270 43.05% 21.53% 22.81% 30.72% over $135,054 43.05% 21.53% 22.81% 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).
Note:  Gross-up rate for non-eligible dividends is 18% in 2014, 25% in 2013.  For more information see NT non-eligible dividend tax credit.

NT Basic Personal Amount
2014 Tax Rate 2013 Tax Rate
$13,668 5.90% $13,546 5.90%
Federal Basic Personal Amount
2014 Tax Rate 2013 Tax Rate
$11,138 15.00% $11,038 15.00%

The NWT and Federal tax brackets and personal amounts were increased for 2014 by an indexation factor of 1.009.  NWT uses the Federal indexation factor.

Note:  2014 Non-eligible dividend rates revised Feb 24, 2014.

Nunavut 2014 and 2013 Marginal Tax Rates

Nunavut (NU)
Personal Income Tax Brackets and Rates
2014 Taxable Income   2014 Tax Rates 2013 Taxable Income   2013 Tax Rates
first $41,909 4.00% first $41,535 4.00%
over $41,909 up to $83,818 7.00% over $41,535 up to $83,071 7.00%
over $83,818 up to $136,270 9.00% over $83,071 up to $135,054 9.00%
over $136,270 11.50% over $135,054 11.50%
Nunavut (NU)
Combined Federal & Territorial Tax Rates
2014 Taxable Income   2014 Marginal Tax Rates 2013 Taxable Income   2013 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 $41,909 19.00% 9.50% -2.11% 5.82% first $41,535 19.00% 9.50% -2.11% 2.08%
over $41,909 up to $43,953 22.00% 11.00% 2.03% 9.36% over $41,535 up to $43,561 22.00% 11.00% 2.03% 5.83%
over $43,953 up to $83,818 29.00% 14.50% 11.69% 17.62% over $43,561 up to $83,071 29.00% 14.50% 11.69% 14.58%
over $83,818 up to $87,907 31.00% 15.50% 14.45% 19.98% over $83,071 up to $87,123 31.00% 15.50% 14.45% 17.08%
over $87,907 up to $136,270 35.00% 17.50% 19.97% 24.70% over $87,123 up to $135,054 35.00% 17.50% 19.97% 22.08%
over $136,270 40.50% 20.25% 27.56% 31.19% over $135,054 40.50% 20.25% 27.56% 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).
Note:  Gross-up rate for non-eligible dividends is 18% in 2014, 25% in 2013.  For more information see NU non-eligible dividend tax credit.

NU Basic Personal Amount
2014 Tax Rate 2013 Tax Rate
$12,567 4.00% $12,455 4.00%
Federal Basic Personal Amount
2014 Tax Rate 2013 Tax Rate
$11,138 15.00% $11,038 15.00%

The Nunavut and Federal tax brackets and personal amounts were increased for 2014 by an indexation factor of 1.009.  Nunavut uses the Federal indexation factor.

Yukon 2014 and 2013 Marginal Tax Rates

Yukon (YT)
Personal Income Tax Brackets and Rates Before Surtax
2014 Taxable Income   2014 Tax Rates 2013 Taxable Income   2013 Tax Rates
first $43,953 7.04% first $43,561 7.04%
over $43,953 up to $87,907 9.68% over $43,561 up to $87,123 9.68%
over $87,907 up to $136,270 11.44% over $87,123 up to $135,054 11.44%
over $136,270 12.76% over $135,054 12.76%
Yukon (YT)
Combined Federal & Territorial Tax Rates
2014 Taxable Income   2014 Marginal Tax Rates 2013 Taxable Income   2013 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 $43,953 22.04% 11.02% -11.12% 8.25% first $43,561 22.04% 11.02% -11.12% 5.25%
over $43,953 up to $82,073 31.68% 15.84% 2.18% 19.63% over $43,561 up to $81,888 31.68% 15.84% 2.18% 17.30%
over $82,073 up to $87,907 32.16% 16.08% 1.81% 19.96% over $81,888 up to $87,123 32.16% 16.08% 1.81% 17.62%
over $87,907 up to $136,270 38.01% 19.01% 9.88% 26.86% over $87,123 up to $135,054 38.01% 19.01% 9.88% 24.93%
over $136,270 42.40% 21.20% 15.93% 32.04% over $135,054 42.40% 21.20% 15.93% 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).
Note:  Gross-up rate for non-eligible dividends is 18% in 2014, 25% in 2013.  For more information see YT non-eligible dividend tax credit.

YT Surtax
2014 2013
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 $ 82,073 Person with only basic personal amount - surtax starts at taxable income of $ 81,888
YT Basic Personal Amount
2014 Tax Rate 2013 Tax Rate
$11,138 7.04% $11,038 7.04%
Federal Basic Personal Amount
2014 Tax Rate 2013 Tax Rate
$11,138 15.00% $11,038 15.00%

The Yukon and Federal tax brackets and personal amounts were increased for 2014 by an indexation factor of 1.009.  Yukon uses the Federal indexation factor.

Revised: February 24, 2014

 

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