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Nunavut 2019 and 2018 Personal Marginal
Income Tax Rates
The Federal and Nunavut tax brackets and personal amount
are increased
for 2019 by an indexation factor of 1.022. Nunavut uses the
Federal indexation factor. The indexation
factors, tax brackets and tax rates have been
confirmed to Canada Revenue Agency
information. Note that while the 2018 highest tax bracket for Nunavut
starts at taxable income of $144,488, the equivalent federal bracket starts
at $144,489. For simplicity sake, we've used only the $144,489 in the
combined tax rate table, rather than create a separate row for $144,488 up
to $144,489.
The 2019 marginal tax rate for non-eligible dividends reflects the rate that is
in effect automatically due to the change in the gross-up rate for 2019, as
announced in the October
24, 2017 Fall Economic Statement.
Nunavut
Personal Income Tax Brackets and Tax Rates
2019
Taxable Income
2019
Tax Rates
2018
Taxable Income
2018
Tax Rates
first $45,414
4.0%
first $44,437
4.0%
over $45,414 up to
$90,829
7.0%
over $44,437 up to
$88,874
7.0%
over $90,829 up to $147,667
9.0%
over $88,874 up to $144,488
9.0%
over $147,667
11.5%
over $144,488
11.5%
Combined Federal
& Nunavut 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 $45,414
19.0%
9.50%
-2.11%
8.46%
first $44,437
19.0%
9.50%
-2.11%
7.20%
over $45,414 up to
$47,630
22.0%
11.00%
2.03%
11.91%
over $44,437 up to
$46,605
22.0%
11.00%
2.03%
10.68%
over $47,630 up to $90,829
27.5%
13.75%
9.62%
18.24%
over $46,605 up to $88,874
27.5%
13.75%
9.62%
17.06%
over $90,829 up to
$95,259
29.5%
14.75%
12.38%
20.54%
over $88,874 up to
$93,208
29.5%
14.75%
12.38%
19.38%
over $95,259 up to $147,667
35.0%
17.50%
19.97%
26.86%
over $93,208 up to $144,489
35.0%
17.50%
19.97%
25.76%
over $147,667 up
to $210,371
40.5%
20.25%
27.56%
33.19%
over $144,489 up
to $205,842
40.5%
20.25%
27.56%
32.14%
over $210,371
44.5%
22.25%
33.08%
37.79%
over $205,842
44.5%
22.25%
33.08%
36.78%
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).
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 Nunavut
dividend tax
credits.
Nunavut Basic Personal
Amount
2019
Personal Amount
2019
Tax
Rate
2018
Personal Amount
2018
Tax
Rate
$16,000
(1)
4%
$13,325
4%
Federal Basic Personal
Amount
2019
Personal Amount
2019
Tax
Rate
2018
Personal Amount
2018
Tax
Rate
$12,069
15%
$11,809
15%
(1) Nunavut's Bill
26 increased the basic personal amount and spousal amount for 2019, to be
indexed in subsequent years.
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