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Territories -> Yukon

Tax Rates -> 2019 and 2020 Tax Rates -> Yukon

Yukon 2020 and 2019 Personal Marginal Income Tax Rates

The Federal and Yukon tax brackets and personal tax credits are increased for 2020 by an indexation factor of 1.019, except for the Yukon amount of $500,000, which is equal to the corporate small business limit. Yukon uses the Federal tax brackets for their first 3 tax brackets. The indexation factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency information.

Please read the article Understanding the Tables of Personal Income Tax Rates.

Yukon Personal Income Tax Brackets and Tax Rates
2020 Taxable Income	2020 Tax Rates	2019 Taxable Income	2019 Tax Rates
first $48,535	6.40%	first $47,630	6.40%
over $48,535 up to $97,069	9.00%	over $47,630 up to $95,259	9.00%
over $97,069 up to $150,473	10.90%	over $95,259 up to $147,667	10.90%
over $150,473 up to $500,000	12.80%	over $147,667 up to $500,000	12.80%
over $500,000	15.00%	over $500,000	15.00%

Combined Federal & Yukon Tax Brackets and Tax Rates
2020 Taxable Income	2020 Marginal Tax Rates				2019 Taxable Income	2019 Marginal Tax Rates
	Other Income	Capital Gains	Canadian Dividends			Other Income	Capital Gains	Canadian Dividends
	Other Income	Capital Gains	Eligible	Non-Eligible		Other Income	Capital Gains	Eligible	Non-Eligible
first $48,535	21.40%	10.70%	-7.78%	11.58%	first $47,630	21.40%	10.70%	-7.78%	11.58%
over $48,535 up to $97,069	29.50%	14.75%	3.40%	20.90%	over $47,630 up to $95,259	29.50%	14.75%	3.40%	20.90%
over $97,069 up to $150,473	36.90%	18.45%	13.61%	29.41%	over $95,259 up to $147,667	36.90%	18.45%	13.61%	29.41%
over $150,473 up to $214,368	42.11%	21.06%	20.79%	35.39%	over $147,667 up to $210,371	41.80%	20.90%	20.37%	35.04%
over $214,368 up to $500,000	45.80%	22.90%	25.89%	39.64%	over $210,371 up to $500,000	45.80%	22.90%	25.89%	39.64%
over $500,000	48.00%	24.00%	28.93%	42.17%	over $500,000	48.00%	24.00%	28.93%	42.17%
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 2020, and 16% in 2019. For more information see Yukon Dividend Tax Credits.
Yukon Basic Personal Amount
2020 Personal Amount (1)	2020 Tax Rate				2019 Personal Amount	2019 Tax Rate
$13,229	6.40%				$12,069	6.40%
Federal Basic Personal Amount
2020 Personal Amount (1)	2020 Tax Rate				2019 Personal Amount	2019 Tax Rate
$13,229	15%				$12,069	15%

(1) The 2020 federal basic personal amount (BPA) is increased from $12,298 to $13,229 for taxpayers with net income of $150,473 or less. For incomes above this threshold, the additional amount of $931 is reduced until it becomes zero at net income of $214,368.

On June 20, 2020, Yukon tabled Bill No. 8, Budget Measures Implementation Act, 2020 to enable their BPA to mirror the changes in the federal BPA.

The marginal tax rates above have been adjusted to reflect these changes.

Revised: May 18, 2025

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