Yukon 2022 and 2021 Personal Marginal Income Tax Rates

The Federal and Yukon tax brackets and personal tax credit amounts are increased for 2022 by an indexation factor of 1.024 (an increase of 2.4%), 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.

Tax Tip: read the article Understanding the Tables of Personal Income Tax Rates, especially if you are trying to compare the rates below to the marginal tax rates in the Basic Tax Calculator.

TaxTips.ca - Yukon Personal Income Tax Brackets and Tax Rates
2022 Taxable Income	2022 Tax Rates	2021 Taxable Income	2021 Tax Rates
first $50,197	6.40%	first $49,020	6.40%
over $50,197 up to $100,392	9.00%	over $49,020 up to $98,040	9.00%
over $100,392 up to $155,625	10.90%	over $98,040 up to $151,978	10.90%
over $155,625 up to $221,708	12.96%	over $151,978 up to $216,511	12.94%
over $221,708 up to $500,000	12.80%	over $216,511 up to $500,000	12.80%
over $500,000	15.00%	over $500,000	15.00%

TaxTips.ca - Combined Federal & Yukon Tax Brackets and Tax Rates
2022 Taxable Income	YT 2022 Marginal Tax Rates				2021 Taxable Income	YT 2021 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 $50,197	21.40%	10.70%	-7.78%	13.45%	first $49,020	21.40%	10.70%	-7.78%	13.45%
over $50,197 up to $100,392	29.50%	14.75%	3.40%	22.77%	over $49,020 up to $98,040	29.50%	14.75%	3.40%	22.77%
over $100,392 up to $155,625	36.90%	18.45%	13.61%	31.28%	over $98,040 up to $151,978	36.90%	18.45%	13.61%	31.28%
over $155,625 up to $221,708	42.34%	21.17%	21.11%	37.53%	over $151,978 up to $216,511	42.26%	21.13%	21.00%	37.44%
over $221,708 up to $500,000	45.80%	22.90%	25.89%	41.51%	over $216,511 up to $500,000	45.80%	22.90%	25.89%	41.51%
over $500,000	48.00%	24.00%	28.93%	44.04%	over $500,000	48.00%	24.00%	28.93%	44.04%
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%. For more information see Yukon Dividend Tax Credits.
Yukon Basic Personal Amount
2022 Personal Amount (1)	2022 Tax Rate				2021 Personal Amount (1)	2021 Tax Rate
$14,398	6.40%				$13,808	6.40%
Federal Basic Personal Amount
2022 Personal Amount (1)	2022 Tax Rate				2021 Personal Amount (1)	2021 Tax Rate
$14,398	15%				$13,808	15%

(1) See the federal tax rates page for information on the enhanced federal and Yukon personal amounts, which increases the marginal tax rates for taxable incomes in the second highest federal tax bracket. The marginal tax rates in blue above have been adjusted to reflect these changes.

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. This Act also reduced the small business corporate income tax rate for 2021, which automatically reduced the non-eligible dividend tax credit rate in 2021.

Revised: October 26, 2023