Northwest Territories 2025 & 2024 Tax Rates & Tax Brackets

The Federal and Northwest Territories tax brackets and personal tax credit amounts are increased for 2025 by an indexation factor of 1.027 (2.7% increase).

Northwest Territories uses the Federal indexation factor to increase their tax brackets and personal tax credit amounts.

See the Canada Federal Personal Tax Rates page for information on the Capital Gains Inclusion Rate Change, the increase to which will likely not be reintroduced.

See Indexation of the Personal Income Tax System for how the indexation factors are calculated.

The Federal and Northwest Territories indexation factors, tax brackets and tax rates for 2025 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 or the Detailed Tax Calculators.

TaxTips.ca - Northwest Territories Tax Rates
2025 Taxable Income	2025 Tax Rates	2024 Taxable Income	2024 Tax Rates
first $51,964	5.90%	first $50,597	5.90%
over $51,964 up to $103,930	8.60%	over $50,597 up to $101,198	8.60%
over $103,930 up to $168,967	12.20%	over $101,198 up to $164,525	12.20%
over $168,967	14.05%	over $164,525	14.05%

TaxTips.ca - Combined Federal & Northwest Territories Tax Brackets and Tax Rates
2025 Taxable Income (1)	NT 2025 Marginal Tax Rates				2024 Taxable Income (1)	NT 2024 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 $51,964	20.90%	10.45%	-7.76%	6.75%	first $50,597	20.90%	10.45%	-7.76%	6.75%
over $51,964 up to $57,375	23.60%	11.80%	-4.03%	9.86%	over $50,597 up to $55,867	23.60%	11.80%	-4.03%	9.86%
over $57,375 up to $103,930	29.10%	14.55%	3.56%	16.18%	over $55,867 up to $101,198	29.10%	14.55%	3.56%	16.18%
over $103,930 up to $114,750	32.70%	16.35%	8.53%	20.32%	over $101,198 up to $111,733	32.70%	16.35%	8.53%	20.32%
over $114,750 up to $168,967	38.20%	19.10%	16.12%	26.65%	over $111,733 up to $164,525	38.20%	19.10%	16.12%	26.65%
over $168,967 up to $177,882	40.05%	20.03%	18.67%	28.77%	over $164,525 up to $173,205	40.05%	20.03%	18.67%	28.77%
over $177,882 up to $253,414	43.37%	21.69%	23.25%	32.59%	over $173,205 up to $246,752	43.37%	21.69%	23.25%	32.59%
over $253,414	47.05%	23.53%	28.33%	36.82%	over $246,752	47.05%	23.53%	28.33%	36.82%
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 Northwest Territories dividend tax credits. Copyright © 2002 Boat Harbour Investments Ltd.

TaxTips.ca Northwest Territories Basic Personal Amount
2025 Personal Amount	2025 Tax Rate	2024 Personal Amount	2024 Tax Rate
$17,842	5.90%	$17,373	5.90%

Federal Basic Personal Amount
2025 Personal Amount (1) Minimum / Maximum		2025 Tax Rate	2024 Personal Amount (1) Minimum / Maximum		2024 Tax Rate
$14,538	$16,129	15%	$14,156	$15,705	15%

(1) See the federal tax rates page for information on the enhanced federal personal amount, 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.

Revised: February 10, 2025