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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 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
Eligible Non-Eligible Eligible Non-Eligible
first $51,964 20.40% 10.20% -8.45% 6.18% first $50,597 20.90% 10.45% -7.76% 6.75%
over $51,964 up to $57,375 23.10% 11.55% -4.72% 9.28% 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 43.36% 21.68% 23.24% 32.58% 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 2025 Personal Amount (1)
Minimum / Maximum
2024 Tax Rate
$14,538 $16,129 14.5% $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.

Copyright © 2002 Boat Harbour Investments Ltd.

Revised: September 28, 2025