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The Federal and Yukon tax brackets and personal tax credit amounts are increased for
2024 by an indexation factor of 1.047 (4.7% increase), 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.
(1) See the federal
tax rates page for information on the enhanced federal and Yukon basic personal
amounts (BPAs), 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.
The Yukon BPA mirrors the changes in the federal BPA.