Canadian Tax and
Financial Information
Yukon Income Tax

Ads keep this website free for you. does not research or endorse any product or service appearing in ads on this site.  Before making a major financial decision you  should consult a qualified professional.

Looking for US tax information?

Need an accounting, tax or financial advisor? Look in our Directory.  Use above search box to easily find your topic!   Stay Connected with!

What's New
Personal Tax
Sales Taxes
Free in 30!
Financial Planning
Real Estate
Stocks Bonds etc.
British Columbia
Atlantic Provinces
Federal Budget
Provincial Budgets
Statistics etc.
Site Map
Advertise With Us
Contact Us/About Us
Links & Resources

Territories -> Yukon

Yukon Income Tax

Yukon/Federal tax brackets and marginal tax rates

          - tax brackets and applicable Alberta rates, plus combined federal/Alberta marginal tax rates for eligible and non-eligible Canadian dividends, capital gains and other income (interest, foreign dividends, employment, self-employment, etc).

Canadian Tax Calculator

          - Detailed tax calculator which includes most deductions and tax credits, can be used to check your tax return or to do some tax planning for the next tax return.

    Basic Canadian Tax Calculator

          - The Basic Tax Calculator works for all provinces and territories, and requires very little input.  You input the amount of income from Canadian eligible and non-eligible dividends, capital gains, and employment/other income.  This will produce a table of taxes payable for the current and past 5 years, for all provinces and territories, as well as your marginal tax rate for each type of income.

Yukon Non-refundable Personal Tax Credits

For information on the amounts for most non- refundable tax credits available to Yukon residents, see the non-refundable personal tax credits tables.

Yukon Dividend Tax Credit

Yukon Enhanced Dividend Tax Credit for Eligible Dividends

YT Income Tax Act s. 6(39)

Due to the changes in the federal gross-up % starting in 2010, amendments were made to the Yukon Income Tax Act, revising the calculation of the dividend tax credit starting in 2011.  The dividend tax credit is revised automatically now if there is a change in the federal or Yukon general corporate income tax rate, highest personal income tax (PIT) rate, or gross-up percentage.  The following table shows the resulting rates.  The 2015 rate changed slightly due to the increase in the highest PIT rate.  The rate for 2018 and later years is reduced because the Yukon 2017 Budget reduced the general corporate income tax rate from 15% to 12%.

Year 2009 2010 2011

2012 to

2015 to

2018 +
Gross-up % 45% 44% 41% 38% 38% 38%
enhanced dividend tax credit as a % of
grossed-up dividends 11% 10.83% 15.08% 15.08% 15.00% 12.02%
actual dividends 15.95% 15.60% 21.26% 20.81% 20.70% 16.59%

The above rates are based on the federal and Yukon corporate tax rates for large corporations, as well as the gross-up percentage in effect on January 1 of the tax year.  The 2012 rates are calculated using the expected federal corporate tax rate of 15% for 2012.

The Yukon tables of marginal tax rates include the marginal tax rates for both eligible and non-eligible dividends.

The Federal 2008 Budget reduced the gross-up rate and the dividend tax credit rate for dividends eligible for the enhanced dividend tax credit.  See the Enhanced Dividend Tax Credit article for details.

Yukon Dividend Tax Credit for Non-eligible Dividends

YT Income Tax Act s. 6(39)

The Federal 2017 Fall Economic Statement announced that the gross-up rate for non-eligible dividends (also know as regular dividends, or small business dividends) would be reduced to 16% for 2018, and to 15% for 2019 and later years.

The Yukon Income Tax Act was revised in the fall of 2010, for tax years 2011 and later.  The dividend tax credit for non-eligible, or small business dividends changes automatically now if there is a change in the federal or Yukon corporate income tax rate, highest personal income tax rate, or gross-up percentage.

The Yukon 2015 Budget Bill 86 made a change to the calculation of the non-eligible dividend tax credit calculation, in relation to the creation of a new tax bracket with a threshold equal to the small business limit, with a tax rate equal to the general corporate tax rate, which is paid by small businesses on taxable income above the small business limit.  The 2017 Budget set the tax rate for the highest tax threshold at 15% instead of leaving it dependent on the general corporate tax rate.  The 2017 Budget also reduced the small business tax rate to 2% from 3%, effective July 1, 2017.  This changes the 2018 dividend tax credit rate.

The rates for non-eligible, or small business dividends, are reflected in the following table.

     Yukon Dividend Tax Credit Rate for Non-Eligible Dividends

Year Gross-up
%of Federal
% of Grossed-up
% of Actual
2019+ 15% 17.62% 2.30% 2.64%
2018 16% 16.42% 2.26% 2.63%
2016-17 17% 21.63% 3.14% 3.68%
2015 18% 20.81% 3.17% 3.75%
2014 18% 26.42% 4.03% 4.76%
2011-13 25% 22.55% 4.51% 5.64%
2006-10 25% 22.24% 4.45% 5.56%

Yukon Low-income Family Tax Credit

The Yukon 2015 Budget repealed this tax credit, effective for 2015 and later taxation years.  The Yukon Child Tax Benefit is increased for the 2015 and later taxation years.  See the 2015 Yukon Budget Highlights (pdf).

bulletwas available for low income individuals or families
bulletif married or living common-law, must be claimed by spouse with higher net income
bulletmaximum credit was 80% of Yukon tax
bulletincome for the calculation of this credit did not include the federal Universal Child Care Benefit of $100 per month

See Canada Revenue Agency ( CRA) form YT428 from the  YT General Income Tax and Benefit Package page for detailed calculation.

YT Child fitness tax credit

YT Children's arts tax credit

Yukon Government Links:

Budget website


Legislative Assembly

Income Tax

Health Care in the Yukon

Health and Social Services

Health Care Insurance Plan - includes registration information


Canada Revenue Agency (CRA) Links

YT Personal income tax and benefit package

YT Corporation income tax


Government benefits, programs and services

Yukon 2019 Budget - March 7, 2019

No tax changes were announced.  Above link is to Yukon Budget website.

Yukon 2018 Budget - March 1, 2018

No tax changes were announced.  Above link is to Yukon Budget website.

Yukon 2017 Budget - April 27, 2017

- on Yukon website.  See also Bill 3, Budget Measures Implementation Act, 2017 (pdf).

    - General corporate tax rate reduced from 15% to 12%, effective July 1, 2017.

    - The manufacturing and processing profits deduction rate is reduced from 12.5% to 9.5% as of July 1, 2017.

    - The small business manufacturing and processing profits deduction rate is reduced from 1.5% to 0.5% as of July 1, 2017.

    - The highest personal income tax rate is set at 15% instead of being linked to the corporate income tax rate.

    - Small business corporate tax reduced from 3% to 2%, effective July 1, 2017.

    - Tax rate on cigarettes and loose tobacco will increase from 21 cents per cigarette or gram to 25 cents on July 1, 2017, rising to 30 cents on April 1, 2018.  The tax will increase by the consumer price index each January 1 starting in 2019.

Revised: April 22, 2019


Copyright © 2002 Boat Harbour Investments Ltd. All Rights Reserved.  See Reproduction of information from

Facebook  | Twitter  |  Google + |  Monthly Newsletter Sign-up  What’s New E-mail Notification RSS News Feed
The information on this site is not intended to be a substitute for professional advice.  Each person's situation differs, and a professional advisor can assist you in using the information on this web site to your best advantage. 
Please see our legal disclaimer regarding the use of information on our site, and our Privacy Policy regarding information that may be collected from visitors to our site.