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Territories 2011 and 2012 Personal Tax Rates

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Territories
Tax Rates - 2012 and 2011 Tax Rates -> Northwest Territories, Nunavut and Yukon Personal Income Tax Rates

Territories 2012 and 2011 Personal Marginal Income Tax Rates

Please read the article Understanding the Tables of Personal Income Tax Rates.  

Northwest Territories 2012 and 2011 Marginal Tax Rates

Northwest Territories (NT)
Personal Income Tax Brackets and Rates
2012 Taxable Income   2012 Tax Rates 2011 Taxable Income   2011 Tax Rates
first $38,679 5.90% first $37,626 5.90%
over $38,679 up to $77,360 8.60% over $37,626 up to $75,253 8.60%
over $77,360 up to $125,771 12.20% over $75,253 up to $122,345 12.20%
over $125,771 14.05% over $122,345 14.05%
Northwest Territories (NT)
Combined Federal & Territorial Tax Rates
2012 Taxable Income   2012 Marginal Tax Rates 2011 Taxable Income   2011 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible
Dividends
Non-Eligible
Dividends
Eligible
Dividends
Non-Eligible
Dividends
first $38,679 20.90% 10.45% -7.76% 1.96% first $37,626 20.90% 10.45% -9.92% 1.96%
over $38,679 up to $42,707 23.60% 11.80% -4.03% 5.33% over $37,626 up to $41,544 23.60% 11.80% -6.11% 5.33%
over $42,707 up to $77,360 30.60% 15.30% 5.63% 14.08% over $41,544 up to $75,253 30.60% 15.30% 3.76% 14.08%
over $77,360 up to $85,414 34.20% 17.10% 10.60% 18.58% over $75,253 up to $83,088 34.20% 17.10% 8.83% 18.58%
over $85,414 up to $125,771 38.20% 19.10% 16.12% 23.58% over $83,088 up to $122,345 38.20% 19.10% 14.47% 23.58%
over $125,771 up to $132,406 40.05% 20.03% 18.67% 25.90% over $122,345 up to $128,800 40.05% 20.03% 17.08% 25.90%
over $132,406 43.05% 21.53% 22.81% 29.65% over $128,800 43.05% 21.53% 21.31% 29.65%

Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount).
Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).

NT Basic Personal Amount
2012 Tax Rate 2011 Tax Rate
$13,280 5.90% $12,919 5.90%
Federal Basic Personal Amount
2012 Tax Rate 2011 Tax Rate
$10,822 15.00% $10,527 15.00%

The NWT and Federal tax brackets and personal amounts were increased for 2012 by an indexation factor of 1.028.  NWT uses the Federal indexation factor.

Nunavut 2012 and 2011 Marginal Tax Rates

Nunavut (NU)
Personal Income Tax Brackets and Rates
2012 Taxable Income   2012 Tax Rates 2011 Taxable Income   2011 Tax Rates
first $40,721 4.00% first $39,612 4.00%
over $40,721 up to $81,442 7.00% over $39,612 up to $79,224 7.00%
over $81,442 up to $132,406 9.00% over $79,224 up to $128,800 9.00%
over $132,406 11.50% over $128,800 11.50%
Nunavut (NU)
Combined Federal & Territorial Tax Rates
2012 Taxable Income   2012 Marginal Tax Rates 2011 Taxable Income   2011 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible
Dividends
Small
Business
Dividends
Eligible
Dividends
Small
Business
Dividends
first $40,721 19.00% 9.50% -2.11% 2.08% first $39,612 19.00% 9.50% -4.58% 2.08%
over $40,721 up to $42,707 22.00% 11.00% 2.03% 5.83% over $39,612 up to $41,544 22.00% 11.00% -0.35% 5.83%
over $42,707 up to $81,442 29.00% 14.50% 11.69% 14.58% over $41,544 up to $79,224 29.00% 14.50% 9.52% 14.58%
over $81,442 up to $85,414 31.00% 15.50% 14.45% 17.08% over $79,224 up to $83,088 31.00% 15.50% 12.34% 17.08%
over $85,414 up to $132,406 35.00% 17.50% 19.97% 22.08% over $83,088 up to $128,800 35.00% 17.50% 17.98% 22.08%
over $132,406 40.50% 20.25% 27.56% 28.96% over $128,800 40.50% 20.25% 25.73% 28.96%

Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount).
Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).

NU Basic Personal Amount
2012 Tax Rate 2011 Tax Rate
$12,211 4.00% $11,878 4.00%
Federal Basic Personal Amount
2012 Tax Rate 2011 Tax Rate
$10,822 15.00% $10,527 15.00%

The Nunavut and Federal tax brackets and personal amounts were increased for 2012 by an indexation factor of 1.028.  Nunavut uses the Federal indexation factor.

Yukon 2012 and 2011 Marginal Tax Rates

Yukon (YT)
Personal Income Tax Brackets and Rates Before Surtax
2012 Taxable Income   2012 Tax Rates 2011 Taxable Income   2011 Tax Rates
first $42,707 7.04% first $41,544 7.04%
over $42,707 up to $85,414 9.68% over $41,544 up to $83,088 9.68%
over $85,414 up to $132,406 11.44% over $83,088 up to $128,800 11.44%
over $132,406 12.76% over $128,800 12.76%
Yukon (YT)
Combined Federal & Territorial Tax Rates
2012 Taxable Income   2012 Marginal Tax Rates 2011 Taxable Income   2011 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible
Dividends
Non-Eligible
Dividends
Eligible
Dividends
Non-Eligible
Dividends
first $42,707 22.04% 11.02% -11.12% 5.25% first $41,544 22.04% 11.02% -13.36% 5.25%
over $42,707 up to $81,497 31.68% 15.84% 2.18% 17.30% over $41,544 up to $80,966 31.68% 15.84% 0.23% 17.30%
over $81,497 up to $85,414 32.16% 16.08% 1.81% 17.62% over $80,966 up to $83,088 32.16% 16.08% -0.15% 17.62%
over $85,414 up to $132,406 38.01% 19.01% 9.88% 24.93% over $83,088 up to $128,800 38.01% 19.01% 8.10% 24.93%
over $132,406 42.40% 21.20% 15.93% 30.41% over $128,800 42.40% 21.20% 14.28% 30.41%

Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount).
Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).

YT Surtax
2012 2011
YT surtax rate (included in all above rates) 5% YT surtax rate (included in all above rates) 5%
Surtax is on YT tax greater than $ 6,000 Surtax is on YT tax greater than $ 6,000
Person with only basic personal amount - surtax starts at taxable income of $ 81,497 Person with only basic personal amount - surtax starts at taxable income of $ 80,966
YT Basic Personal Amount
2012 Tax Rate 2011 Tax Rate
$10,822 7.04% $10,527 7.04%
Federal Basic Personal Amount
2012 Tax Rate 2011 Tax Rate
$10,822 15.00% $10,527 15.00%

The Yukon and Federal tax brackets and personal amounts were increased for 2012 by an indexation factor of 1.028.  Yukon uses the Federal indexation factor.

Revised: September 20, 2017

 

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