Nunavut 2023 and 2022 Tax Rates & Tax Brackets

The Federal and Nunavut tax brackets and personal tax credit amounts are increased for 2023 by an indexation factor of 1.063 (6.3% increase).

Nunavut uses the Federal indexation factor.

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

The indexation factors, tax brackets and tax rates for 2023 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 - Nunavut Tax Rates
2023 Taxable Income	2023 Tax Rates	2022 Taxable Income	2022 Tax Rates
first $50,877	4.0%	first $47,862	4.0%
over $50,877 up to $101,754	7.0%	over $47,862 up to $95,724	7.0%
over $101,754 up to $165,429	9.0%	over $95,724 up to $155,625	9.0%
over $165,429	11.5%	over $155,625	11.5%

TaxTips.ca - Combined Federal & Nunavut Tax Brackets and Tax Rates
2023 Taxable Income (1)	NU 2023 Marginal Tax Rates				2022 Taxable Income (1)	NU 2022 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 $50,877	19.00%	9.50%	-2.11%	8.46%	first $47,862	19.00%	9.50%	-2.11%	8.46%
over $50,877 up to $53,359	22.00%	11.00%	2.03%	11.91%	over $47,862 up to $50,197	22.00%	11.00%	2.03%	11.91%
over $53,359 up to $101,754	27.50%	13.75%	9.62%	18.24%	over $50,197 up to $95,724	27.50%	13.75%	9.62%	18.24%
over $101,754 up to $106,717	29.50%	14.75%	12.38%	20.54%	over $95,724 up to $100,392	29.50%	14.75%	12.38%	20.54%
over $106,717 up to $165,429	35.00%	17.50%	19.97%	26.86%	over $100,392 up to $155,625	35.00%	17.50%	19.97%	26.86%
over $165,429 up to $235,675	40.82%	20.41%	28.00%	33.56%	over $155,625 up to $221,708	40.88%	20.44%	28.08%	33.63%
over $235,675	44.50%	22.25%	33.08%	37.79%	over $221,708	44.50%	22.25%	33.08%	37.79%
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). Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 15%. For more information see Nunavut dividend tax credits. Copyright © 2002 Boat Harbour Investments Ltd.
TaxTips.ca Nunavut Basic Personal Amount
2023 Personal Amount	2023 Tax Rate				2022 Personal Amount	2022 Tax Rate
$17,925	4%				$16,862	4%
Federal Basic Personal Amount
2023 Personal Amount (1)	2023 Tax Rate				2022 Personal Amount (1)	2022 Tax Rate
$15,000	15%				$14,398	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: October 26, 2023