TaxTips.ca - Territories 2014 and 2013 Personal Marginal Income Tax Rates

Northwest Territories 2014 and 2013 Marginal Tax Rates
Northwest Territories (NT) Personal Income Tax Brackets and Tax Rates
2014 Taxable Income			2014 Tax Rates		2013 Taxable Income			2013 Tax Rates
first $39,808			5.90%		first $39,453			5.90%
over $39,808 up to $79,618			8.60%		over $39,453 up to $78,908			8.60%
over $79,618 up to $129,441			12.20%		over $78,908 up to $128,286			12.20%
over $129,441			14.05%		over $128,286			14.05%
Northwest Territories (NT) Combined Federal & Territorial Tax Brackets and Tax Rates
2014 Taxable Income	2014 Marginal Tax Rates				2013 Taxable Income	2013 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 $39,808	20.90%	10.45%	-7.76%	4.58%	first $39,453	20.90%	10.45%	-7.76%	1.96%
over $39,808 up to $43,953	23.60%	11.80%	-4.03%	7.77%	over $39,453 up to $43,561	23.60%	11.80%	-4.03%	5.33%
over $43,953 up to $79,618	30.60%	15.30%	5.63%	16.03%	over $43,561 up to $78,908	30.60%	15.30%	5.63%	14.08%
over $79,618 up to $87,907	34.20%	17.10%	10.60%	20.28%	over $78,908 up to $87,123	34.20%	17.10%	10.60%	18.58%
over $87,907 up to $129,441	38.20%	19.10%	16.12%	25.00%	over $87,123 up to $128,286	38.20%	19.10%	16.12%	23.58%
over $129,441 up to $136,270	40.05%	20.03%	18.67%	27.18%	over $128,286 up to $135,054	40.05%	20.03%	18.67%	25.90%
over $136,270	43.05%	21.53%	22.81%	30.72%	over $135,054	43.05%	21.53%	22.81%	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). Note: Gross-up rate for non-eligible dividends is 18% in 2014, 25% in 2013. For more information see NT non-eligible dividend tax credit.
NT Basic Personal Amount
2014	Tax Rate				2013	Tax Rate
$13,668	5.90%				$13,546	5.90%
Federal Basic Personal Amount
2014	Tax Rate				2013	Tax Rate
$11,138	15.00%				$11,038	15.00%
The NWT and Federal tax brackets and personal amounts were increased for 2014 by an indexation factor of 1.009. NWT uses the Federal indexation factor. Note: 2014 Non-eligible dividend rates revised Feb 24, 2014.
Nunavut 2014 and 2013 Marginal Tax Rates
Nunavut (NU) Personal Income Tax Brackets and Rates
2014 Taxable Income			2014 Tax Rates		2013 Taxable Income			2013 Tax Rates
first $41,909			4.00%		first $41,535			4.00%
over $41,909 up to $83,818			7.00%		over $41,535 up to $83,071			7.00%
over $83,818 up to $136,270			9.00%		over $83,071 up to $135,054			9.00%
over $136,270			11.50%		over $135,054			11.50%
Nunavut (NU) Combined Federal & Territorial Tax Rates
2014 Taxable Income	2014 Marginal Tax Rates				2013 Taxable Income	2013 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 $41,909	19.00%	9.50%	-2.11%	5.82%	first $41,535	19.00%	9.50%	-2.11%	2.08%
over $41,909 up to $43,953	22.00%	11.00%	2.03%	9.36%	over $41,535 up to $43,561	22.00%	11.00%	2.03%	5.83%
over $43,953 up to $83,818	29.00%	14.50%	11.69%	17.62%	over $43,561 up to $83,071	29.00%	14.50%	11.69%	14.58%
over $83,818 up to $87,907	31.00%	15.50%	14.45%	19.98%	over $83,071 up to $87,123	31.00%	15.50%	14.45%	17.08%
over $87,907 up to $136,270	35.00%	17.50%	19.97%	24.70%	over $87,123 up to $135,054	35.00%	17.50%	19.97%	22.08%
over $136,270	40.50%	20.25%	27.56%	31.19%	over $135,054	40.50%	20.25%	27.56%	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). Note: Gross-up rate for non-eligible dividends is 18% in 2014, 25% in 2013. For more information see NU non-eligible dividend tax credit.
NU Basic Personal Amount
2014	Tax Rate				2013	Tax Rate
$12,567	4.00%				$12,455	4.00%
Federal Basic Personal Amount
2014	Tax Rate				2013	Tax Rate
$11,138	15.00%				$11,038	15.00%
The Nunavut and Federal tax brackets and personal amounts were increased for 2014 by an indexation factor of 1.009. Nunavut uses the Federal indexation factor.
Yukon 2014 and 2013 Marginal Tax Rates
Yukon (YT) Personal Income Tax Brackets and Rates Before Surtax
2014 Taxable Income			2014 Tax Rates		2013 Taxable Income			2013 Tax Rates
first $43,953			7.04%		first $43,561			7.04%
over $43,953 up to $87,907			9.68%		over $43,561 up to $87,123			9.68%
over $87,907 up to $136,270			11.44%		over $87,123 up to $135,054			11.44%
over $136,270			12.76%		over $135,054			12.76%
Yukon (YT) Combined Federal & Territorial Tax Rates
2014 Taxable Income	2014 Marginal Tax Rates				2013 Taxable Income	2013 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 $43,953	22.04%	11.02%	-11.12%	8.25%	first $43,561	22.04%	11.02%	-11.12%	5.25%
over $43,953 up to $82,073	31.68%	15.84%	2.18%	19.63%	over $43,561 up to $81,888	31.68%	15.84%	2.18%	17.30%
over $82,073 up to $87,907	32.16%	16.08%	1.81%	19.96%	over $81,888 up to $87,123	32.16%	16.08%	1.81%	17.62%
over $87,907 up to $136,270	38.01%	19.01%	9.88%	26.86%	over $87,123 up to $135,054	38.01%	19.01%	9.88%	24.93%
over $136,270	42.40%	21.20%	15.93%	32.04%	over $135,054	42.40%	21.20%	15.93%	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). Note: Gross-up rate for non-eligible dividends is 18% in 2014, 25% in 2013. For more information see YT non-eligible dividend tax credit.
YT Surtax
2014					2013
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				$ 82,073	Person with only basic personal amount - surtax starts at taxable income of				$ 81,888
YT Basic Personal Amount
2014	Tax Rate				2013	Tax Rate
$11,138	7.04%				$11,038	7.04%
Federal Basic Personal Amount
2014	Tax Rate				2013	Tax Rate
$11,138	15.00%				$11,038	15.00%
The Yukon and Federal tax brackets and personal amounts were increased for 2014 by an indexation factor of 1.009. Yukon uses the Federal indexation factor.

Northwest Territories 2014 and 2013 Marginal Tax Rates

Northwest Territories (NT)
Personal Income Tax Brackets and Tax Rates

Northwest Territories (NT)
Combined Federal & Territorial Tax Brackets and Tax Rates

Nunavut 2014 and 2013 Marginal Tax Rates

Yukon 2014 and 2013 Marginal Tax Rates

Territories -> Tax Rates -> 2013 and 2014 Marginal Tax Rates -> Northwest Territories, Nunavut and Yukon Personal Income Tax Rates

Territories 2013 and 2014 Personal Marginal Income Tax Rates

Territories -> Tax Rates -> 2013 and 2014 Marginal Tax Rates -> Northwest Territories, Nunavut and Yukon Personal Income Tax Rates

Territories 2013 and 2014 Personal Marginal Income Tax Rates

Northwest Territories 2014 and 2013 Marginal Tax Rates

Northwest Territories (NT) Personal Income Tax Brackets and Tax Rates

Northwest Territories (NT) Combined Federal & Territorial Tax Brackets and Tax Rates

Nunavut 2014 and 2013 Marginal Tax Rates

Yukon 2014 and 2013 Marginal Tax Rates

Northwest Territories (NT)
Personal Income Tax Brackets and Tax Rates

Northwest Territories (NT)
Combined Federal & Territorial Tax Brackets and Tax Rates