Territories -> Northwest Territories
Tax Rates -> 2014 and 2015 Marginal Tax Rates -> Northwest Territories
Northwest Territories
The Northwest Territories tax brackets and personal tax credits were increased for 2015 by an indexation factor of 1.017. Northwest Territories uses the Federal indexation factor. The indexation factor, bracket thresholds and personal amounts for 2015 have been confirmed to Canada Revenue Agency amounts.
Please read the article Understanding the Tables of Personal Income Tax Rates.
Northwest Territories Personal Income Tax Brackets and Tax Rates |
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| 2015 Taxable Income | 2015 Tax Rates | 2014 Taxable Income | 2014 Tax Rates | ||||||
| first $40,484 | 5.90% | first $39,808 | 5.90% | ||||||
| over $40,484 up to $80,971 | 8.60% | over $39,808 up to $79,618 | 8.60% | ||||||
| over $80,971 up to $131,641 | 12.20% | over $79,618 up to $129,441 | 12.20% | ||||||
| over $131,641 | 14.05% | over $129,441 | 14.05% | ||||||
Combined Federal & Northwest Territories Tax Brackets and Tax Rates |
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| 2015 Taxable Income | 2015 Marginal Tax Rates | 2014 Taxable Income | 2014 Marginal Tax Rates | ||||||
| Other Income |
Capital Gains |
Canadian Dividends | Other Income |
Capital Gains |
Canadian Dividends | ||||
| Eligible | Non-Eligible | Eligible | Non-Eligible | ||||||
| first $40,484 | 20.90% | 10.45% | -7.76% | 4.58% | first $39,808 | 20.90% | 10.45% | -7.76% | 4.58% |
| over $40,484 up to $44,701 | 23.60% | 11.80% | -4.03% | 7.77% | over $39,808 up to $43,953 | 23.60% | 11.80% | -4.03% | 7.77% |
| over $44,701 up to $80,971 | 30.60% | 15.30% | 5.63% | 16.03% | over $43,953 up to $79,618 | 30.60% | 15.30% | 5.63% | 16.03% |
| over $80,971 up to $89,401 | 34.20% | 17.10% | 10.60% | 20.28% | over $79,618 up to $87,907 | 34.20% | 17.10% | 10.60% | 20.28% |
| over $89,401 up to $131,641 | 38.20% | 19.10% | 16.12% | 25.00% | over $87,907 up to $129,441 | 38.20% | 19.10% | 16.12% | 25.00% |
| over $131,641 up to $138,586 | 40.05% | 20.03% | 18.67% | 27.18% | over $129,441 up to $136,270 | 40.05% | 20.03% | 18.67% | 27.18% |
| over $138,586 | 43.05% | 21.53% | 22.81% | 30.72% | over $136,270 | 43.05% | 21.53% | 22.81% | 30.72% |
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Marginal tax rate for dividends is a % of actual
dividends received (not grossed-up amount). |
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Northwest Territories Basic Personal Amount |
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| 2015 | Tax Rate | 2014 | Tax Rate | ||||||
| $13,900 | 5.90% | $13,668 | 5.90% | ||||||
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Federal Basic Personal Amount |
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| 2015 | Tax Rate | 2014 | Tax Rate | ||||||
| $11,327 | 15% | $11,138 | 15% | ||||||
Revised: October 26, 2023