Territories -> Yukon Territory
Tax Rates -> 2014 and 2015 Marginal Tax Rates -> Yukon Territory
Yukon 2014 and 2015 Personal Marginal Income Tax Rates
The Yukon tax brackets and personal tax credits were increased for 2015 by an indexation factor of 1.017. Yukon 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.
Yukon Personal Income Tax Brackets and Tax Rates Before Surtax |
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| 2015 Taxable Income | 2015 Tax Rates | 2014 Taxable Income | 2014 Tax Rates | ||||||
| first $44,701 | 6.40% | first $43,953 | 7.04% | ||||||
| over $44,701 up to $89,401 | 9.00% | over $43,953 up to $87,907 | 9.68% | ||||||
| over $89,401 up to $138,586 | 10.90% | over $87,907 up to $136,270 | 11.44% | ||||||
| over $138,586 up to $500,000 | 12.80% | over $136,270 | 12.76% | ||||||
| over $500,000 | 15.00% |
<- New tax bracket as per Yukon 2015 Budget |
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Combined Federal & Yukon Tax Brackets and Tax Rates (Including Surtax for 2014) |
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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 $44,701 | 21.40% | 10.70% | -11.89% | 8.51% | first $43,953 | 22.04% | 11.02% | -11.12% | 8.25% |
| over $44,701 up to $89,401 | 31.00% | 15.50% | 1.35% | 19.83% | over $43,953 up to $82,073 | 31.68% | 15.84% | 2.18% | 19.63% |
| over $89,401 up to $138,586 | 36.90% | 18.45% | 9.50% | 26.80% | over $82,073 up to $87,907 | 32.16% | 16.08% | 1.81% | 19.96% |
| over $138,586 up to $500,000 | 41.80% | 20.90% | 16.26% | 32.58% | over $87,907 up to $136,270 | 38.01% | 19.01% | 9.88% | 26.86% |
| over $500,000 | 44.00% | 22.00% | 19.29% | 35.17% | over $136,270 | 42.40% | 21.20% | 15.93% | 32.04% |
|
The 2015 income tax rates were
revised by the Yukon 2015 Budget, which
included cancellation of the surtax. |
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Yukon Surtax |
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| 2015 | 2014 | ||||||||
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The Yukon surtax is repealed as per the 2015 Budget. |
Surtax rate (included in above rates) | 5% | |||||||
| Surtax is on YT tax greater than | $6,000 | ||||||||
| Person with only basic personal amount - surtax starts at taxable income of | $82,073 | ||||||||
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Yukon Basic Personal Amount |
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| 2015 | Tax Rate | 2014 | Tax Rate | ||||||
| $11,327 | 6.40% | $11,138 | 7.04% | ||||||
|
Federal Basic Personal Amount |
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| 2015 | Tax Rate | 2014 | Tax Rate | ||||||
| $11,327 | 15% | $11,138 | 15% | ||||||
Revised: October 26, 2023