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Nunavut   ->   Tax Rates   ->   2016 & 2017 Marginal Tax Rates -> Nunavut 2016 & 2017 Income Tax Rates

Nunavut 2016 and 2017 Personal Marginal Income Tax Rates

The Federal and Nunavut tax brackets and personal amount are increased for 2017 by an indexation factor of 1.014.  Nunavut uses the Federal indexation factor.  The indexation factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency information.

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

Nunavut Personal Income Tax Brackets and Tax Rates

2017 Taxable Income 2017 Tax Rates 2016 Taxable Income 2016 Tax Rates
first $43,780 4.0% first $43,176 4.0%
over $43,780 up to $87,560 7.0% over $43,176 up to $86,351 7.0%
over $87,560 up to $142,353 9.0% over $86,351 up to $140,388 9.0%
over $142,353 11.5% over $140,388 11.5%

Combined Federal & Nunavut Tax Brackets and Tax Rates

2017 Taxable Income 2017 Marginal Tax Rates 2016 Taxable Income 2016 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $43,780 19.0% 9.50% -2.11% 6.52% first $43,176 19.0% 9.50% -2.11% 6.52%
over $43,780 up to $45,916 22.0% 11.00% 2.03% 10.03% over $43,176 up to $45,282 22.0% 11.00% 2.03% 10.03%
over $45,916 up to $87,560 27.5% 13.75% 9.62% 16.46% over $45,282 up to $86,351 27.5% 13.75% 9.62% 16.46%
over $87,560 up to $91,831 29.5% 14.75% 12.38% 18.80% over $86,351 up to $90,563 29.5% 14.75% 12.38% 18.80%
over $91,831 up to $142,353 35.0% 17.50% 19.97% 25.24% over $90,563 up to $140,388 35.0% 17.50% 19.97% 25.24%
over $142,353 up to $202,800 40.5% 20.25% 27.56% 31.67% over $140,388 up to $200,000 40.5% 20.25% 27.56% 31.67%
over $202,800 44.5% 22.25% 33.08% 36.35% over $200,000 44.5% 22.25% 33.08% 36.35%

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 17%.
For more information see Nunavut dividend tax credits.

Nunavut Basic Personal Amount

2017 Personal Amount 2017 Tax Rate 2016 Personal Amount 2016 Tax Rate
$13,128 4% $12,947 4%

Federal Basic Personal Amount

2017 Personal Amount 2017 Tax Rate 2016 Personal Amount 2016 Tax Rate
$11,635 15% $11,474 15%
 

Copyright © 2002 Boat Harbour Investments Ltd.

Revised: October 26, 2023

Copyright © 2002 Boat Harbour Investments Ltd. All Rights Reserved.  See Reproduction of information from TaxTips.ca

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