Yukon Territory -> Tax Rates -> 2016 & 2017 Marginal Tax Rates -> Yukon 2016 & 2017 Income Tax Rates
Yukon 2016 and 2017 Personal Marginal Income Tax Rates
The Federal and Yukon tax brackets and personal tax credits are increased for 2017 by an indexation factor of 1.014, except for the Yukon amount of $500,000, which is equal to the corporate small business limit. Yukon uses the Federal indexation factor. The indexation factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency information.
Yukon's top tax threshold, as per s. 6(2)(b) of their Income Tax Act, is equal to the Small Business Limit. The top tax rate is now set at 15%, effective January 1, 2017, instead of being equal to the general corporate tax rate.
The 2016 marginal tax rate for non-eligible dividends reflects the rate that is in effect automatically due to the change in the gross-up rate and federal small business corporate income tax rate for 2016. The Yukon legislation automatically adjusts the dividend tax credit based on these changes.
Please read the article Understanding the Tables of Personal Income Tax Rates.
Yukon Personal Income Tax Brackets and Tax Rates |
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| 2017 Taxable Income | 2017 Tax Rates | 2016 Taxable Income | 2016 Tax Rates | ||||||
| first $45,916 | 6.40% | first $45,282 | 6.40% | ||||||
| over $45,916 up to $91,831 | 9.00% | over $45,282 up to $90,563 | 9.00% | ||||||
| over $91,831 up to $142,353 | 10.90% | over $90,563 up to $140,388 | 10.90% | ||||||
| over $142,353 up to $500,000 | 12.80% | over $140,388 up to $500,000 | 12.80% | ||||||
| over $500,000 | 15.00% | over $500,000 | 15.00% | ||||||
Combined Federal & Yukon Tax Brackets and Tax Rates |
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| 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 $45,916 | 21.40% | 10.70% | -11.89% | 9.05% | first $45,282 | 21.40% | 10.70% | -11.89% | 9.05% |
| over $45,916 up to $91,831 | 29.50% | 14.75% | -0.72% | 18.53% | over $45,282 up to $90,563 | 29.50% | 14.75% | -0.72% | 18.53% |
| over $91,831 up to $142,353 | 36.90% | 18.45% | 9.50% | 27.19% | over $90,563 up to $140,388 | 36.90% | 18.45% | 9.50% | 27.19% |
| over $142,353 up to $202,800 | 41.80% | 20.90% | 16.26% | 32.92% | over $140,388 up to $200,000 | 41.80% | 20.90% | 16.26% | 32.92% |
| over $202,800 up to $500,000 | 45.80% | 22.90% | 21.78% | 37.60% | over $200,000 up to $500,000 | 45.80% | 22.90% | 21.78% | 37.60% |
| over $500,000 | 48.00% | 24.00% | 24.81% | 40.18% | over $500,000 | 48.00% | 24.00% | 24.81% | 40.18% |
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Marginal tax rate for dividends is a % of actual
dividends received (not grossed-up amount). |
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Yukon Basic Personal Amount |
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| 2017 Personal Amount | 2017 Tax Rate | 2016 Personal Amount | 2016 Tax Rate | ||||||
| $11,635 | 6.40% | $11,474 | 6.40% | ||||||
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Federal Basic Personal Amount |
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| 2017 Personal Amount | 2017 Tax Rate | 2016 Personal Amount | 2016 Tax Rate | ||||||
| $11,635 | 15% | $11,474 | 15% | ||||||
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Revised: October 26, 2023