Northwest Territories 2022 and 2021 Personal Marginal Income Tax Rates

The Federal and Northwest Territories tax brackets and personal tax credit amounts are increased for 2022 by an indexation factor of 1.024 (a 2.4% increase).

Northwest Territories uses the Federal indexation factor.

The indexation factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency information.

Tax Tip: read the article Understanding the Tables of Personal Income Tax Rates, especially if you are trying to compare the rates below to the marginal tax rates in the Basic Tax Calculator.

TaxTips.ca - Northwest Territories Personal Income Tax Brackets and Tax Rates
2022 Taxable Income	2022 Tax Rates	2021 Taxable Income	2021 Tax Rates
first $45,462	5.90%	first $44,396	5.90%
over $45,462 up to $90,927	8.60%	over $44,396 up to $88,796	8.60%
over $90,927 up to $147,826	12.20%	over $88,796 up to $144,362	12.20%
over $147,826	14.05%	over $144,362	14.05%

TaxTips.ca - Combined Federal & Northwest Territories Tax Brackets and Tax Rates
2022 Taxable Income	NT 2022 Marginal Tax Rates				2021 Taxable Income	NT 2021 Marginal Tax Rates
	Other Income	Capital Gains	Canadian Dividends			Other Income	Capital Gains	Canadian Dividends
	Other Income	Capital Gains	Eligible	Non-Eligible		Other Income	Capital Gains	Eligible	Non-Eligible
first $45,462	20.90%	10.45%	-7.76%	6.75%	first $44,396	20.90%	10.45%	-7.76%	6.75%
over $45,462 up to $50,197	23.60%	11.80%	-4.03%	9.86%	over $44,396 up to $49,020	23.60%	11.80%	-4.03%	9.86%
over $50,197 up to $90,927	29.10%	14.55%	3.56%	16.18%	over $49,020 up to $88,796	29.10%	14.55%	3.56%	16.18%
over $90,927 up to $100,392	32.70%	16.35%	8.53%	20.32%	over $88,796 up to $98,040	32.70%	16.35%	8.53%	20.32%
over $100,392 up to $147,826	38.20%	19.10%	16.12%	26.65%	over $98,040 up to $144,362	38.20%	19.10%	16.12%	26.65%
over $147,826 up to $155,625	40.05%	20.03%	18.67%	28.77%	over $144,362 up to $151,978	40.05%	20.03%	18.67%	28.77%
over $155,625 up to $221,708	43.43%	21.72%	23.33%	32.66%	over $151,978 up to $216,511	43.37%	21.69%	23.25%	32.59%
over $221,708	47.05%	23.53%	28.33%	36.82%	over $216,511	47.05%	23.53%	28.33%	36.82%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up taxable 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 15%. For more information see Northwest Territories dividend tax credits.
Northwest Territories Basic Personal Amount
2022 Personal Amount	2022 Tax Rate				2021 Personal Amount	2021 Tax Rate
$15,609	5.90%				$15,243	5.90%
Federal Basic Personal Amount
2022 Personal Amount (1)	2022 Tax Rate				2021 Personal Amount (1)	2021 Tax Rate
$14,398	15%				$13,808	15%

(1) See the federal tax rates page for information on the enhanced federal personal amount, which increases the marginal tax rates for taxable incomes in the second highest federal tax bracket. The marginal tax rates in blue above have been adjusted to reflect these changes.

Revised: September 20, 2024