Ads keep this website free for you.
TaxTips.ca does not research or endorse any product or service appearing in ads on this site.  Before making a major financial decision you  should consult a qualified professional.

Yukon Personal Tax Rates TaxTips.ca
Canadian Tax and
Financial Information
TaxTips.ca Home

What's New

Links & Resources

Site Map / Navigation

Need an accounting, tax or financial advisor? Look in our Directory.  Use above search box to easily find your topic!   Stay Connected with TaxTips.ca!

 

Home  ->  Territories   ->   Yukon

Tax Rates   ->   Current Marginal Tax Rates -> Yukon

Yukon 2025 and 2024 Tax Rates & Tax Brackets

The Federal and Yukon tax brackets and personal tax credit amounts are increased for 2025 by an indexation factor of 1.027 (2.7% increase), except for the Yukon amount of $500,000, which is equal to the corporate small business limit.

Yukon uses the Federal tax brackets for their first 3 tax brackets.

See the Canada Federal Personal Tax Rates page for information on the Capital Gains Inclusion Rate Change.

See Indexation of the Personal Income Tax System for how the indexation factors are calculated.

The Federal indexation factors, tax brackets and tax rates for 2025 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 or the Detailed Tax Calculators.

TaxTips.ca - Yukon Tax Rates
2025 Taxable Income 2024 Tax Rates 2024 Taxable Income 2024 Tax Rates
first $57,375 6.40% first $55,867 6.40%
over $57,375 up to $114,750 9.00% over $55,867 up to $111,733 9.00%
over $114,750 up to $177,882 10.90% over $111,733 up to $173,205 10.90%
over $177,882 up to $253,414 12.93% over $173,205 up to $246,752 12.93%
over $253,414 up to $500,000 12.80% over $246,752 up to $500,000 12.80%
over $500,000 15.00% over $500,000 15.00%

 

TaxTips.ca - Combined Federal & Yukon Tax Brackets and Tax Rates
2025 Taxable Income (1) YT 2025 Marginal Tax Rates 2024 Taxable Income (1) YT 2024 Marginal Tax Rates
Other
Income
Capital Gains Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
First
$250K
Excess
Over
$250K
Eligible Non-Eligible All Pre-
Jun 25
>$250K
Post-
Jun 24
Eligible Non-Eligible
first $57,375 21.40% 10.70% 14.27% -7.78% 13.45% first $55,867 21.40% 10.70% 14.27% -7.78% 13.45%
over $57,375 up to $114,750 29.50% 14.75% 19.67% 3.40% 22.77% over $55,867 up to $111,733 29.50% 14.75% 19.67% 3.40% 22.77%
over $114,750 up to $177,882 36.90% 18.45% 24.60% 13.61% 31.28% over $111,733 up to $173,205 36.90% 18.45% 24.60% 13.61% 31.28%
over $177,882 up to $253,414 42.25% 21.13% 28.17% 20.99% 37.43% over $173,205 up to $246,752 42.25% 21.13% 28.17% 20.99% 37.43%
over $253,414 up to $500,000 45.80% 22.90% 30.53% 25.89% 41.51% over $246,752 up to $500,000 45.80% 22.90% 30.53% 25.89% 41.51%
over $500,000 48.00% 24.00% 32.00% 28.93% 44.04% over $500,000 48.00% 24.00% 32.00% 28.93% 44.04%
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 Yukon Dividend Tax Credits.
Copyright © 2002 Boat Harbour Investments Ltd.

 

Yukon Basic Personal Amount
2025 Personal Amount (1)
Minimum / Maximum
2025 Tax Rate 2024 Personal Amount (1)
Minimum / Maximum
2024 Tax Rate
$14,539 $16,129 6.4% $14,156 $15,705 6.4%

 

Federal Basic Personal Amount
2025 Personal Amount (1)
Minimum / Maximum
2025 Tax Rate 2024 Personal Amount (1)
Minimum / Maximum
2024 Tax Rate
$14,538 $16,129 15% $14,156 $15,705 15%

(1) See the federal tax rates page for information on the enhanced federal and Yukon basic personal amounts (BPAs), 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.

The Yukon BPA mirrors the changes in the federal BPA.

Copyright © 2002 Boat Harbour Investments Ltd.

Revised: November 16, 2024

 

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

Facebook  | Twitter  |  See What’s New, stay connected with TaxTips.ca by RSS or Email
The information on this site is not intended to be a substitute for professional advice.  Each person's situation differs, and a professional advisor can assist you in using the information on this web site to your best advantage. 
Please see our legal disclaimer regarding the use of information on our site, and our Privacy Policy regarding information that may be collected from visitors to our site.