This is income tax calculator for Yukon residents in year 2012-2023. Current tax rates in Yukon and federal tax rates are listed below and check.
IMPORTANT: This tax calculator is used for income tax estimation. Please use Intuit TurboTax if you want to fill your tax return and get tax rebate for previous year. It is free for simple tax returns or gives you 15% discount for more complicated tax returns.
Here is list of free netfile software to file your tax return.
Yukon income tax rates 2023
Yukon indexes its tax brackets using the same formula as that used federally. The inflation factor was 6.3% for 2023. Basic personal amount is $15,000.
| Taxable income | Rate |
|---|---|
| from $0 to $53,359 | 6.40% |
| from $53,360 to $106,717 | 9.00% |
| from $106,718 to $165,430 | 10.90% |
| from $165,431 to $500,000 | 12.80% |
| over $500,000 | 15.00% |
Federal income tax rates in Canada for 2023
In 2023 Canadian federal income tax brackets and base amount were increased by 6.3%.
Federal personal base amount is $15,000.
| Taxable income | Rate |
|---|---|
| 0 – $53,359 | 15.00% |
| $53,359 – $106,717 | $5,753.85 + 20.50% for income over $53,359 |
| $106,717 – $165,430 | $16,692.24 + 26.00% for income over $106,717 |
| $165,430 – $235,675 | $31,957.62 + 29.00% for income over $165,430 |
| over $235,675 | $52,328.67 + 33.00% for income of $235,675 and over |
Historical Yukon tax brackets are listed here and historical federal tax brackets and rates can be found here.