CRA & Revenu Québec

Nunavut Income Tax Brackets, Tax Rates, and Credits

Did you know that Nunavut means “many fish” in Inuktitut? Well, then you may be from this remote Canadian territory!

Nunavut has a tax system similar to other Canadian provinces. Many of the provincial taxes and credits for residents of Nunavut compliment similar credits at the federal level, but there are some unique credits for residents of Nunavut.

Progressive Tax Rate Structure

As with most provinces, Nunavut uses a progressive tax structure. The tax brackets increase each year, based on inflation. Visit the government of Nunavut’s Personal Income Tax page for this year’s tax bracket rates.

Nunavut’s Income Tax Rates for the 2019 Tax Year

  • 4% on the first portion of taxable income that is $45,414 or less
  • 7% on the portion that is more than $45,414 up to $90,829
  • 9% on the portion that is more than $90,829 up to $147,667
  • 11.5% on the portion of taxable income more than $147,667

Nunavut Tax Credits

  • Cost of living tax credit: Residents can claim a refundable tax credit up to $1,200 to offset the high cost of living in Nunavut.
  • Cost of living supplement for single parents: Single parents with more than $60,000 in adjusted net income can claim a refundable tax credit of up to $255.12.
  • Volunteer Firefighters Tax Credit: All full-time and part-time volunteer firefighters who complete at least 200 hours of community service, including training are eligible to claim a $586 non-refundable tax credit. This credit is indexed to inflation annually.
  • Education and textbook tax credits: Full-time post-secondary students can deduct $465 per month they are in school from their taxable income. Part-time students can deduct $140 per month they are in school.

For more details, please click here.

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References & Resources:

Provincial tax brackets

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