CRA & Revenu Québec

Yukon: Personal Income Tax Brackets, Tax Rates, and Credits

TurboTax Canada
TurboTax Canada
Posted: January 3, 2020
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If you find yourself wishing there were more hours in day, you should check out Yukon. Also known as the “land of the midnight sun”, Yukon boasts almost continuous sun for three months a year.

Yukon has a tax system similar to other Canadian provinces.

Many of the provincial taxes and credits for residents of Yukon compliment similar credits at the federal level, but there are many unique credits for residents of Yukon.

Progressive Tax Rate Structure

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

Yukon’s Income Tax Brackets and Rates for 2019

  • 6.4% on the first portion of your taxable income up to $47,630
  • 9% on the next portion over $47,630 up to $95,259
  • 10.9% on the next portion over $95,259 up to $147,667
  • 12.8% on the next portion over $147,667 up to $500,000
  • 15% on the portion of taxable income over $500,000

Yukon Tax Credits

  • First Nations Income Tax Credit: This credit is available to people living on Yukon First Nations Settlement Lands of an eligible First Nation. Learn more.

To learn more about the Yukon Tax Credits, please click here.

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References & Resources:

Provincial tax brackets

Looking for an income tax calculator for your province or territory?