| |
2008 |
2009 |
| |
Federal |
NWT |
Federal |
NWT |
| Tax Rates (%) |
|
| 1st |
15 |
5.9 |
15 |
5.9 |
| 2nd |
22 |
8.6 |
22 |
8.6 |
| 3rd |
26 |
12.2 |
26 |
12.2 |
| 4th |
29 |
14.05 |
29 |
14.05 |
| |
| Tax Brackets |
|
| 1st |
$37,885 |
$35,986 |
$40,726 |
$36,885 |
| 2nd |
$75,769 |
$71,973 |
$81,452 |
$73,772 |
| 3rd |
$123,184 |
$117,011 |
$126,264 |
$119,936 |
| |
| Amounts |
|
| Basic personal amount |
$9,600 |
$12,355 |
$10,320 |
$12,664 |
| Spousal amount |
$9,600 |
$12,355 |
$10,320 |
$12,664 |
| Equivalent to married amount |
$9,600 |
$12,355 |
$10,320 |
$12,664 |
| Age amount |
$5,276 |
$6,044 |
$6,408 |
$6,195 |
| Disability amount |
$7,021 |
$10,020 |
$7,196 |
$10,270 |
| Caregiver amount |
$4,095 |
$4,095 |
$4,198 |
$4,198 |
| Infirm dependent amount |
$4,095 |
$4,095 |
$4,198 |
$4,198 |
| Pension income amount |
$2,000 |
$1,000 |
$2,000 |
$1,000 |
| Tuition & education transfer amount |
$5,000 |
$5,000 |
$5,000 |
$5,000 |
| Charitable donations (%) |
|
| - first $200 |
15 |
5.9 |
15 |
5.9 |
| - over $200 |
29 |
14.05 |
29 |
14.05 |
| Education amounts in addition to tuition |
| - part time (per month) |
$120 |
$120 |
$120 |
$120 |
| - full time (per month) |
$400 |
$400 |
$400 |
$400 |
| |
| Dividend Tax Credit (percentage of grossed up dividends) |
| Large corporations |
18.96 |
11.5 |
18.96 |
11.5 |
| Small corporations |
13.33 |
6 |
13.33 |
6 |