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PIT Structures

Federal & NWT Personal Income Tax Rates, Tax Brackets & Non-refundable Tax Credits

  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