Nunavut Income Tax Calculator 2024
Calculate your exact take-home pay after federal and Nunavut provincial tax, CPP contributions, and EI premiums for the 2024 tax year.
| Gross income | $85,000 |
| Federal income tax | โ$11,133 |
| Nunavut provincial tax | โ$3,097 |
| CPP contributions | โ$3,868 |
| EI premiums | โ$1,049 |
| Take-home pay | $65,853 |
Nunavut Tax Facts
- โNunavut's basic personal amount of $17,925 is among the highest in Canada.
- โNunavut's starting tax rate of 4% is the lowest of any province or territory.
- โNunavut's top rate of 11.5% is far below any province, making it the most tax-friendly territory.
- โNunavut is Canada's newest and largest territory, created in 1999.
Nunavut Income Tax FAQ
What is the Nunavut provincial tax rate for 2024?
Nunavut's provincial tax starts at 4.0% on income above the basic personal amount of $17,925. The top rate is 11.50%. These rates are applied on top of federal income tax.
How much income tax will I pay in Nunavut?
Your total tax in Nunavut combines federal tax (15%โ33%) and Nunavut provincial tax (4.0%โ11.5%), plus CPP (5.95%) and EI (1.66%) contributions. Use the calculator above for your exact take-home pay.
What is the basic personal amount in Nunavut for 2024?
The Nunavut basic personal amount for 2024 is $17,925. This means the first $17,925 of income is effectively tax-free at the provincial level. The federal basic personal amount is $15,705.
How do I calculate my take-home pay in Nunavut?
To calculate take-home pay in Nunavut: start with your gross income, subtract federal income tax, subtract Nunavut provincial tax, subtract CPP contributions (5.95% up to $68,500), and subtract EI premiums (1.66% up to $63,200). The calculator above does all of this automatically.