๐Ÿ Nunavut ยท Income Tax

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.

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Annual income in Nunavut
$
$0$500k
Take-home (annual)
$65,853
Monthly take-home
$5,488
Effective tax rate
22.5%
Marginal rate
27.5%
Gross income$85,000
Federal income taxโ€“$11,133
Nunavut provincial taxโ€“$3,097
CPP contributionsโ€“$3,868
EI premiumsโ€“$1,049
Take-home pay$65,853
Monthly
$5,488
Bi-weekly
$2,533
Weekly
$1,266
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Nunavut Tax Facts

Note: Nunavut has the lowest provincial/territorial tax rates in Canada, starting at just 4%.

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%โ€“33%) and Nunavut provincial tax (4.0%โ€“11.5%), 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.

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