Northwest Territories Income Tax Calculator 2024
Calculate your exact take-home pay after federal and Northwest Territories provincial tax, CPP contributions, and EI premiums for the 2024 tax year.
| Gross income | $85,000 |
| Federal income tax | –$11,133 |
| Northwest Territories provincial tax | –$4,517 |
| CPP contributions | –$3,868 |
| EI premiums | –$1,049 |
| Take-home pay | $64,434 |
Northwest Territories Tax Facts
- →The NWT's basic personal amount for 2024 is $16,593.
- →The NWT has one of the lowest starting tax rates in Canada at 5.9%.
- →Yellowknife is a hub for diamond mining and government employment.
- →The NWT's top rate of 14.05% is very competitive nationally.
Northwest Territories Income Tax FAQ
What is the Northwest Territories provincial tax rate for 2024?
Northwest Territories's provincial tax starts at 5.9% on income above the basic personal amount of $16,593. The top rate is 14.05%. These rates are applied on top of federal income tax.
How much income tax will I pay in Northwest Territories?
Your total tax in Northwest Territories combines federal tax (15%–33%) and Northwest Territories provincial tax (5.9%–14.1%), 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 Northwest Territories for 2024?
The Northwest Territories basic personal amount for 2024 is $16,593. This means the first $16,593 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 Northwest Territories?
To calculate take-home pay in Northwest Territories: start with your gross income, subtract federal income tax, subtract Northwest Territories 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.