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The 2016 Tax Year in Northwest Territories runs from January 2016 to December 2016 with individual tax returns due no later than the following April 30th 2017. The information deisplayed in the Northwest Territories Tax Brackets for 2016 is used for the 2016 Northwest Territories Tax Calculator
2016 Income Tax in Northwest Territories is calculated separately for Federal tax commitments and Northwest Territories Province Tax commitments depending on where the individual tax return is filed in 2016 (due to work / location). The 2016 Northwest Territories Tax return is completed as one single calculation with the total tax calculations, tax credits and exemptions centralised to simplyfy Northwest Territories tax calculations and 2016 tax returns in Northwest Territories.
The following tax data, rates and thresholds are used in the 2016 Northwest Territories Tax Calculator, if you spot and error or would like additional tax calculations integrated into the 2016 Northwest Territories Tax Calculator then please contact us.
$ 0.00 - $ 41,011.00 | 5.9% |
$ 41,011.00 - $ 82,024.00 | 8.6% |
$ 82,024.00 - $ 133,353.00 | 12.2% |
$ 133,353.00 and over | 14.05% |
$ 0.00 - $ 45,282.00 | 15% |
$ 45,282.00 - $ 90,563.00 | 22% |
$ 90,563.00 - $ 140,388.00 | 26% |
$ 140,388.00 - $ 200,000.00 | 29% |
$ 200,000.00 and over | 33% |
Northwest Territories Basic Personal Amount | $ 14,081.00 |
Federal Basic Personal Amount | $ 11,474.00 |
Age Amount Tax Credit (65+ years of age) | $ 7,125.00 |
Age Amount Tax Credit reduced when income exceeds | $ 35,927.00 |
Spouse or Common-Law Partner Amount | $ 11,474.00 |
Spouse or Common-Law Partner Amount reduced when spousal/dependant income exceeds | $ 13,595.00 |
Spouse or Common-Law Partner Amount eliminated when spousal/dependant income exceeds | $ 11,474.00 |
Child amount for dependent children under 18 | $ 0.00 |
Canada Employment Amount Tax Credit | $ 1,161.00 |
Infirm Dependant Amount Tax Credit for Age 18 or Older | $ 6,788.00 |
Caregiver Amount Tax Credit | $ 4,667.00 |
Caregiver Amount Tax Credit reduced when dependant income exceeds | $ 6,807.00 |
Disability Amount Tax Credit | $ 8,001.00 |
Disability Amount supplement for taxpayers under 18 years of age | $ 4,667.00 |
Disability Amount supplement for taxpayers under 18 years of age reduced when total child care and attendant care expenses claimed for this taxpayer by anyone exceed | $ 2,734.00 |
MP, DB, RRSP, DPSP, and TFSA limits and the YMPE | |
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RRSP dollar limit | $ 25,370.00 |
RRSP Excess Rate | 1% |
Canada Pension Plan (CPP) Deductions | |
Annual Maximum Pensionable Earnings | $ 54,900.00 |
Annual Basic Exemption | $ 3,500.00 |
Annual Maximum CPP Employee Contribution | $ 2,544.30 |
CPP Contribution Rate | $ 4.96 |
Employment Insurance (EI) Deductions | |
Employee Contribution Rate | $ 1.88 |
Annual Maximum Insurable Earnings | $ 50,800.00 |
Annual Maximum Employee Contribution | $ 955.04 |
The 2022 tax year runs from 1st January 2022 through to the 31st December 2022 in Northwest Territories with tax returns due for specific individuals / groups on the following dates:
The 2023 tax year runs from 1st January 2023 through to the 31st December 2023 in Northwest Territories with tax returns due for specific individuals / groups on the following dates: