As with most provinces, Nunavut uses a progressive tax structure and has four different tax brackets. Nunavut applies the lowest tax rates in the country, and the brackets increase each year based on inflation. Visit Nunavut’s personal income tax page for this year’s tax bracket rates.
There’s an allowable amount of income that you can earn before you must start paying taxes. That is called the “basic personal amount” or “BPA”. For the 2022 tax year, the federal BPA amount is $15,000 and Nunavut’s amount is $17,925.
Nunavut has a tax system similar to other Canadian provinces. Many of the provincial taxes and credits for residents of Nunavut complement similar credits at the federal level, but there are some unique credits for residents of Nunavut.
