Capital Gains Tax in the Yukon
Yukon’s first three bracket thresholds are the federal ones ($58,523, $117,045 and $181,440). So up to that point both rates change at the same incomes, and a Yukon combined schedule has fewer steps than most. Its fourth bracket then runs to $500,000 at 12.8%.
The inclusion rate puts 50% of a gain into income, where it is taxed at the combined federal and territorial rate. Yukon’s top combined rate is 48.00%, a top capital gains rate of 24.00%, which applies only above $500,000. The capital gains tax calculator for Canada has the rules that apply everywhere.
Yukon Tax Brackets
Yukon has no separate income tax page on this site, so its brackets are listed here:
| Tax Bracket | Rate |
|---|---|
| First $58,523 | 6.40% |
| $58,523 – $117,045 | 9.00% |
| $117,045 – $181,440 | 10.90% |
| $181,440 – $500,000 | 12.80% |
| Over $500,000 | 15.00% |
The federal tax brackets apply on top of these.
Capital Gains Tax Rates in the Yukon
Combined federal and Yukon rates, and the rate on each extra dollar of capital gain:
| Taxable Income Range | Combined Marginal Rate | Effective Capital Gains Rate |
|---|---|---|
| Up to $58,523 | 20.40% | 10.20% |
| $58,523 – $117,045 | 29.50% | 14.75% |
| $117,045 – $181,440 | 36.90% | 18.45% |
| $181,440 – $258,482 | 41.80% | 20.90% |
| $258,482 – $500,000 | 45.80% | 22.90% |
| Over $500,000 (top bracket) | 48.00% | 24.00% |
Worked Example: Capital Gains Tax in the Yukon
A Whitehorse public servant earning $70,000 sells mining shares for a $40,000 capital gain. The taxable $20,000 brings taxable income to $90,000.
Both brackets are the same span here, $58,523 to $117,045: Yukon taxes it at 9% and Ottawa at 20.5%. The gain costs $4,100 in federal tax and $1,800 in Yukon tax, $5,900 in total, or 14.75% of the $40,000 gain.
If the gain had taken income past $117,045, both rates would have risen at once. The example applies marginal rates on top of the salary (method on the main capital gains page).
How the Yukon Compares
Next door, British Columbia’s top capital gains rate is 26.75% and the Northwest Territories’ is 23.53%, while Yukon’s is 24.00%. Every jurisdiction is in the province and territory table.
Northern Residents Deductions
Every Yukon community is in the northern zone, so residents can usually claim the northern residents deductions for living there and for certain trips. The deductions lower taxable income, so a gain realized in the same year starts from a lower point in the combined schedule.
Related Calculators
- Northern residents deductions: the residency and travel deductions
- Income tax calculator: combined federal and Yukon tax on your whole income
- Federal tax brackets: the federal rates in the table above
Sources
The figures and rules on this page come from these sources, last checked against them between September 5, 2026 and September 23, 2026. How we check facts.
- Canada Revenue Agency: Current year tax rates and income brackets (2026) - Personal income tax
- Canada Revenue Agency: Capital Gains – 2025
- Canada Revenue Agency: Payroll Deductions Formulas - 122nd Edition Effective January 1, 2026
- Gouvernement du Québec: Parameters of the Personal Income Tax System for 2026