Yukon’s 2026–27 budget focuses primarily on spending priorities and service delivery, rather than introducing new tax measures. While there are significant investments expected into programs and infrastructure, no changes to personal or corporate income tax rates were announced as part of the budget.
Personal income tax measures
No personal income tax rate changes were announced as part of the budget. The current personal combined top income tax rates for 2026 are outlined below:
| Personal (combined) federal and Yukon top marginal tax rates | |
| Rate | |
| Interest/regular income | 48.00% |
| Capital gains | 24.00% |
| Eligible dividends | 28.93% |
| Non-eligible dividends | 44.04% |
Business and industry income tax measures
No corporate income tax rate changes were announced as part of the budget. The current corporate income tax rates for 2026 are outlined below:
| Small business corporations | General corporations | |||
| Rate | Threshold | Non-M&P | M&P | |
| Yukon | 0.00% | $500,000 | 12.00% | 2.50%* |
| Combined federal and Yukon | 9.00% | $500,000 | 27.00% | 17.50% |
*Reflects rate net of M&P income tax credit
What this means for you
For individuals and businesses, the absence of announced tax changes generally means fewer near-term compliance and planning changes tied to Yukon-specific rate or base updates. That said, taxpayers and property owners may still want to monitor how existing property-tax-related programs and transfers are administered and funded over the year, as well as whether the government’s stated intention to take a measured approach to revenues results in future proposals. Your Baker Tilly advisor can help you assess how these updates apply to your situation and identify any next steps.
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