Yukon manufacturing and processing profits tax credit

Corporations that have earned taxable income and manufacturing and processing profits in the Yukon are eligible for this credit.

The credit rate is 9.5%. The small business increment is 0%, effective January 1, 2021. It was previously 0.5%. 

If the rate changes during the tax year, you have to base your calculation on the number of days in the year that each rate is in effect.

Claiming the credit

Schedule 440, Yukon Manufacturing and Processing Profits Tax Credit, is a worksheet to calculate the credit. You do not have to file it with your return. For more details, see the schedule.

On line 677 of Schedule 5, Tax Calculation Supplementary – Corporations, enter the amount of the credit you are claiming.

Forms and publications

• Schedule 440, Yukon Manufacturing and Processing Profits Tax Credit
• Schedule 5, Tax Calculation Supplementary – Corporations

Government partners

• Yukon (territorial site)