Saskatchewan Income Tax Calculator 2022 & 2023.

This Page Was Last Updated: January 18, 2023
Saskatchewan-image
Saskatchewan
Estimate your 2022 & 2023 total income taxeswith only a few details about your income
Inputs
Tax Year
Your Employment Status
Employment Income
Other Income
Capital Gains
RRSP Contributions
Additional Deductions
Eligible Dividends
Ineligible Dividends
Results
Total Taxable Income
$50,000
Total Deductions
$0
Total Income
$50,000

Total Tax
$12,342.78
Income Tax
$8,761.03
EI Premiums
$815
CPP Contribution
$2,766.75

After Tax Income
$37,657.23
Average Tax Rate
17.52%
Marginal Tax Rate
27.5%

Canada Federal and Saskatchewan Tax Brackets 2023
Your taxable income places you in the following tax brackets.
Federal tax bracketFederal tax rates
Less than $15,000 0%
$15,001 to $53,35915%
$53,360 to $106,71720.5%
$106,718 to $165,43026%
$165,431 to $235,67629%
More than $235,676 33%
Saskatchewan tax bracketSaskatchewan tax rates
Less than $16,615 0%
$17,663 to $49,72010.5%
$49,721 to $142,05712.5%
More than $142,057 14.5%

Saskatchewan Income Tax Brackets

Indexing tax brackets have been reintroduced for 2021. Tax bracket income thresholds in Saskatchewan will be increasing by 1% in 2021. This will save taxpayers an estimated $15 million.

Saskatchewan Provincial Income Tax Changes 2021

20202021Rate
Less than $16,065Less than $16,2250%
$16,066 to $45,225$16,226 to $45,67710.50%
$45,226 to $129,214$45,678 to $130,50612.50%
More than $129,214More than $130,50614.50%

Saskatchewan Personal Amounts 2021

20202021
$16,065$16,225

Active Families Benefit

The Active Families Benefit is expected to be reintroduced in 2021, and will provide a non-refundable tax credit of $150 per year per child, or $200 for a child with a disability.

To be eligible for the Active Families Benefit, your income must be under $60,000. The benefit is estimated to be applicable to 20,500 families, costing $5.7 million per year.

Home Renovation Tax Credit

The Home Renovation Tax Credit was also reintroduced in 2021, and will provide a 10.5% tax credit for up to $20,000 in eligible home renovation expenses, including labour, building materials, rentals, and permits. This can include painting your house, renovating your kitchen or bathroom, adding solar panels.

While the maximum you can claim is $20,000, you cannot claim more than $11,000 for 2021. Instead, you will claim the maximum claim amount of $9,000 in 2022.