Saskatchewan Income Tax Brackets
For most individuals, the province or territory where you reside at the end of the tax year determines which provincial or territorial income tax rules apply. Saskatchewan residents generally calculate their provincial tax using Saskatchewan's tax rates and credits.
Saskatchewan uses a progressive income tax system. Your taxable income is divided among provincial tax brackets, and each tax rate applies only to the portion of income that falls within that bracket. Saskatchewan income tax is calculated separately from federal income tax, although both are administered by the Canada Revenue Agency. Tax bracket thresholds are indexed over time, so refer to the table below for the applicable thresholds for each tax year.
After provincial tax is calculated using the tax brackets, eligible Saskatchewan tax credits can reduce the amount of provincial tax payable. These include the basic personal amount and credits for spouses or eligible dependants, children, seniors, caregivers, people with disabilities, pension income, student loan interest, medical expenses, charitable donations, CPP contributions, and EI premiums. Some Saskatchewan programs provide refundable credits or benefits even when little or no provincial income tax is payable.
Saskatchewan Provincial Income Tax Brackets
| Tax Year | 10.5% | 12.5% | 14.5% |
|---|---|---|---|
| 2023 | Up to $49,720 | Over $49,720 to $142,058 | Over $142,058 |
| 2024 | Up to $52,057 | Over $52,057 to $148,734 | Over $148,734 |
| 2025 | Up to $53,463 | Over $53,463 to $152,750 | Over $152,750 |
| 2026 | Up to $54,532 | Over $54,532 to $155,805 | Over $155,805 |
Selected Saskatchewan Personal Tax Credit Amounts
| 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|
| Basic Personal Amount | $17,661 | $18,491 | $19,491 | $20,381 |
| Spousal / Equivalent Amount | $17,661 (Income Threshold: $19,428) | $18,491 (Income Threshold: $20,340) | $19,491 (Income Threshold: $21,440) | $20,381 (net-income threshold: $22,419) |
| Dependent Child Amount | $6,700 | $7,015 | $7,704 | $8,358 |
Active Families Benefit
The Saskatchewan Active Families Benefit is a refundable provincial tax benefit that helps eligible families with the cost of children participating in qualifying sport, recreation, and cultural activities. The benefit is claimed through the Saskatchewan income tax return.
| Active Families Benefit | Current Amount |
|---|---|
| Maximum per eligible child | $300 |
| Maximum for a child eligible for the Disability Tax Credit | $400 |
| Maximum adjusted family income | $120,000 |
| Child's age | 18 or younger |
Home Renovation Tax Credit
The Saskatchewan Home Renovation Tax Credit is a non-refundable provincial tax credit for qualifying renovations to a principal residence in Saskatchewan. Eligible expenses can include labour and professional services, building materials, fixtures, equipment rentals, and permits.
| Home Renovation Tax Credit | Regular Homeowner | Eligible Senior |
|---|---|---|
| Base amount | $1,000 | $1,000 |
| Maximum qualifying expenses | $5,000 | $6,000 |
| Maximum amount eligible for credit | $4,000 | $5,000 |
| Maximum tax credit | $420 | $525 |
Other Tax Credits in Saskatchewan
Saskatchewan offers several provincial tax credits and benefits in addition to the programs discussed above. Eligibility depends on factors such as your income, age, family situation, expenses, and other circumstances. These include:
- The Saskatchewan Low-Income Tax Credit is a non-taxable benefit for Saskatchewan residents with low and modest incomes. You do not need to apply separately; the CRA determines your eligibility when you file your tax return. If you qualify, the credit is paid quarterly together with the Canada Groceries and Essentials Benefit (CGEB).
- Age Amount and Senior Supplement
- Disability Amount and Disability Supplement
- Medical Expense Tax Credit
- First-Time Homebuyers’ Tax Credit
- Graduate Retention Program
- Fertility Treatment Tax Credit
- Volunteer Firefighters’, Search and Rescue Volunteers’, and Volunteer Emergency Medical First Responders’ tax credits
Some credits are refundable, while others can only reduce the amount of provincial income tax you owe. For eligibility requirements and current amounts, see the Saskatchewan government’s tax credits and personal income tax pages.