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Saskatchewan Personal Tax Rates

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Saskatchewan
Tax Rates - Current Marginal Tax Rates -> Saskatchewan Personal Income Tax Rates

Saskatchewan 2016 and 2017 Personal Marginal Income Tax Rates

The Saskatchewan and Federal tax brackets and personal amounts are increased for 2017 by an indexation factor of 1.014.  Saskatchewan uses the Federal indexation factor.  The indexation factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency information.

The Saskatchewan 2016 Budget indicated that legislation will be revised so that the 2016 dividend tax credit rate for non-eligible dividends remains at 3.4% of the taxable dividend.  Bill 22, which received Royal Assent on June 30, 2016, revised the rate to 23.173% of the federal gross-up, resulting in a tax credit of 3.367% of the taxable dividend.  SK Finance has confirmed that this will not be rounded to 3.4% on tax forms.  This is reflected in the rates below.

Please read the article Understanding the Tables of Personal Income Tax Rates.

Saskatchewan Personal Income Tax Brackets and Tax Rates

2017 Taxable Income 2017 Tax Rates 2016 Taxable Income 2016 Tax Rates
first $45,225 11% first $44,601 11%
over $45,225 up to $129,214 13% over $44,601 up to $127,430 13%
over $129,214 15% over $127,430 15%

Combined Federal & Saskatchewan Tax Brackets and Tax Rates

2017 Taxable Income 2017 Marginal Tax Rates 2016 Taxable Income 2016 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $45,225 26.0% 13.00% -0.03% 14.17% first $44,601 26.0% 13.00% -0.03% 14.17%
over $45,225 up to $45,916 28.0% 14.00% 2.73% 16.51% over $44,601 up to $45,282 28.0% 14.00% 2.73% 16.51%
over $45,916 up to $91,831 33.5% 16.75% 10.32% 22.95% over $45,282 up to $90,563 33.5% 16.75% 10.32% 22.95%
over $91,831 up to $129,214 39.0% 19.50% 17.91% 29.38% over $90,563 up to $127,430 39.0% 19.50% 17.91% 29.38%
over $129,214 up to $142,353 41.0% 20.50% 20.67% 31.72% over $127,430 up to $140,388 41.0% 20.50% 20.67% 31.72%
over $142,353 up to $202,800 44.0% 22.00% 24.81% 35.23% over $140,388 up to $200,000 44.0% 22.00% 24.81% 35.23%
over $202,800 48.0% 24.00% 30.33% 39.91% over $200,000 48.0% 24.00% 30.33% 39.91%

Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount).
Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).
Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 17%.
For more information see Saskatchewan dividend tax credits.

Saskatchewan  Basic Personal Amount

2017 Personal Amount 2017 Tax Rate 2016 Personal Amount 2016 Tax Rate
$16,065 11% $15,843 11%

Federal Basic Personal Amount

2017 Personal Amount 2017 Tax Rate 2016 Personal Amount 2016 Tax Rate
$11,635 15% $11,474 15%

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Revised: November 29, 2016

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