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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 2014 and 2015 Personal Marginal Income Tax Rates

The Saskatchewan and Federal tax brackets and personal amounts were increased for 2015 by an indexation factor of 1.017.  Saskatchewan uses the Federal indexation factor.  The indexation factors, bracket thresholds and personal amounts for 2015 have been confirmed to Canada Revenue Agency amounts.

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

Saskatchewan Personal Income Tax Brackets and Tax Rates

2015 Taxable Income 2015 Tax Rates 2014 Taxable Income 2014 Tax Rates
first $44,028 11% first $43,292 11%
over $44,028 up to $125,795 13% over $43,292 up to $123,692 13%
over $125,795 15% over $123,692 15%

Combined Federal & Saskatchewan Tax Brackets and Tax Rates

2015 Taxable Income 2015 Marginal Tax Rates 2014 Taxable Income 2014 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $44,028 26% 13.0% -0.03% 13.67% first $43,292 26% 13.0% -0.03% 13.67%
over $44,028 up to $44,701 28% 14.0% 2.73% 16.03% over $43,292 up to $43,953 28% 14.0% 2.73% 16.03%
over $44,701 up to $89,401 35% 17.5% 12.39% 24.29% over $43,953 up to $87,907 35% 17.5% 12.39% 24.29%
over $89,401 up to $125,795 39% 19.5% 17.91% 29.01% over $87,907 up to $123,692 39% 19.5% 17.91% 29.01%
over $125,795 up to $138,586 41% 20.5% 20.67% 31.37% over $123,692 up to $136,270 41% 20.5% 20.67% 31.37%
over $138,586 44% 22.0% 24.81% 34.91% over $136,270 44% 22.0% 24.81% 34.91%

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 18% in 2015 and 2014.
For more information see Saskatchewan dividend tax credits.

Saskatchewan  Basic Personal Amount

2015 Tax Rate 2014 Tax Rate
$15,639 11% $15,378 11%

Federal Basic Personal Amount

2015 Tax Rate 2014 Tax Rate
$11,327 15% $11,138 15%

 

 

Revised: November 10, 2014

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