Saskatchewan 2020 and 2019 Personal Marginal Income Tax Rates

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

The Federal tax brackets and personal amounts are increased for 2020 by an indexation factor of 1.019. Saskatchewan amounts are no longer indexed. The indexation factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency information.

If Saskatchewan had not discontinued indexing, the Saskatchewan tax brackets and personal amounts would have been increased for 2020 by an indexation factor of 1.017.

Saskatchewan Personal Income Tax Brackets and Tax Rates
2020 Taxable Income	2020 Tax Rates	2019 Taxable Income	2019 Tax Rates
first $45,225	10.50%	first $45,225	10.50%
over $45,225 up to $129,214	12.50%	over $45,225 up to $129,214	12.50%
over $129,214	14.50%	over $129,214	14.50%

Combined Federal & Saskatchewan Tax Brackets and Tax Rates
2020 Taxable Income	2020 Marginal Tax Rates				2019 Taxable Income	2019 Marginal Tax Rates
	Other Income	Capital Gains	Canadian Dividends			Other Income	Capital Gains	Canadian Dividends
	Other Income	Capital Gains	Eligible	Non-Eligible		Other Income	Capital Gains	Eligible	Non-Eligible
first $45,225	25.50%	12.75%	-0.72%	15.07%	first $45,225	25.50%	12.75%	-0.72%	15.07%
over $45,225 up to $48,535	27.50%	13.75%	2.04%	17.37%	over $45,225 up to $47,630	27.50%	13.75%	2.04%	17.37%
over $48,535 up to $97,069	33.00%	16.50%	9.63%	23.70%	over $47,630 up to $95,259	33.00%	16.50%	9.63%	23.70%
over $97,069 up to $129,214	38.50%	19.25%	17.22%	30.02%	over $95,259 up to $129,214	38.50%	19.25%	17.22%	30.02%
over $129,214 up to $150,473	40.50%	20.25%	19.98%	32.32%	over $129,214 up to $147,667	40.50%	20.25%	19.98%	32.32%
over $150,473 up to $214,368	43.72%	21.86%	24.42%	36.02%	over $147,667 up to $210,371	43.50%	21.75%	24.12%	35.77%
over $214,368	47.50%	23.75%	29.64%	40.37%	over $210,371	47.50%	23.75%	29.64%	40.37%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up taxable 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 15%. For more information see Saskatchewan dividend tax credits.
Saskatchewan Basic Personal Amount
2020 Personal Amount	2020 Tax Rate				2019 Personal Amount	2019 Tax Rate
$16,065	10.50%				$16,065	10.50%
Federal Basic Personal Amount
2020 Personal Amount (1)	2020 Tax Rate				2019 Personal Amount	2019 Tax Rate
$13,229	15%				$12,069	15%

(1) The 2020 federal personal amount is increased from $12,298 to $13,229 for taxpayers with net income of $150,473 or less. For incomes above this threshold, the additional amount of $931 is reduced until it becomes zero at net income of $214,368. The marginal tax rates above have been adjusted to reflect this change.

Revised: May 18, 2025