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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 2019 and 2018 Personal Marginal Income Tax Rates

The Federal tax brackets and personal amounts are increased for 2018 by an indexation factor of 1.022.  Saskatchewan amounts are no longer indexed.  The indexation factors, tax brackets and tax rates have not yet been confirmed to Canada Revenue Agency information.

The Saskatchewan 2017 Budget announced that the indexation of the personal income tax system would be suspended starting with the 2018 taxation year, and that personal income tax rates would be reduced by 1/2% effective July 1, 2017, and by 1/2% effective July 1, 2019.  However, the 2018 Budget "paused" the tax reductions, so the rate is not being reduced in 2019.  

The Saskatchewan 2018 Budget revised the 2018 non-eligible dividend tax credit rate to 3.333% of the taxable dividend.  It set the rate at 3.362% for 2019 and later years.

The marginal tax rates for eligible Canadian dividends were revised as per Bill 69, Income Tax Amendment Act, 2017 (pdf), tabled on April 13, 2017.  In conjunction with the reduction of 1/4% per year in the personal tax rate, the dividend tax credit rate for eligible dividends, as a % of the taxable dividend, was to be reduced by 1/4% per year until 2020.  However, this was revised with their November 6, 2017 Bill 84, which received Royal Assent on November 7, 2017.  It revised the 2018 rate from 38.132% of the gross-up (10.5% of the taxable dividend) to 39.95%, or 11% of the taxable dividend, for 2018 and subsequent taxation years.

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

Saskatchewan Personal Income Tax Brackets and Tax Rates

2019 Taxable Income 2019 Tax Rates 2018 Taxable Income 2018 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

2019 Taxable Income 2019 Marginal Tax Rates 2018 Taxable Income 2018 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $45,225 25.50% 12.75% -0.72% 15.07% first $45,225 25.50% 12.75% -0.72% 14.08%
over $45,225 up to $47,630 27.50% 13.75% 2.04% 17.37% over $45,225 up to $46,605 27.50% 13.75% 2.04% 16.40%
over $47,630 up to $95,259 33.00% 16.50% 9.63% 23.70% over $46,605 up to $93,208 33.00% 16.50% 9.63% 22.78%
over $95,259 up to $129,214 38.50% 19.25% 17.22% 30.02% over $93,208 up to $129,214 38.50% 19.25% 17.22% 29.16%
over $129,214 up to $147,667 40.50% 20.25% 19.98% 32.32% over $129,214 up to $144,489 40.50% 20.25% 19.98% 31.48%
over $147,667 up to $210,371 43.50% 21.75% 24.12% 35.77% over $144,489 up to $205,842 43.50% 21.75% 24.12% 34.96%
over $210,371 47.50% 23.75% 29.64% 40.37% over $205,842 47.50% 23.75% 29.64% 39.60%

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% in 2019, and 16% in 2018.
For more information see Saskatchewan dividend tax credits.

Saskatchewan  Basic Personal Amount

2019 Personal Amount 2019 Tax Rate 2018 Personal Amount 2018 Tax Rate
$16,065 10.50% $16,065 10.50%

Federal Basic Personal Amount

2019 Personal Amount 2019 Tax Rate 2018 Personal Amount 2018 Tax Rate
$12,069 15% $11,809 15%
 

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Revised: November 02, 2018

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