Saskatchewan Income Tax Rates 2026 | Tax Brackets Guide
Updated
Saskatchewan has the second lowest top combined tax rate in Canada at 47.50% — even edging out Alberta’s 48.00%. With only three simple brackets (10.5%, 12.5%, and 14.5%), housing prices a fraction of Toronto or Vancouver, and a Graduate Retention Program that returns up to $20,000 in tuition to grads who stay in-province, Saskatchewan is one of the most tax-friendly provinces for high earners and young professionals alike. The 6% PST is the second lowest provincial sales tax in the country.
Saskatchewan Tax Brackets 2026
Provincial Tax Rates
Each portion of taxable income
Rate
$0.00 to $54,532.00
10.5%
$54,532.01 to $155,805.00
12.5%
Over $155,805.01
14.5%
Source: Canada Revenue Agency – Canadian income tax rates for individuals, 2026. Verified August 28, 2026.
Combined Federal + Saskatchewan Rates
Each portion of taxable income
Combined Federal + Saskatchewan Rate
Up to $54,532.00
24.5%
$54,532.00 to $58,523.00
26.5%
$58,523.00 to $117,045.00
33%
$117,045.00 to $155,805.00
38.5%
$155,805.00 to $181,440.00
40.5%
$181,440.00 to $258,482.00
43.5%
Over $258,482.00
47.5%
Combined marginal rate = federal rate + Saskatchewan rate at each income level, computed directly from 2026 bracket data (not a separately-maintained table). Source: Canada Revenue Agency – Canadian income tax rates for individuals and the provincial revenue agency, verified August 28, 2026.
Saskatchewan Tax Advantage
Second Lowest Top Rate
Province
Top Combined Rate
Alberta
48.00%
Saskatchewan
47.50%
Manitoba
50.40%
Ontario
53.53%
BC
53.50%
Tax Savings vs Ontario
Income
SK Tax
ON Tax
Savings
$100,000
~$28,100
~$23,900
-$4,200
$150,000
~$46,400
~$44,400
-$2,000
$200,000
~$67,100
~$67,400
$300
Note: Saskatchewan’s lower top marginal rate only pays off in dollar terms at higher incomes — its middle brackets are less generous than Ontario’s, so Ontario is actually cheaper up to roughly $200,000.
Saskatchewan Tax Credits
Non-Refundable Credits
Credit
2026 Amount
Basic personal amount
~$18,491
Spouse amount
~$18,491
Age amount (65+)
~$5,762
Pension income
~$1,000
Disability
~$12,299
Saskatchewan-Specific Credits
Credit
Details
Low-Income Tax Credit
For lower earners
Graduate Retention Program
Tuition rebate
Active Families Benefit
Kids activities
First-Time Homebuyers
Tax credit
Graduate Retention Program
Tuition Rebate Details
Feature
Details
Maximum rebate
Up to $20,000
Timeframe
Over 7 years
Eligibility
Grads who stay in SK
Applies to
Tuition paid
How It Works
Year
Rebate
Year 1-4
$2,000/year
Year 5-7
$4,000/year
Total possible
$20,000
Must stay and file taxes in Saskatchewan.
Saskatchewan Low-Income Tax Credit
Credit Details
Feature
Amount
Maximum
~$433 per adult
Plus
~$133 per child
Income threshold
Reduced above ~$35,000
Tax Calculation Example
$100,000 Income in Saskatchewan
Bracket
Income
Rate
Tax
Federal 1
$58,523
14%
$8,193
Federal 2
$41,477
20.5%
$8,503
SK 1
$54,532
10.5%
$5,726
SK 2
$45,468
12.5%
$5,684
Total
~$28,105
Before credits.
Saskatchewan Sales Tax
PST Rate
Category
Rate
Most goods
6%
Combined with GST
11%
PST Exemptions
Exempt Items
PST
Basic groceries
0%
Prescription drugs
0%
Children’s clothing
0%
Comparison
Province
Total Sales Tax
Saskatchewan
11%
Alberta
5%
Manitoba
12%
Ontario
13%
Saskatchewan Cost of Living
Housing Costs
City
Average Home Price
Regina
~$340,000
Saskatoon
~$400,000
Toronto
~$1,100,000
Calgary
~$550,000
Overall Affordability
Cost
Saskatchewan Level
Housing
Very affordable
Utilities
Average
Food
Average
Insurance
Competitive
Active Families Benefit
For Children’s Activities
Feature
Details
Amount
$150/child
For
Sports, arts activities
Income-tested
Reduced at higher income
Who Benefits Most in SK
Strong For
Situation
Why Saskatchewan
Families
Affordable living
High earners
Second lowest rate
Recent graduates
$20K rebate
Resource workers
Industry jobs
Consider
Factor
Details
Climate
Cold winters
Job market
Resource-focused
Amenities
Smaller cities
The Bottom Line
Saskatchewan’s 47.50% top combined rate, low PST, and affordable housing make it one of Canada’s most tax-efficient provinces — especially for earners above $150,000 who save $5,000-$12,000 compared to Ontario. The Graduate Retention Program ($20,000 tuition rebate) is a strong incentive for new grads to stay. For a full comparison, see our guide on the best provinces for taxes in Canada.