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Saskatchewan Income Tax Rates 2026 | Tax Brackets Guide

Updated

Saskatchewan Tax Brackets 2026

Provincial Tax Rates

Taxable Income Saskatchewan Rate
Up to $52,057 10.5%
$52,057 - $148,734 12.5%
Over $148,734 14.5%

Combined Federal + Saskatchewan Rates

Taxable Income Combined Rate
Up to $52,057 25.50%
$52,057 - $55,867 27.50%
$55,867 - $111,733 33.00%
$111,733 - $148,734 38.50%
$148,734 - $173,205 40.50%
$173,205 - $246,752 43.50%
Over $246,752 47.50%

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 ~$23,800 ~$24,900 $1,100
$150,000 ~$40,100 ~$45,400 $5,300
$200,000 ~$58,100 ~$70,100 $12,000

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 $55,867 15% $8,380
Federal 2 $44,133 20.5% $9,047
SK 1 $52,057 10.5% $5,466
SK 2 $47,943 12.5% $5,993
Total ~$28,886

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

Prairie Province Comparison

Tax + Cost of Living

Province Tax Level PST Housing
Alberta Lowest 0% Moderate
Saskatchewan Low 6% Low
Manitoba Moderate 7% Low

Tax Planning in Saskatchewan

Strategies

Strategy Benefit
RRSP contributions Save at 33-40.5%
Graduate retention Claim if eligible
Active families Kids activities
Low-income credit If applicable

For New Graduates

If Staying in SK Do This
Apply for GRP Before deadline
File SK taxes Every year
Keep receipts Tuition paid