Skip to main content

Saskatchewan Income Tax 2026 | SK Tax Brackets & Rates

Updated

Saskatchewan Income Tax 2026

Saskatchewan offers some of the most favourable income tax conditions in Canada. Its 3-bracket system tops out at 14.5% — the lowest provincial top rate in the country — and its basic personal amount of $18,491 is the highest of any province. Combined, these features make Saskatchewan particularly attractive for high-income earners and retirement planning. The province does not harmonize its sales tax with the federal GST, instead charging a separate 6% PST.

Saskatchewan Tax Brackets 2026

Taxable IncomeSK Rate
Up to $52,05710.5%
$52,057 – $148,73412.5%
Over $148,73414.5%

Combined Federal + SK Rates

Taxable IncomeFederalSKCombined
Up to $52,05715%10.5%25.5%
$52,057 – $55,86715%12.5%27.5%
$55,867 – $111,73320.5%12.5%33.0%
$111,733 – $148,73426%12.5%38.5%
$148,734 – $155,62526%14.5%40.5%
$155,625 – $173,20529%14.5%43.5%
$173,205 – $246,75233%14.5%47.5%
Over $246,75233%14.5%47.5%

Saskatchewan’s top combined rate of 47.5% is the lowest of any province in Canada.

Tax by Income Level

Taxable IncomeSK TaxFederal TaxTotal TaxEffective Rate
$30,000$1,797$2,813$4,61015.4%
$50,000$3,897$5,813$9,71019.4%
$75,000$7,097$10,281$17,37823.2%
$100,000$10,222$16,181$26,40326.4%
$125,000$13,347$22,681$36,02828.8%
$150,000$16,656$29,181$45,83730.6%
$200,000$23,906$45,681$69,58734.8%
$250,000$31,156$62,181$93,33737.3%
$300,000$38,406$78,681$117,08739.0%
$500,000$67,406$144,681$212,08742.4%

Estimates based on 2026 rates before non-refundable credits other than the basic personal amount.

Saskatchewan Tax Credits

Credit2026 Amount
Basic personal amount$18,491
Spouse or common-law partnerUp to $18,491
Age amount (65+)Up to $5,379
Disability amount$12,285
Caregiver amountUp to $5,000

Saskatchewan’s basic personal amount and disability amount are among the highest in Canada, providing meaningful tax relief at lower income levels.

SK-Specific Credits

CreditDetails
Saskatchewan Graduate Retention ProgramUp to $20,000 in provincial tax credits over 7 years for eligible SK graduates who remain in the province
Farm and Small Business Capital Gains ExemptionProvincial exemption on qualifying farm and small business capital gains
Political contribution tax creditCredit for contributions to registered Saskatchewan political parties
Research and development tax credit10% credit on eligible R&D expenditures in Saskatchewan

Saskatchewan vs Other Provinces at $100,000 Income

ProvinceProvincial TaxFederal TaxTotal TaxEffective Rate
BC$5,800$16,181$21,98122.0%
Alberta$5,900$16,181$22,08122.1%
Ontario$8,190$16,181$24,37124.4%
Saskatchewan$10,222$16,181$26,40326.4%
Manitoba$10,334$16,181$26,51526.5%
PEI$12,165$16,181$28,34628.3%

At $100,000, Saskatchewan and Manitoba are nearly identical. Saskatchewan’s advantage compounds at higher incomes.

Saskatchewan Advantage for High Earners

At $300,000 Income

ProvinceTotal Taxvs Saskatchewan
Saskatchewan$117,087
Alberta$114,050-$3,037
Ontario$120,499+$3,412
BC$121,095+$4,008
Nova Scotia$127,000+$9,913

At $500,000 Income

ProvinceTotal Taxvs Saskatchewan
Alberta$205,000-$7,087
Saskatchewan$212,087
Ontario$223,000+$10,913
BC$226,000+$13,913
Nova Scotia$240,000+$27,913

Tax Planning in Saskatchewan

RRSP Savings at $100,000 Income (Marginal Rate: 33%)

RRSP ContributionTax SavedNet Cost of Contribution
$5,000$1,650$3,350
$10,000$3,300$6,700
$18,000$5,940$12,060
$27,000 (approx. max)$8,910$18,090

At incomes above $111,733, the combined rate rises to 38.5%, significantly improving RRSP returns.

Investment Income at $100,000 in Saskatchewan

$10,000 Income TypeSK TaxFederal TaxTotal Tax
Interest / employment$1,250$2,050$3,300
Eligible dividends$200$1,100$1,300
Capital gains (50% inclusion)$625$1,025$1,650

Climate Action Incentive (Saskatchewan)

Family TypeAnnual AmountPer Quarter
Single adult$340$85
Couple$510$127.50
Couple + 1 child$595$148.75
Couple + 2 children$680$170
Rural supplement+10%

Saskatchewan receives the federal Climate Action Incentive. Payments go automatically to eligible residents who file their taxes with CRA.

Saskatchewan Sales Tax (PST + GST)

TaxRate
Federal GST5%
Saskatchewan PST6%
Total11%

Saskatchewan did not harmonize its sales tax with the federal GST. PST applies to most goods and some services, with exemptions for basic groceries, prescription drugs, and children’s clothing.

Payroll Deductions Example

$80,000 Salary in Saskatchewan

DeductionAmount
Federal tax$11,600
SK provincial tax$7,700
CPP contributions$4,066
EI premiums$1,077
Total deductions$24,443
Net annual pay$55,557
Monthly net$4,630

$50,000 Salary in Saskatchewan

DeductionAmount
Federal tax$5,813
SK provincial tax$3,897
CPP contributions$3,867
EI premiums$1,049
Total deductions$14,626
Net annual pay$35,374
Monthly net$2,948