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
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
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.