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Saskatchewan Personal Tax Credits

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Saskatchewan -> Personal tax credits

SK Non-Refundable Tax Credits

For information on the amounts of most non- refundable tax credits available to Saskatchewan residents, see the non-refundable personal tax credits tables.

SK Graduate Retention Program (GRP)

Income Tax Act, 2000 s. 37.1

The SK 2015 Budget announced that the GRP will become a non-refundable tax credit.  Post-secondary graduates who stay in Saskatchewan will be able to receive the full amount of their tuition back - up to $20,000 through reduced provincial income tax.  They will now have up to 10 years, instead of 7 years, to use the tax reduction.

Effective January 1, 2008, this refundable income tax credit replaced the Graduate Tax Exemption.  The GRP provides a tuition rebate.

Eligible graduates include individuals who successfully complete an approved program at a Saskatchewan post-secondary institution.  Eligible programs must be at least 6 months in duration, and must:

bullet result in a certificate, diploma, or undergraduate degree, or
bullet provide certification to journeypersons

In an October 30, 2008 news release, it was announced that this program is being opened up to eligible post-secondary graduates within and beyond Canada.

The tuition rebate will be based on T2202A tuition receipts.  The maximum rebate for each program of studies is:

bullet up to $3,000 for graduates of certificate programs, including journeypersons
bullet up to $6,400 for graduates of diploma programs
bullet up to $15,000 for graduates of 3 year undergraduate degree programs, and
bullet up to $20,000 for graduates of 4 year undergraduate degree programs

To fully qualify, graduates must remain in Saskatchewan for seven years following graduation.  Additional tuition rebates may be earned by eligible graduates who opt to continue their post-secondary education in another certificate, diploma, or undergraduate program.  The maximum lifetime tuition rebate is $20,000 per person.

The tuition rebates will be paid out through the provincial income tax system.  10% of the entitlement will be paid out in each of the first 4 years after graduation, and 20% will be paid out in each of the following 3 years.

2006 and 2007 graduates who were eligible under the previous Graduate Tax Exemption will continue to benefit from that program for the 2007 tax year.  In addition, if 2006 and 2007 graduates meet eligibility criteria, they will benefit from the GRP.  The maximum tuition rebates for 2006 and 2007 graduates are:

bullet up to $3,000 for graduates of certificate programs, including journeypersons
bullet up to $3,200 for graduates of diploma programs, and
bullet up to $5,000 for graduates of undergraduate programs

For 2008 and 2009 graduates, the maximum tuition rebates are:

bullet up to $3,000 for graduates of certificate programs, including journeypersons
bullet up to $6,400 for graduates of diploma programs, and
bullet up to $10,000 for 2008 graduates of undergraduate programs, and up to $15,000 for 2009 graduates

Full benefits are available for 2010 and later graduates.

For more information see the Government of Saskatchewan Graduate Retention Program (GRP).

SK Refundable Tax Credits

Saskatchewan Low-Income Tax Credit (formerly sales tax credit)

bullet available to low income individuals and families
bullet combined with quarterly GST/HST credit payments

The Saskatchewan 2017 Budget announced that, to ensure that the 2017 provincial sales tax increases are applied fairly, the low-income tax credit would be enhanced.  Changes effective July 1, 2017:

bullet basic and spousal/equivalent components of $346 per person, up from $246
bullet child component $136, up from $96, to a maximum of $272 per family
bullet maximum tax credits provided to eligible families with children is $964 per year per family, up from $684
bullet credit is reduced by 2.75% x adjusted family net income in excess of $32,301

See also:

bullet Provincial tax credits paid with the GST/HST credit

Tax tip:  File a tax return even if you have no income, to get the GST/HST and sales tax credits.

SK Previously Available Tax Credits

Saskatchewan Active Families Benefit - eliminated

Income Tax Act, 2000 s. 39.2

As per the Saskatchewan 2016 Budget, this tax credit is now eliminated, effective for the 2016 taxation year.

Saskatchewan had the Active Families Benefit, which started for the 2009 tax year, which provided a refundable tax credit of up to $150 per child (100% of amount paid) for cultural, recreational and sport activities.  Children were eligible if they are under 18 years of age on the last day of the year in which the eligible fees were paid.  Prior to a 2012 budget change, only children who were at least 6 years of age and not older than 15 years of  age were eligible.

As per the SK 2015 Budget, the Active Families Benefit became income tested starting with the 2015 tax year. It was only be available to families with adjusted net incomes of $60,000 or less.  Adjusted net income is family net income from line 236 of the tax return, less any Universal Child Care Benefit (UCCB) benefits and Registered Disability Savings Plan (RDSP) income.

For more information on this tax credit for 2015, see "Completing your Saskatchewan forms" re Form SK479 Lines 1 to 7 - Active families benefit, which is part of the General tax and benefit guide on the CRA website.

See also:

bullet Federal Children's Arts Tax Credit (CATC)
bullet Federal Children's Fitness Tax Credit

Saskatchewan Graduate Tax Exemption

This exemption was replaced by the Graduate Retention Program (GRP) effective January 1, 2008.

bullet graduates eligible if they successfully complete an approved post-secondary program in 2006 or 2007.
bullet this exemption provides a non-refundable tax credit based on $10,000 per year for 5 years.
bullet graduates from out of province schools will also be eligible, but will have to apply to the SK government for the exemption certificate.
bullet eligible programs must be at least 6 months in duration and must
bullet result in a certificate, diploma, or degree; or
bullet provide certification to journeypersons.
bullet individuals who graduated in 2006 and received the $850 Post Secondary Graduate Tax Credit (PSGTC) will also be eligible to claim the new exemption for the 2007 through 2010 tax years
bullet graduate must submit a Graduate Tax Exemption certificate with their annual SK income tax return
bullet eligible graduates will receive 5 $10,000 exemption certificates to be used over the next 5 tax years.
bullet exemption certificate cannot be transferred to a parent or spouse, but any unused portion can be carried forward for a maximum of five additional tax years, providing a 10-year window in which to claim the exemption.
bullet individuals can only qualify for this program once in a lifetime.

SK Post-Secondary Graduate Tax Credit

bullet available for students graduating from eligible post-secondary education in years 2000 to 2006
bullet one-time credit for completion of eligible program of post-secondary studies
bullet unused credit can be carried forward for up to 5 years

See the section on Saskatchewan post-secondary graduate tax exemption amount in the Canada Revenue Agency ( CRA) document Completing your Saskatchewan Form from the  Saskatchewan General Income Tax and Benefit Package page.

Revised: March 24, 2017

 

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