TaxTips.ca - Saskatchewan 2011 and 2012 Personal Marginal Income Tax Rates

Saskatchewan (SK) Personal Income Tax Brackets and Rates
2012 Taxable Income			2012 Tax Rates		2011 Taxable Income			2011 Tax Rates
first $42,065			11.00%		first $40,919			11.00%
over $42,065 up to $120,185			13.00%		over $40,919 up to $116,911			13.00%
over $120,185			15.00%		over $116,911			15.00%
Saskatchewan (SK) Combined Federal & Provincial Tax Rates
2012 Taxable Income	2012 Marginal Tax Rates				2011 Taxable Income	2011 Marginal Tax Rates
	Other Income	Capital Gains	Canadian Dividends			Other Income	Capital Gains	Canadian Dividends
			Eligible Dividends	Non-Eligible Dividends				Eligible Dividends	Non-Eligible Dividends
first $42,065	26.00%	13.00%	-0.03%	10.83%	first $40,919	26.00%	13.00%	-2.02%	9.58%
over $42,065 up to $42,707	28.00%	14.00%	2.73%	13.33%	over $40,919 up to $41,544	28.00%	14.00%	0.80%	12.08%
over $42,707 up to $85,414	35.00%	17.50%	12.39%	22.08%	over $41,544 up to $83,088	35.00%	17.50%	10.67%	20.83%
over $85,414 up to $120,185	39.00%	19.50%	17.91%	27.08%	over $83,088 up to $116,911	39.00%	19.50%	16.31%	25.83%
over $120,185 up to $132,406	41.00%	20.50%	20.67%	29.58%	over $116,911 up to $128,800	41.00%	20.50%	19.13%	28.33%
over $132,406	44.00%	22.00%	24.81%	33.33%	over $128,800	44.00%	22.00%	23.36%	32.08%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up amount). Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains).
SK Basic Personal Amount
2012	Tax Rate				2011	Tax Rate
$14,942	11.00%				$14,535	11.00%
Federal Basic Personal Amount
2012	Tax Rate				2011	Tax Rate
$10,822	15.00%				$10,527	15.00%

Saskatchewan 2012 and 2011 Personal Marginal Income Tax Rates

The Saskatchewan and Federal tax brackets and personal amounts were increased for 2012 by an indexation factor of 1.028. Saskatchewan uses the Federal indexation factor.

Saskatchewan -> Tax Rates -> 2012 and 2011 Tax Rates -> Saskatchewan Personal Income Tax Rates

Saskatchewan 2012 and 2011 Personal Marginal Income Tax Rates