Saskatchewan -> Tax Rates -> 2018 & 2019 Marginal Tax Rates -> Saskatchewan Personal Income Tax Rates

Saskatchewan 2019 and 2018 Personal Marginal Income Tax Rates

The Federal tax brackets and personal amounts are increased for 2019 by an indexation factor of 1.022. Saskatchewan amounts are no longer indexed. The indexation factors, tax brackets and tax rates have been confirmed to Canada Revenue Agency information.

The Saskatchewan 2017 Budget announced that the indexation of the personal income tax system would be suspended starting with the 2018 taxation year, and that personal income tax rates would be reduced by 1/2% effective July 1, 2017, and by 1/2% effective July 1, 2019. However, the 2018 Budget "paused" the tax reductions, so the rate is not being reduced in 2019.

The Saskatchewan 2018 Budget revised the 2018 non-eligible dividend tax credit rate to 3.333% of the taxable dividend. It set the rate at 3.362% for 2019 and later years.

The marginal tax rates for eligible Canadian dividends were revised as per Bill 69, Income Tax Amendment Act, 2017 (pdf), tabled on April 13, 2017. In conjunction with the reduction of 1/4% per year in the personal tax rate, the dividend tax credit rate for eligible dividends, as a % of the taxable dividend, was to be reduced by 1/4% per year until 2020. However, this was revised with their November 6, 2017 Bill 84, which received Royal Assent on November 7, 2017. It revised the 2018 rate from 38.132% of the gross-up (10.5% of the taxable dividend) to 39.95%, or 11% of the taxable dividend, for 2018 and subsequent taxation years.

Please read the article Understanding the Tables of Personal Income Tax Rates.

Saskatchewan Personal Income Tax Brackets and Tax Rates
2019 Taxable Income	2019 Tax Rates				2018 Taxable Income	2018 Tax Rates
first $45,225	10.50%				first $45,225	10.50%
over $45,225 up to $129,214	12.50%				over $45,225 up to $129,214	12.50%
over $129,214	14.50%				over $129,214	14.50%
Combined Federal & Saskatchewan Tax Brackets and Tax Rates
2019 Taxable Income	2019 Marginal Tax Rates				2018 Taxable Income	2018 Marginal Tax Rates
	Other Income	Capital Gains	Canadian Dividends			Other Income	Capital Gains	Canadian Dividends
	Other Income	Capital Gains	Eligible	Non-Eligible		Other Income	Capital Gains	Eligible	Non-Eligible
first $45,225	25.50%	12.75%	-0.72%	15.07%	first $45,225	25.50%	12.75%	-0.72%	14.08%
over $45,225 up to $47,630	27.50%	13.75%	2.04%	17.37%	over $45,225 up to $46,605	27.50%	13.75%	2.04%	16.40%
over $47,630 up to $95,259	33.00%	16.50%	9.63%	23.70%	over $46,605 up to $93,208	33.00%	16.50%	9.63%	22.78%
over $95,259 up to $129,214	38.50%	19.25%	17.22%	30.02%	over $93,208 up to $129,214	38.50%	19.25%	17.22%	29.16%
over $129,214 up to $147,667	40.50%	20.25%	19.98%	32.32%	over $129,214 up to $144,489	40.50%	20.25%	19.98%	31.48%
over $147,667 up to $210,371	43.50%	21.75%	24.12%	35.77%	over $144,489 up to $205,842	43.50%	21.75%	24.12%	34.96%
over $210,371	47.50%	23.75%	29.64%	40.37%	over $205,842	47.50%	23.75%	29.64%	39.60%
Marginal tax rate for dividends is a % of actual dividends received (not grossed-up taxable amount). Marginal tax rate for capital gains is a % of total capital gains (not taxable capital gains). Gross-up rate for eligible dividends is 38%, and for non-eligible dividends is 15% in 2019, and 16% in 2018. For more information see Saskatchewan dividend tax credits.
Saskatchewan Basic Personal Amount
2019 Personal Amount	2019 Tax Rate				2018 Personal Amount	2018 Tax Rate
$16,065	10.50%				$16,065	10.50%
Federal Basic Personal Amount
2019 Personal Amount	2019 Tax Rate				2018 Personal Amount	2018 Tax Rate
$12,069	15%				$11,809	15%

Revised: October 26, 2023