Saskatchewan 2024 and 2023 Tax Rates & Tax Brackets

Saskatchewan Tax Rates
2024 Taxable Income 2024 Tax Rates 2023 Taxable Income 2023 Tax Rates
first $52,057 10.50% first $49,720 10.50%
over $52,057 up to $148,734 12.50% over $49,720 up to $142,058 12.50%
over $148,734 14.50% over $142,058 14.50%
Combined Federal & Saskatchewan Tax Brackets and Tax Rates
2024 Taxable Income SK 2024 Marginal Tax Rates 2023 Taxable Income SK 2023 Marginal Tax Rates
Other
Income
Capital
Gains
Canadian Dividends Other
Income
Capital
Gains
Canadian Dividends
Eligible Non-Eligible Eligible Non-Eligible
first $52,057 25.50% 12.75% -0.72% 16.04% first $49,720 25.50% 12.75% -0.72% 16.52%
over $52,057 up to $55,867 27.50% 13.75% 2.04% 18.34% over $49,720 up to $53,359 27.50% 13.75% 2.04% 18.82%
over $55,867 up to $111,733 33.00% 16.50% 9.63% 24.67% over $53,359 up to $106,717 33.00% 16.50% 9.63% 25.14%
over $111,733 up to $148,734 38.50% 19.25% 17.22% 30.99% over $106,717 up to $142,058 38.50% 19.25% 17.22% 31.47%
over $148,734 up to $173,205 40.50% 20.25% 19.98% 33.29% over $142,058 up to $165,430 40.50% 20.25% 19.98% 33.77%
over $173,205 up to $246,752 43.82% 21.91% 24.56% 37.11% over $165,430 up to $235,675 43.82% 21.91% 24.56% 37.59%
over $246,752 47.50% 23.75% 29.64% 41.34% over $235,675 47.50% 23.75% 29.64% 41.82%
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%.
Saskatchewan Basic Personal Amount
2024 Personal Amount 2024 Tax Rate 2023 Personal Amount 2023 Tax Rate
$18,491 10.5% $17,661 10.5%
Federal Basic Personal Amount
2024 Personal Amount Minimum / Maximum 2024 Tax Rate 2023 Personal Amount Minimum / Maximum 2023 Tax Rate
$14,156 $15,705 15% $13,520 $15,000 15%