Google Translate Disclaimer

A number of pages on the Government of Saskatchewan's website have been professionally translated in French. These translations are identified by a yellow box in the right or left rail that resembles the link below. The home page for French-language content on this site can be found at:

Renseignements en Français

Where an official translation is not available, Google™ Translate can be used. Google™ Translate is a free online language translation service that can translate text and web pages into different languages. Translations are made available to increase access to Government of Saskatchewan content for populations whose first language is not English.

Software-based translations do not approach the fluency of a native speaker or possess the skill of a professional translator. The translation should not be considered exact, and may include incorrect or offensive language. The Government of Saskatchewan does not warrant the accuracy, reliability or timeliness of any information translated by this system. Some files or items cannot be translated, including graphs, photos and other file formats such as portable document formats (PDFs).

Any person or entities that rely on information obtained from the system does so at his or her own risk. Government of Saskatchewan is not responsible for any damage or issues that may possibly result from using translated website content. If you have any questions about Google™ Translate, please visit: Google™ Translate FAQs.

Provincial Indexation, Tax Credits Help with Affordability

Released on December 29, 2022

The Saskatchewan Affordability Tax Credit (SATC) payment and indexation are among the government initiatives helping make life more affordable for Saskatchewan people.

Indexation of the provincial Personal Income Tax (PIT) system preserves the real value of personal tax credits, the income tax brackets, as well as benefits such as the Saskatchewan Low-Income Tax Credit. 

Indexation will result in Saskatchewan residents seeing $94.5 million in annual income tax savings. The level of indexation in 2023 will be 6.3 per cent, which matches the annual average national inflation rate from October 2021 to September 2022. The combined effect of the indexation of the tax system from 2007 through the 2023 taxation year is saving Saskatchewan taxpayers a total of approximately $284.5 million on their 2023 taxes. 

In 2023 through indexation, on average, an individual with an income of $25,000 will see $125 in savings, a family of four with a combined annual income of $75,000 will save $371 and a family of four with a combined annual income of $100,000 will save $362.

Saskatchewan has among the lowest personal taxes in the country. Since 2007 PIT exemptions have removed more than 112,000 people from the province's income tax roll. In total, PIT reductions since 2007 are providing over $720 million in annual income tax savings to Saskatchewan people.

In addition, a family of four pays no provincial income tax on their first $56,550 of combined income which is among the highest thresholds in Canada and more than twice as much as in 2007, when a family of four began paying income tax once their combined income reached just $26,150.

In late August, the Government of Saskatchewan introduced the Four Point Affordability Plan and in addition to the one-time $500 SATC payments, the small business tax rate reduction was extended by a year to further support small businesses as they continue to recover from the pandemic and face inflationary pressures. 

The plan also included keeping gym and fitness memberships and recreational activities for youth PST exempt. The province's strong finances allow government to reduce borrowing and retire up to $1 billion in debt, resulting in lower annual interest costs and allowing those savings to be invested into priorities such as health care, education and social safety nets.

"Saskatchewan is forecast to lead all provinces in economic growth this year and next, and strong revenue from our resources has allowed us to help individuals and businesses with higher costs due to inflation, while paying down debt. That's growth that works for everyone," Deputy Premier and Finance Minister Donna Harpauer said. 

Also helping with affordability, families in Saskatchewan with children enrolled in sports, arts and cultural activities will continue to be able to claim the Active Families Benefit on their 2022 taxes. 

The benefit was reinstated in 2021 and provides a refundable tax credit of $150 per year, per child, to eligible families. Families of children with a disability will receive an additional $50, for a total tax credit of $200 per year, per child. Parents who enroll their children in sports, arts and cultural activities are reminded to keep their receipts so they may claim the benefit with their annual tax filings.

"Our government recognizes that costs have risen due to inflation, and we are committed to taking steps to help keep life affordable for Saskatchewan people," Harpauer said.


For more information, contact:

Jeff Welke
Phone: 306-787-6046
Cell: 306-536-1185

We need your feedback to improve Help us improve