Credits & Deductions

Saskatchewan Tax Deductions From Pay for 2018

Have you ever wondered how much of your earnings are going to tax, and how much you are actually taking home? It’s important to know how much you take some so that you can properly keep a budget of your income and expenses.

Here is how much you would have taken home in 2018 if you lived in the Province of Saskatchewan, broken down for salaries of $30,000, $100,000 and $250,000.

 

Gross Salary / Pension Income: $30,000

Tax Deducted (Federal + Provincial): $3,711

CPP Deducted: $1,312

EI Deducted: $498

Net Take Home Pay for 2018: $24,479

Monthly Pay: $2,040

Semi-Monthly Pay: $1,020

Bi-Weekly Pay: $941

 

Gross Salary / Pension Income: $100,000

Tax Deducted: $25,544

CPP Deducted: $2,594

EI Deducted: $858

Net Take Home Pay for 2018: $71,004

Monthly Pay: $5,917

Semi-Monthly Pay: $2,958

Bi-Weekly Pay: $2,731

 

 

Gross Salary / Pension Income: $250,000

Tax Deducted (Federal + Provincial): $90,642

CPP Deducted: $2,594

EI Deducted: $858

Net Take Home Pay for 2018: $155,906

Monthly Pay: $12,992

Semi-Monthly Pay: $6,496

Bi-Weekly Pay: $5,996