Overview
Insurance Premiums Tax returns must be completed annually. Returns are due no later than March 15th of each calendar year.
You must complete and submit your Insurance Premiums Tax return by the due date to avoid penalty and interest charges.
Eligibility
Insurance companies doing business in Saskatchewan must file an Insurance Premiums Tax return. Marine and reinsurance is exempt from the Insurance Premiums Tax.
How to File
There are three ways to file and pay your Insurance Premiums Tax Return:
- Effective February 1, 2025, returns must be filed online using Saskatchewan eTax Services (SETS), which is an online service that offers a secure, fast and convenient way to file your IPT return.
File using SETS
- Registering for SETS will allow you to access all provincial tax accounts, see past transactions, view a statement of account, etc.
- Online using SETS (Electronic Funds Transfer (EFT)); or
- Through your personal or business online banking services; or
- Through wire transfer.
You may also remit your tax payment non-electronically:
- By mailing your cheque to the address above; or
- By paying through a bank teller at your financial institution.