Government of Saskatchewan ministries, Crown corporations and organizations are implementing contingency plans to minimize the impacts of postal service disruption.
Les ministères, sociétés d’État et organismes du gouvernement de la Saskatchewan mettent en œuvre des plans d’urgence visant à réduire les répercussions de l’interruption du service des postes.
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:
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.
Released on March 27, 2024
The Government of Saskatchewan introduced legislation today to provide relief to small businesses in the province.
As outlined in the 2024-25 Budget, The Income Tax Amendment Act, 2024 maintains the small business tax rate reduction in Saskatchewan at one per cent until June 30, 2025.
"Small businesses are the backbone of our provincial economy," Deputy Premier and Finance Minister Donna Harpauer said. "We are pleased to maintain the small business tax reduction to help support their growth and allow owners to reinvest in their businesses."
Saskatchewan temporarily suspended the small business corporate income tax rate of two per cent in Fall 2020 to support small businesses in the province through the pandemic and the ensuing recovery. Following an extension in 2022, the rate was scheduled to gradually return to two per cent, beginning at one per cent on July 1, 2023. It was then set to return to two per cent on July 1, 2024, but it will now remain at one per cent until June 30, 2025.
With the extension, an estimated 31,000 small businesses in Saskatchewan will save $56 million in corporate income tax. The small business rate was first lowered in 2020, and is expected to save Saskatchewan's small businesses an estimated $416 million in total.
Saskatchewan businesses continue to enjoy a very competitive tax environment. The province currently has the second-lowest small business tax rate in Canada. In addition, the amount of eligible business income on which the small business tax rate applies remains at $600,000, which is the highest threshold in Canada.
-30-
For more information, contact:
Media RelationsWe need your feedback to improve saskatchewan.ca. Help us improve
