Bill 13 — The Income Tax Amendment Act, 2025
Assented to on 2025-05-13 · Sponsor: Jim Reiter
Amends Saskatchewan's Income Tax Act to increase personal tax credits gradually through 2028, add a new fertility treatment tax credit, and create a rebate program for small business investment tax credits.
- Gradually increases basic personal, spousal, equivalent-to-spouse, dependent child and senior supplementary tax credits by $500 each year from 2026 through 2028
- Creates a one-time fertility treatment tax credit of up to $10,000, covering 50% of eligible fertility expenses, starting in the 2025 tax year
- Excludes certain fertility expenses from the credit, such as travel costs and treatments received outside Saskatchewan
- Establishes a new Small and Medium Enterprise (SME) Investment Tax Credit rebate program, capped at $140,000 per certificate and $4,000,000 in eligible investment per business
- Sets rules for how businesses apply for the SME rebate, including deadlines, required documents, and repayment obligations if amounts are overpaid
- Adds legal immunity for the minister and staff acting in good faith under the Act, and new confidentiality rules for taxpayer information
- Limits eligibility for Commercial Innovation Incentive tax credit applications made after June 30, 2027
The bill on the Legislative Assembly of Saskatchewan website