Tax


Revised (3/27/18) 6% PST applies to Sask. Insurance Premium

Revised (3/27/18) 6% PST applies to Sask. Insurance Premium

As of August 1, 2017, Saskatchewan has implemented a 6% Provincial Sales Tax (PST) to Insurance Premiums, which includes Employee Benefit Plans (including ASO/Self-Insured arrangements). It is applicable where the business or person holding the policy is a Saskatchewan resident. The PST is due at the time of sale, purchase, or renewal, (depending on payment arrangement, but usually monthly) on the total premium amount as specified in the contract of insurance.