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To calculate your property taxes using the ad valorem method of taxation: Your property is assessed by the municipality's assessment service provider (usually but not necessarily the Saskatchewan Assessment Management Agency) who calculates a value for tax purposes.
- 1855 Victoria Avenue, Regina, SK, S4P 3T2
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View current Education Property Tax (EPT) mill rates used to calculate your property taxes. Municipal Property Tax. Municipalities (cities, towns, villages, resort villages and rural municipalities) raise most of their revenue through property taxes. Seniors Education Property Tax Deferral Program.
Sep 5, 2023 · Calculation of the Tax in Saskatchewan. After your property is assessed by the assessment service provider of your municipality which is usually the Saskatchewan Assessment Management Agency (SAMA), a taxable rate established by the province will be applied to the full value which determines your taxable assessment.
Property Tax Calculations. The property tax calculation is shown in the following formula: Taxable Assessment. Taxable Assessment = Assessed Value × Provincial Percentage. Taxing Authorities. Municipal Levy = Taxable Assessment × Municipal Mill Rate × Mill Rate Factor ÷ 1000. Library Levy = Taxable Assessment × Library Mill Rate × Mill ...
SAMA’s role in determining assessed value for properties is just the first part of a process established by provincial legislation. The second part is the application of provincial government established tax policy, such as property classes, percentage of value, and statutory exemptions.
Please note: this tool now reflects the 2024 Property Tax amounts under the Tax Information Tab. This easy-to-use tool will help you look up: your property's current and previous assessed value. market area information. your property's historical tax information.
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Learn more about the three components of annual property tax: Municipal Tax, Library Tax and Education Tax. Find important dates, Individual & Corporate School Tax Declaration Forms, the helpful Property Tax & Assessment Tool, your tax payment options and more.
