Tax Exemptions

293 Tax Exemption

The 293 exemption from The Municipalities Act clause 293(2)(e) is a tax exemption specifically for rural municipalities in Saskatchewan.  If you own or lease agricultural land in a rural municipality or an adjoining municipality, the tax exemption can reduce the taxable assessment of your home. The reduction is capped at the total assessment value of the land you own or lease in those municipalities.  Please be advised that dwellings located in unorganized hamlets, organized hamlets, or larger areas with a lot size of less than one acre are not eligible for the exemption, regardless of ownership of agricultural land.

Qualifying Municipalities are as follows: RM of Lajord No. 128, RM of South Qu’Appelle No. 157, RM of North Qu’Appelle No. 187, RM of Cupar 218, RM of Lumsden No. 189, RM of Sherwood No. 159, and RM of Bratt’s Lake No. 129.

If you believe this 293 exemption may apply to you, please fill out the 293 Affidavit, and submit any farmland lease agreements with your municipality March 31 of the current year.  If submitted after this date, the exemption will not apply until the following tax year.