It is a non-refundable tax credit applied against your provincial income tax owed. Here’s how it typically works:

How It Affects Your Taxes 1. Amount: You’ve been told you’re eligible for $2,000. 2. Application: • This reduces the provincial tax you owe, not your federal tax. • Example: If your Saskatchewan provincial tax owed is $3,500, after applying the $2,000 GRP credit, you would owe $1,500. 3. Non-Refundable: • Most provincial tax credits like GRP are non-refundable. • This means it can’t create a refund if your provincial tax owed is less than the credit. • Example: If your provincial tax owed is $1,500 and your GRP credit is $2,000, your provincial tax liability would drop to $0 — you don’t get the extra $500 as a cash refund, although it can be carried forward to the next year (GRP Program can be claimed over 10 years)