A number of tax changes effective January 1, 2020 to provide Islanders more disposable income. The basic personal income tax amount increases to $10,000 from $9,160, the small business tax rate drops by another 0.5 per cent to 3 per cent, and the low income threshold moves from $17,000 to $18,000.
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The Vanier Institute of the Family is a national, independent, charitable organization dedicated to understanding the diversity and complexity of families and the reality of family life in Canada. The Institute offers access to a range of publications, research initiatives, presentations and social media content to enhance the national understanding of how families interact with, have an impact on and are affected by social, economic, environmental and cultural forces.
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