P.E.I. government announces tax changes

Domain: Economy
Government:Provincial/Territorial, Prince Edward Island
Tags:Family Finances

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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