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.
P.E.I. government announces tax changes
- 2019-12-23
Domain: Economy
Government:Provincial/Territorial, Prince Edward Island
Tags:Family Finances
Share on social media
Share on facebook
Share on twitter
Share on linkedin
Share on email