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Tax changes leave more money in the hands of Islanders and businesses
2020-12-31
A number of tax changes announced within the 2020-2021 Operating Budget will leave more money in the hands of Islanders and businesses now when they need it most. The changes include the increase of the Low-Income Reduction Threshold from $18,000 to $19,000, the increase in the Basic Personal...
Property Tax Relief Measures Due to COVID-19
2020-12-10
Due to the Public Health Emergency of COVID-19, property tax relief measures are now in place, including the option to defer property tax payment. The measures include the following: deferring provincial property tax and fee payments until December 31, 2020; extending property assessment appeal...