Erin McGrath-Gaudet says Prince Edward Island’s 2018-19 operating budget shows government is listening to small business. “A lot of business owners have spent years struggling,” said McGrath-Gaudet, the Canadian Federation of Independent Business (CFIB) director for PEI and...
New changes to the Basic Personal Amount and Business Tax Credit will provide more tax relief to Islanders and Island businesses. In Budget 2018 the Basic amount was raised by an additional $500 bringing the total to $8,660. Now, government is again raising the amount by $500...
Supporting Island families - Islanders will pay less in taxes this year due to decreases in taxes on gas and diesel. As of midnight, December 31, tax on gas is reduced by 3.42 cents per litre, with a 4.37 cents per litre reduction on diesel tax. “Islanders are working hard and...
This section provides information on payment options available to Gasoline Tax payers. Some of these payment options vary depending on whether the payer is a corporation or an individual. Refer to the following for a full list of payment options for this particular tax. What...
The provincial government will again deliver a balanced budget while continuing to invest in frontline services like healthcare, education and families. Finance Minister Heath MacDonald presented the 2018-19 operating budget to the Legislative Assembly today. The budget is...
The numbers show that 2017 was a record year for Prince Edward Island, showcasing the Island’s population, social makeup, and economy. The 44th Annual Statistical Review gathers data from provincial government departments, the private sector, and Statistics Canada to provide a...
Hon. Heath MacDonald, Minister of Finance delivered the budget address to the Legislative Assembly of PEI on Friday, April 6, 2018. Mister Speaker, it gives me great pleasure and pride to rise today to present an economic and fiscal plan for Prince Edward Island in the coming...
The Second Quarter Forecast for 2018-19 indicates a surplus of $4,354,800, an improvement from the budgeted surplus of $1,474,700. “Prince Edward Island’s economy has seen solid economic growth over the last number of years and the trend continues into 2018,” said Finance...
Persons engaged in operations set out in the Gasoline Tax Act and regulations are eligible to receive a Marked Gasoline and Marked Diesel Oil Permit. Marked gasoline and marked diesel oil are sold exempt of gasoline tax.