The provincial government will make tax changes so that Islanders and businesses can keep more money in their pockets as the province continues to recover from the effects of COVID-19. The changes are effective January 2022 and include: Increasing the basic personal income tax...
Today, Premier Dennis King and Finance Minister Darlene Compton delivered government’s 2020-21 operating budget that outlines $2.5 billion in spending for programs to assist Islanders, businesses, and industry recover from COVID-19, while optimistically turning an eye to the...
A number of tax changes, including a tax credit for volunteer firefighters and ground search and rescue (GSAR) first responders will be introduced in the new year. The changes will be effective January 1, 2022 and include: increasing the firefighter tax credit from $500 to $1,000...
Hon. Darlene Compton, Minister of Finance delivered the budget address to the Legislative Assembly of PEI on March 12, 2021. Good Morning Mr. Speaker, Bonjour, Kwe. Mr. Speaker, it gives me great pleasure to rise in this Assembly and present the planned spending of the government...
Today, the Province released all three volumes of Public Accounts which include the audited financial results for government from the 2020-2021 fiscal year, and shows a deficit of $5.6M. Public Accounts is an annual financial summary and accountability report of the Government of...
If there is a credit to your property tax on your statement of account, you can either use the credit towards the next year’s property taxes or request a property tax refund.
The Province today released Volume one of the 2019-2020 Public Accounts that show the audited financial results for government from the 2019-2020 fiscal year, including a surplus of $22 million. Public Accounts is an annual summary and accountability report of the Government of...