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Tax changes provide relief and assistance for Islanders affected by the pandemic
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...
Provincial Corporate Income Taxes
Prince Edward Island corporate income taxes are administered and collected by the federal government through Canada Revenue Agency on behalf of the province. PEI’s corporate income tax rates and small business threshold are set by the Government of PEI and applied to federally...
Tax relief for the new year
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...
Rules for transitioning to new HST rate released
Information is available online to help businesses prepare for the change in the provincial Harmonized Sales Tax (HST) rate for Oct. 1, 2016. The combined federal and provincial HST rate will be 15 per cent. Transitional rules are required to determine which tax rate will apply...
Budget Address 2025
Delivered by The Honourable Jill Burridge Minister of Finance and Chair of Treasury Board at the Second Session of the Sixty-Seventh General Assembly of the Prince Edward Island Legislature April 10th, 2025 Mister Speaker, Members of the Legislative Assembly, guests, It is my...
2001 Estimates of Revenue and Expenditures
The Estimates represent the financial plan of the province for the fiscal year commencing April 1, 2001, and are presented by the government in support of its request to the Legislative Assembly for authority to spend public monies.
2003 Estimates of Revenue and Expenditures
The Estimates represent the financial plan of the province for the fiscal year commencing April 1, 2003, and are presented by the government in support of its request to the Legislative Assembly for authority to spend public monies.
2000 Estimates of Revenue and Expenditures
The Estimates represent the financial plan of the province for the fiscal year commencing April 1, 2000, and are presented by the government in support of its request to the Legislative Assembly for authority to spend public monies.
2006 Estimates of Revenue and Expenditures
The Estimates represent the financial plan of the province for the fiscal year commencing April 1, 2006, and are presented by the government in support of its request to the Legislative Assembly for authority to spend public monies.