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...
The Community Economic Development Business (CEDB) program is a method for Islanders to invest in economic development within their community.
This Guide provides general descriptions of the temporary recapture of input tax credits (RITC) requirement that will apply as a result of the introduction of the Harmonized Sales Tax (HST) in Prince Edward Island (PEI). The RITC requirement will be proposed to be implem
Changes to personal income tax rates that came into effect January 1, 2025, will help Islanders keep an estimated $20 million of their money this calendar year alone. “We're listening to Islanders who are asking for relief to help ease the cost of living.This is the sixth...