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Monday, June 29, 2009

New Brunswickers to Pay Lower Taxes July 1

New Brunswickers will see a bigger pay cheque after July first. That's when provincial residents will begin to benefit from The Plan for Lower Taxes, released as part of the 2009-10 budget. The plan includes more than 380 million dollars in annual tax savings by 2012-13. Personal income tax savings this year will be about 124 million dollars.

For example: A single individual making 25,000 dollars per year will save 202 dollars this year and 473 dollars annually by 2012. New Brunswickers can learn more about The Plan for Lower Taxes and calculate their own tax savings online.

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