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Tuesday, April 14, 2009

New Legislation Means Lower Taxes

2009/04/14

15:49:31

The Plan for Lower Taxes in New Brunswick is being introduced by Finance Minister Victor Boudreau and plans to guarantee tax savings throughout the province.
The four year plan will start showing benefits as of the 1st of July, and ensures every New Brunswicker will be protected from inflation.
One change found in the plan is to provide lower taxes for businesses. The general corporate income tax rate is being reduced by 1 per cent, and will continue to shave off a percentage every year until 2012.
For information on where to find complete details on the changes, check out
http://www.gnb.ca/0160/budget/buddoc2009/Plan_for_lower_taxes-e.pdf


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