search

Manitoba Budget Cuts Tax on Property, Enacts Tax on Digital Services

WINNIPEG—Many Manitobans will soon be paying less in property tax while forking out more to use online digital services. The Progressive Conservative government’s 2021-22 budget released Wednesday includes some long-promised tax relief, some new tax revenues from the digital economy and millions of dollars in promised COVID-19 relief. “Our plan is to really protect Manitobans through COVID-19 and advance the provincial economy past the pandemic,” Finance Minister Scott Fielding said. The budget includes the first step in a plan to phase out education taxes on property and instead fund schools directly from provincial coffers. Residential and farmland owners are to receive a 25 percent rebate this year, while owners of commercial and other land are to get a 10 percent rebate. The rebates are to be cut again by equal amounts next year, resulting in total savings of $1,100 for the average homeowner, the government said. The province also plans …

Related Post

This website uses cookies.