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State seeks to boost Reits uptake with VAT removal
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“I think if you asked the vast majority of Manitobans … I don’t think they would say they are rich,” said Finance Minister Scott Fielding. “That dog don’t hunt, it doesn’t wash. Someone who is paying on average, in Manitoba to the education property tax about $1,700, so paying a $3,200 tax bill when you take into consideration municipal taxes. I wouldn’t categorize that as someone who’s rich, it’s just providing a much needed break for everyone.”
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I can also say, as a renter for the last 21 years in three different provinces, I welcome the news of a rent freeze for 2022 and 2023. Yes, our own rebate on the education tax is being phased out as well, but Manitoba is the only province in Canada that has a rebate to renters based off the education tax. After having previously lived in B.C. and Alberta, it didn’t even cross my mind that this would be a thing when I moved here in 2019. It was a welcome surprise but this can be bala
THE STANDARD By
Peter Theuri |
February 13th 2021 at 00:00:00 GMT +0300
Courtesy
Kenya Association of Manufacturers (KAM) is lobbying for reinstatement of the electricity rebate programme, which was gazetted on July 31, 2019 for implementation but was removed months later through the Tax Laws Amendment Act, 2020.
It also wants a review of the Time-of-Use (ToU) policy to bring on board more industry beneficiaries through a new formula based on current industry power consumption data.
ToU metering is a method of measuring and charging a utility customer’s consumption based on when the energy is used. The tariff was implemented by the government in December 2017 to benefit commercial and industrial consumers.
Winnipeg Free Press
Tories make good on promises to eliminate probate fees, reduce payroll tax burden; critics decry revenue loss By: Carol Sanders | Posted: 7:00 PM CST Tuesday, Dec. 29, 2020
The province s elimination of death taxes this year is being both praised and panned by politicians and lawyers.
The province s elimination of death taxes this year is being both praised and panned by politicians and lawyers.
On Nov. 6, the budget implementation bill that contained several changes to legislation including the elimination of probate fees was proclaimed by the legislature.
The revenue generated from law fees and probate charges was more than $9 million a year, according to information provided by the province.
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