September 18th, 2009
Based on the Speech from the Throne yesterday, there are a few interesting things to watch for in the upcoming provincial budget on September 24.
The speech states that: “We will establish a graduate tax incentive, providing up to $15,000 to keep university and community college graduates here at home. ¬†Education must be accessible. Our future prosperity depends on it.” ¬†Currently the province gives graduates who stay in Nova Scotia a $2,000 tax rebate. ¬† $15,000 sounds even better. Watch for details in the Thursday budget.
Also, this morning Premier Dexter announced a new¬†10 per cent credit to businesses in the manufacturing and processing sector that are investing in machinery and equipment. ¬†No real details yet, but the program only begins in January so stay tuned.Filed under: Business tax, Consumer Tax by David Boese No Comments »