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 »

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