Canada: Tax provisions in Manitoba’s 2016 budget

Canada: Tax provisions in Manitoba’s 2016 budget

Manitoba’s 2016 budget, presented 31 May 2016, did not include any changes to the province’s corporate taxes, and there were no changes to the individual tax rates. Among the tax provisions announced in the 2016 budget are:

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  • Measures to index the individual (personal) income tax brackets and the basic personal amount to inflation 
  • Proposals to extend the small business venture capital tax credit to 2019
  • A planned review of the province’s individual and business tax credit system 

 

Read a May 2016 report [PDF 66 KB] prepared by the KPMG member firm in Canada: Highlights of the 2016 Manitoba Budget

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