In the ongoing spirit of “Guest” Top 10 writers I’ve asked Finance Minister Colin Hansen to remind us of the “Top 10” tax cuts of special interest to rural BC Residents over the past number of years. Tax cuts that help to build the economy on clearly this strategy has worked over the years.
Have a great week!
Pat Bell - http://www.patbellmla.bc.ca
1. Personal Income Tax Reductions
· Individuals earning up to $118,000 in British Columbia now pay the lowest provincial personal income taxes in Canada.
· For the majority of taxpayers, provincial income taxes have been reduced by at least 37 per cent since 2001 and an additional 325,000 people no longer pay any British Columbia income tax.
2. Northern and Rural Home Owner Benefit