The Government of New Brunswick, Canada has issued a release announcing the introduction of amendments to reduce provincial personal income tax due to carbon tax revenue. This includes a reduction in the first tax bracket from 9.68% to 9.4% and an increase in the Low-Income Tax Reduction threshold from CAD 17,630 to CAD 17,840 for the 2021 taxation year. These changes are to begin on 1 July 202…