On 10 April 2025, the Prince Edward Island budget was tabled and included tax measures affecting corporations and individuals.The budget proposed to decrease the provincial general corporate income tax rate from 16% to 15% and increase the CA$500,000 small-business limit to CA$600,000, effective 1 July 2025.The budget also included a proposed increase in the provincial personal income tax brackets of 1.8% and increases to certain personal tax credits. On 10 April 2025, Prince Edward Island Finance Minister and Chair of Treasury Board Jill Burridge tabled the province's fiscal 2025-26 budget. The budget contains tax measures affecting corporations and individuals.The minister anticipates...