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Manitoba 2010 Budget - March 23, 2010
Personal Income Tax
Personal Tax Credits
Personal Tax - Previously Announced Changes
There were no further changes to personal income tax brackets or rates. These were previously revised for 2008 to 2011 by the 2007 Budget. However, the tax changes after 2008 were subject to budget balancing provisions. As of March 23, 2010, the 2010 tax brackets and personal income tax rates remain unchanged from 2009.
Corporate Income Tax Rates
As previously announced in Budget 2009, the small business corporate income tax rate is reduced from 1% for 2009 to zero, effective December 1, 2010. The dividend tax credit rate for small business dividends will be reduced to 1.75% of grossed-up dividends starting with the 2011 taxation year.
For information on other budget measures for business, see the Manitoba Budget 2010 Taxation Adjustments (pdf) document.
Revised: October 26, 2023
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