Home -> Manitoba -> Manitoba Provincial Budgets -> Budget 2012
Manitoba 2012 Budget
Personal and Corporate Income Tax
 | Reduction in enhanced dividend tax credit rate, from 11% to 8%, for 2012 |
| Increase in Tobacco Tax rate effective midnight, April 17, 2012, from 22.5¢ to 25¢ per cigarette |
| Increase in fuel tax on unmarked gasoline and diesel fuel from 11.5¢ to 14¢ per litre, and marked gasoline increase of 3¢ per litre, all effective May 1, 2012 |
| New refundable corporate data processing investment tax credit |
| Enhancement of Co-op education and apprenticeship tax credits |
| Corporation capital tax on financial institutions increased from 3% to 4% |
| Amendments to the Neighbourhoods Alive! Tax Credit retroactive to April 12, 2011 |
Sales Taxes
Effective July 1, 2012:
| Certain personal services will now be taxable: spa treatments, non-medical skin and nail services (e.g. pedicures, manicures, facials), hair services (haircuts, hairstyling, hair removal and augmentation), tattooing and piercing. No sales tax will apply to haircuts costing less than $50. |
| Sales tax will be applied to prescribed insurance premiums under a contract of insurance, other than for health, accident or sickness, Autopac, or individual life insurance. This includes property and casualty insurance, group life insurance, trip cancellation insurance, baggage insurance, and land titles insurance. The tax will apply where the insured is a person resident in Manitoba or the premiums are paid in respect of property located in Manitoba |
To reduce tax administration costs for businesses, the tax return filing frequency will be reduced, allowing 17,000 businesses to file their sales tax returns less often.
For complete budget information, see the following on the Manitoba Finance website:
Taxation Adjustments (pdf)
Revised: September 20, 2024