How we are doing now

Progress has been made on decreasing the amount of taxes paid by Manitobans. Broad-based tax reductions are saving Manitobans money each year, including:

• The indexation of the basic personal amount and income tax brackets(since 2017).
• The reduction in the sales tax rate from 8% to 7% (as of July 1, 2019).
• Removing sales tax from the preparation of wills, home insurance and preparation of personal income tax returns.

As a result of these measures, Manitoba households are saving the estimated amounts noted in the table:

Data Source

The average tax savings is determined by dividing the estimated cost to government of each tax reduction measure, as outlined in the annual provincial budgets, by the estimated 500,000 households in the province.

Why This Matters

Reducing taxes enables Manitobans to keep more of their money.

Next steps

Further tax savings will be implemented during the current mandate of government. This includes the continuation of indexation, sales tax measures, and beginning the phasing out of education property taxes.

Other related links

• Annual Provincial Budgets
  Outline the various tax reductions measures