If your trying to keep all your paper-work in order for tax time, here is something else to consider. As of January.1st, the province's tax brackets and non-refundable amounts for personal income tax will be indexed by two per cent. That means there are several scenario's which can save you money including a one-earner family earning $25,000 per year will pay no provincial income tax, and will save $219 next year or 100 per cent of the tax paid in 2008.
The Province says the four year plan for lower taxes will deliver $380 million dollars in savings over that time.
