Some provincial tax regulations are going to be a little easier to deal
with thanks to changes announced in the Legislature by Finance Minister
Blaine Higgs.
One of those changes will impact the amount of sales
tax you pay on a used vehicle if it's not listed in the valuation books
used by Service New Brunswick - the government agency will provide what
Higgs calls "a common sense estimate."
But the Minister says you will
still have the option of obtaining an independent appraisal of the
vehicle for tax purposes - meantime Higgs is also reducing the amount of
paperwork required by companies and independent businesses to claim tax
free amounts of fuel - and - reporting will now be based on the
company's fiscal year rather than the provincial government's fiscal
year.