BILL NO. 152

(as introduced)

1st Session, 65th General Assembly
Nova Scotia
4 Charles III, 2025

 

Private Member's Public Bill

 

Income Tax Act
(amended)

 

Elizabeth Smith-McCrossin
Cumberland North

First Reading: September 26, 2025

(Explanatory Note)

Second Reading:

Third Reading:

Explanatory Note

This Bill raises the base amount for calculation of the basic personal amount for the purpose of computing individual income tax payable from $11,744 to $15,000. The new amount continues to be adjusted for changes in the consumer price index.

An Act to Amend Chapter 217
of the Revised Statutes, 1989,
the Income Tax Act,
Respecting the Basic Personal Amount

Be it enacted by the Governor and Assembly as follows:

1 Subsection 10B(1) of Chapter 217 of the Revised Statutes, 1989, the Income Tax Act, as enacted by Chapter 6 of the Acts of 2017 and amended by Chapter 6 of the Acts of 2025, is further amended by striking out "$11,744" and substituting "$15,000".

 

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