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Tax Information

 

Tax Information: What's New


Interest rates are set every six months. The rate applied is the prime rate of the financial institution holding the Province's General Revenue Fund plus 3%.

Current and historical interest rates are as follows:

Period
Taxes Owed
Jan 1/2002 to June 30/2002
7.00%
July 1/2002 to Dec 31/2002
7.25%
Jan 1/2003 to June 30/2003
7.50%
July 1/2003 to Dec 31/2003
8.00%
Jan 1/2004 to June 30/2004
7.50%
July 1/2004 to Dec 31/2004
6.75%
Jan 1/2005 to June 30/2005
7.25%
July 1/2005 to Dec 31/2005
7.25%
Jan 1/2006 to June 30/2006
8.00%
July 1/2006 to Dec 31/2006
9.00%
Jan 1/2007 to Jun 30/2007
9.00%

 

 

 

 

 

 

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Last updated:
December 20, 2006