28 Village Centre Pl, Unit 208, Mississauga, ON, L4Z 1V9

416-318-6789

Prince Edward Island tuition and education amounts

Beginning in 2020, the Prince Edward Island tuition and education amounts will be reduced by any Canada training credit claimed for the year.

Change in provincial non-refundable tax credit

Provincial non-refundable tax credits have been increased resulting in more tax savings for you. Here is the summary of changes:

  • Basic personal amount increased to $10,000 ;
  • Maximum spouse amount and amount for an eligible dependent increased to $8,493 ;