Nova Scotia’s Finance Minister has delivered the 2014-15 budget which does not include any changes to the tax rates. The budget is maintaining the harmonized sales tax (HST) rate at 15%. The budget also proposes to scrap the graduate retention rebate. The Nova Scotia government has announced its intention to conduct a comprehensive review of taxes based on principles of simplicity, fairness and competitiveness. The results of the review will be announced in autumn 2014.
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