06 March 2020

Yukon budget 2020-21

Yukon Premier and Finance Minister Sandy Silver tabled Yukon's fiscal 2020-21 budget on March 5. The budget contains no new taxes but contains an increase in the existing insurance premium tax rate as well as a reduction in the small-business corporate income tax rates. The minister projects a surplus of $4.1m for 2020-21.

A Tax Alert prepared by Ernst & Young Canada, and attached below, provides additional details.

———————————————
ATTACHMENT

Full text of this Tax Alert

Document ID: 2020-0517