Finance Minister Scott Fielding has announced the Manitoba Government is ringing in the new year with tax relief for Manitobans. He says the 2020 Tax Rollback Guarantee will save Manitobans an average of 2,020 dollars over the next four years.

Measures will include eliminating the sales tax on home insurance, personal services such as haircuts and on professional personal income tax return preparation as well as phasing out education property taxes once the budget is balanced. 

In 2020 by indexing the basic personal amount and personal income tax brackets the province estimates another 33 hundred Manitobans will be removed from the tax roll and sales tax will be eliminated from the preparation of wills, health care directives and powers of attorney. 

To assist businesses the province is committed to reducing interest rates on provincial tax debts from the current prime plus six percent decreasing by one percent over the next three years to prime plus three percent in January 2022.