Acts and Regulations

2024-80 - Seniors’ Tax Benefit

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Current to 1 January 2024
NEW BRUNSWICK
REGULATION 2024-80
under the
New Brunswick Income Tax Act
(O.C. 2024-256)
Filed September 19, 2024
Under section 124 of the New Brunswick Income Tax Act, the Lieutenant-Governor in Council makes the following Regulation:
Citation
1This Regulation may be cited as the Seniors’ Tax Benefit Regulation – New Brunswick Income Tax Act.
Definition of “Act”
2In this Regulation, “Act” means the New Brunswick Income Tax Act.
Overpayment
3For the purposes of subsection 52(1) of the Act, the amount of the overpayment for the 2025 taxation year and for subsequent taxation years is $600.
Commencement
4This Regulation comes into force on January 1, 2025.
N.B. This Regulation is consolidated to September 19, 2024.