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Quebec’s finance minister is announcing personal income tax cuts are in the offing.

Read: Tax items to discuss with clients before year-end

Carlos Leitao said Wednesday that details of the cuts will be announced in next Tuesday’s economic update.

Leitao says in a video posted to Facebook alongside Premier Philippe Couillard that citizens in what he calls the middle-income tax brackets will see a concrete reduction in taxes.

The finance minister adds the economic update will include a plan he says is unique in North America to help reduce poverty.

Quebec tabled its third-consecutive balanced budget last spring, which included a modest $55 tax cut for the 2017 tax year.

At that time Leitao said the province was on pace to end the 2017-18 fiscal year with a $2.5-billion surplus.

Also read:

Drop remaining tax proposals: Manitoba finance minister

Liberals to index CCB, expand working income tax benefit

Originally published on Advisor.ca
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