Bookkeeping › Prince Edward Island
Bookkeeping in Prince Edward Island.
Your books done the day you upload your statements, with Prince Edward Island's taxes worked out, for $79 CAD a month.
Free to join. The first 1,000 in get their catch-up free.
Sales tax
Prince Edward Island charges 15% HST on most sales. Once your sales pass $30,000 in four quarters in a row (or in one quarter), you register, charge it and file GST/HST returns.
Income tax
Prince Edward Island taxes income at 9.5% to 20% in 2026, on top of federal tax of 14% to 33%, on the profit from your business.
CPP
Working for yourself, you pay both halves of CPP: 11.9% of your earnings from $3,500 to $74,600 in 2026, plus 8% more up to $85,000.
Deadlines
Sole proprietors file by June 15 and pay by April 30. Once you owe more than $3,000, CRA asks for instalments on March 15, June 15, September 15 and December 15.
Contractors
Paid someone more than $500 for services in a year? They may need a T4A slip by the end of February.
Figures for 2026. Rates change, so check with your accountant before you file.
By kind of business.
Cities in Prince Edward Island.
Clean books anywhere in Prince Edward Island.
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Free to join. The first 1,000 in get their catch-up free.