Biggest tax break since RRSPs: Who knew? - Canada.com
Biggest tax break since RRSPs: Who knew? Canada.com, Canada With the TFSA, there is no upfront tax break. You put money in the plan with after-income-tax dollars but from that point on, both investment growth and withdrawals are completely free of any further taxation. When Pape mentioned these characteristics ... |
Surplus for 2008-09 'still a possibility' - Canada.com
Nanaimo Daily News | Surplus for 2008-09 'still a possibility' Canada.com, Canada "This adjustment will reflect corporations having overpaid on their instalments of corporate income taxes and individuals having much lower capital gains," Mr. Burleton said. For instance, individuals could obtain refunds on capital gains tax paid in ... Canada budget still in surplus in February Ottawa clinging to $1.3-billion surplus as fiscal year end nears Flaherty pledges swift spending to boost economy |
Drilling down for tax credits - Financial Post
Drilling down for tax credits Financial Post, Canada ... long been a legitimate way to defer tax on current income while taking a flyer on speculative Canadian resource enterprises. Unlike "buy-low, donate-high" charitable-giving tax shelters, the Canada Revenue Agency has no problem with flow-throughs. ... |
Top 10 tax tips for the April 30 deadline and beyond - Vancouver Sun
Top 10 tax tips for the April 30 deadline and beyond Vancouver Sun, Canada Beneficiaries age 49 and younger can also apply for income-tested Canada Disability Savings Grants and Bonds. 9. Convert non-deductible debt to tax-deductible debt Consider making your interest expense tax deductible by paying off non-deductible debt ... |
Federal tax breaks to help purchasers - Calgary Herald
Federal tax breaks to help purchasers Calgary Herald, Canada To assist first-time homebuyers with the costs associated with the purchase of a home, the federal government introduced a FTHB Tax Credit in 2009—a$5000 nonrefundable income tax credit amount on a qualifying home acquired after Jan. 27. ... |
Tax tips to help last-minute filers - TheChronicleHerald.ca
Tax tips to help last-minute filers TheChronicleHerald.ca, Canada Even if you only worked a few days in 2008, you can still claim the Canada Employment Credit if you have any employment income. Your Employment Insurance benefits are taxable but if you paid income tax at some point in the year, you may be able to get ... Top 10 tax tips for the April 30 deadline and beyond |
Big-house dream comes with big debt - Globe and Mail
Big-house dream comes with big debt Globe and Mail, Canada They have a combined monthly after-tax income of $14508 and expect that Ellen's annual after-tax income of $37056 will rise to perhaps $60000 within a few years before she takes maternity leave. "We have focused on debt repayment," says Donald, ... |
Still time for Harper to fix trusts mistake - Financial Post
Still time for Harper to fix trusts mistake Financial Post, Canada It's been two and a half years, and a Great Recession, since the income trust tax of 31.5% was announced by Finance Minister Jim Flaherty and the Prime Minister. At the time, I said: Prove the case that trusts should be shut down with this tax because ... |
Tonics for tax slackers - Canada.com
Reuters | Tonics for tax slackers Canada.com, Canada Some are free if you are a low-income Canadian or student. Walk into any business supplies outlet and you'll likely find three major shrink-wrapped tax CD-ROM versions for Windows-based personal computers. Intuit Canada's QuickTax remains the nation's ... Media Advisory - H&R Block's Top Five - 'What to Claim' |
Past notes: The end of the new Labour project - Times Online
Financial Times | Past notes: The end of the new Labour project Times Online, UK A 50 per cent top rate of income tax may not compare with the 83 per cent enforced by Denis Healey, and Mr Darling has not, yet, had to follow Healey's humiliating example of begging the International Monetary Fund for emergency cash. ... Video: Budget 2009: The Shadow Chancellor's response Morning Market Recap: Stocks Lower, Sterling Down |
