Posts Tagged income
RRSP FACTS AND DEADLINE FOR MAKING YOUR 2017 CONTRIBUTION
The RRSP contribution limit for 2017 is 18% of your 2016 income or $26,010, whichever is less. The contribution limit for 2018 is $26,230. If you are a member of a registered pension plan, then you need to deduct your pension adjustment (the amount on ...
Comments Off on RRSP FACTS AND DEADLINE FOR MAKING YOUR 2017 CONTRIBUTION | Posted in Latest News,Retirement Planning,RRSP
January 24, 2018
TAX HIKE EXPECTED FOR HIGH INCOME EARNERS
The Liberal government of Prime Minister, Justin Trudeau, plans to increase taxes for high-income earners and to cut taxes for what they define as “middle class” in Canada. The new government plans to do this by reducing the federal tax rate to 20.5% from the ...
Comments Off on TAX HIKE EXPECTED FOR HIGH INCOME EARNERS | Posted in Latest News,Tax Planning
February 13, 2016
RRSP CONTRIBUTION LIMIT AND DEADLINE FOR 2016
The RRSP contribution limit for 2016 is 18% of your 2015 income or $25,370, whichever is less. If you are a member of a registered pension plan, then you need to deduct your pension adjustment (the amount on line 52 of your T4 slip) from ...
Comments Off on RRSP CONTRIBUTION LIMIT AND DEADLINE FOR 2016 | Posted in Investments,Latest News,Retirement Planning,RRSP
February 06, 2016
