…the other partners. Life insurance can be an effective way to provide the money to fund the buy out. Here’s how it works: The company buys life insurance to insure…
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Reducing the tax taken from your pay cheque
…credits you are entitled to. Examples: spousal amount, caregiver amount, tuition and education amounts. 2. Tell your employer if your personal circum​stances change If a change in your circumstances means…
Parents and tax
…RESP Summary Canada Child Benefit (CCB) This tax-free monthly payment is made to eligible families with children under the age of 18. The payment amount is calculated each year based…
Homeowners and tax
…You won’t pay tax on any money you make when you sell your principal residence. You don’t have to report the sale on your tax return. If prices go down…
How are your investments taxed?
…in the same way or at the same rates. Some investment income attracts less tax than others. This creates opportunities to minimize your overall taxes by using certain types of…
Tips to keep your credit card safe
…avoid using public wifi such as in cafes or airports. 10. Protect your security code on the back of your card To complete a purchase, you may be asked for…