New Year, New tax rules

January 11, 2016

 

As the New Year begins new tax rules have come along and even if the new top federal income tax rate doesnt affect you, checking your financial plan will keep you on track for 2016!

 

Although the new tax bracket will only affect those earning over 200 thousand annually, Canadians dodging that bracket will notice their annual tax-free savings account contribution limit reduced back to 55 hundred.

 

Yahoo Finance takes a great look at what to expect for this year

 

https://ca.finance.yahoo.com/news/tax-rates-changes-tfsa-limit-reduction-means-reviewing-170008779.html

Please reload

Featured Posts

I'm busy working on my blog posts. Watch this space!

Please reload

Recent Posts

October 17, 2019

January 30, 2018

January 11, 2016

September 25, 2014

Please reload

Archive
Please reload

Search By Tags
Please reload

Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square