From the category archives:
And not just for investors in Ontario. Because of the way mutual funds are sold and fees gathered, the new, higher tax proposals would affect all mutual fund investors in Canada.
But recently, Ontario premier Dalton McGuinty said there might be some modifications to the Ontario government’s plan to levy the new 13% harmonized sales tax [...]
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Lately I’ve been reading more about the Roth IRA on good posts like the ones over at Financial Nut or NoDebtPlan. It has struck me — and I could be wrong, I’ll have to gather more details, maybe from you, dear readers, below — that Canada’s TFSA (tax-free savings account) is a rough equivalent to [...]
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First things first; the tax refund is just that – it’s YOUR money being returned BACK to you. It’s not new money. It’s money that ideally you wouldn’t have lent to the government in the first place. Talk to your employer’s accounting department (or whomever handles the tax reporting) about reducing the amount in taxes [...]
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