AB tax in 20070 T6 y& c5 }. ]+ j
13% under 25k ; Y$ _% T5 j& p: S: A& A9 y21% under 50k ; M8 o) [ ?: J( G; q m- y25% under 75k 7 F6 T6 }+ t0 V( |29% under 125k) W" { r9 Q' U/ {6 h
n0 W" D9 M" X4 N/ v
For the RRSP, I made a mistake. The contribution is in the yr and 60 days following the yr. It means that if u purchase any RRSP from Jan 1 2008 to March 1 2009, it is exempt from ur taxable income in 2008.* R" A& O* o0 u z5 J6 O8 x! I
; |3 q* G8 m a. S9 `
The RRSP calculates very complicately and u should ask for professional help. One thing important is that u should not contribute more than u should be. If u contribute too much, there is at least 1% penanity until u take out the money.& o- p x/ E4 I; K; o
$ j0 u9 \6 z1 D
I am still a student and dont have any professsionl background in this area. therefore, it is not a good idea to provide helps. But if u have any question, always can ask for help from me.
sorry for the mistake4 a5 m7 m1 l. w9 M, E
really appreciate that. " E3 T! D; O7 J$ I: yas i mention above, i am a student and dont have any professional background.1 X _) J/ j% U2 _
strongly recommend LZ to talk to professionals.