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RETIREMENT-TAXATION BEFORE, DURING AND AFTER


Its incredible to think that as we get older our taxes increase. The retired elderly in Canada are the most heavily taxed demographic in the world. Work the numbers out yourself

 

Taxes and death get us all in the end. There are many ways to save on taxes. All of which are legal.   Try researching these or call me at 289 338 0543 I'm happy to share my views: 

DO YOU PAY TOO MUCH TAX?

  1. Defer taxes by kicking the inevitable down the road using contracts and business structures
  2. Reduce taxes by making more things tax deductible
  3. Eliminate taxes by using tax shelters, income splitting, and dividends
  4. Understand how your capital gains,dividends, interest and income are taxed
  5. Understand how parts of the tax system work in relation to your particular situation
  6. Research various products and techniques for mitigating income taxes
  7. Read the various government tax websites they have all the information you need to know
  8. Watch out for second properties and the mandatory tax reporting on your tax returns-its going to get ugly
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