AB tax in 2007! y$ ^* T+ @' i, `1 o
13% under 25k 3 w3 j+ Z1 ^: k4 K2 u7 o z8 C21% under 50k- C' P9 {0 S u$ E, M" K
25% under 75k+ a3 Y A- I- C2 H! H- @
29% under 125k , N; Y3 }7 |& L& ?4 S* |- \0 S8 C3 |7 h, J
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. - S0 s% t9 v# E; G) E Y, f' p M# B* O- J) J8 q
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. 2 T7 J& J6 T. o0 f4 u( Z1 |1 S3 C' Q2 ~9 N. { G6 n7 A
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 mistake 9 n' I# F& W* [3 i: U Freally appreciate that.6 J9 Z& Z9 w* \3 \$ C% i$ y
as i mention above, i am a student and dont have any professional background. ; ~4 k, N0 i9 ~ `/ k- Bstrongly recommend LZ to talk to professionals.