AB tax in 2007' a! r8 G1 i- `
13% under 25k) g* |. X: ?; B) j
21% under 50k! x) b8 v2 D3 R
25% under 75k * j9 `! L% D, L3 E" k29% under 125k . Z0 C( E" o% R: q2 x5 w4 |/ h+ I7 i& R/ m1 d5 e
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! r% g3 V( ~; ]7 Y7 O/ z- X5 G
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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. ; P3 k3 Q' T( n# C! Q5 w% Y+ {' z, X+ x% J3 d/ k
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 mistake9 C8 J! i$ O! |2 X1 v) {. Q( Y
really appreciate that. + Y: x/ m( ]# _0 J% \2 w% W7 Sas i mention above, i am a student and dont have any professional background.) R* S. }- q0 W% j$ O4 i
strongly recommend LZ to talk to professionals.