Save Our Taxes: income splitting cautions in tax planning
Mike Grenby reports Ron Walsh of Walsh King urges tax saving through income splitting at the Canadian Association of Financial Planners conference in Vancouver. He notes shifting income to a lower bracket but warns attribution rules for non RRSP money, including loans to relatives, limit this technique as government tightens rules.
MENTIONED IN THIS ARTICLE
Ottawa
Ron Walsh
Walsh King, Chartered Accountants
Canadian Association of Financial Planners
Vancouver
Walsh
Tax planning by gifting to relatives for tax relief
The article explains strategies to split income by gifting money to an adult relative or a child 15 or older, including using a child’s savings accounts and registered plans. It discusses implications for taxation, education savings, and potential capital gains shifting while noting to consult a financial adviser.
MENTIONED IN THIS ARTICLE
Walsh
Maisey speaks on women's issues at luncheon
Brenda Maisey addressed the Women's Resource Centre luncheon at Little Swiss Inn on Friday June 17, outlining the centre as a hub for women to gather for support learning and self improvement to boost social economic and political change. She cited funding constraints curbing the women's movement and urged self sufficiency for centres like the Chetwynd Women's Resource Centre. Kim Jones also urged support for the Young Moms Support Group. General meetings are the third Monday at 7 00 pm.
MENTIONED IN THIS ARTICLE
Brenda Maisey
Women’s Resource Centre
Little Swiss Inn
Maisey
Massey
Chetwynd
Kim Jones
General Women’s’ Resource Society
Women’s Centre
Canada
Forest biogeoclimatic zones guide Vancouver Region reforestation
Forest management in British Columbia uses six biogeoclimatic zones with 14 subzones and 15 variants in the Vancouver Region. Zone classification guides site diagnosis using plant, soil and topographic indicators to assess nutrients and moisture. Results steer tree species choices, reforestation planning and prescribed burn decisions to ensure economic soundness.
MENTIONED IN THIS ARTICLE
British Columbia
Vancouver Forest
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Ae Cylinder Heads Ltd
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50Th Ave
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Fred Walls Eeeee