AB tax in 2007 . L9 D& ^! @/ N# k13% under 25k 0 H# @" O( E1 u8 R6 y: p4 l21% under 50k' G& E9 J: v X( N
25% under 75k9 p0 Z' }8 `3 u, r2 ]0 w. L
29% under 125k ; ]- ^- ^% J; G( Y( {) l% B& c- Y/ |+ ^
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 2008.3 |" p8 S7 ]4 |4 o& q
% g% |0 f( x$ l, N# Y+ }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. 3 m0 \' {) O' y1 v# } Z9 X, J& ]" _2 l Z2 e7 A) `4 g
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 & B. \6 j$ S6 b* z1 {really appreciate that./ C4 u( G. Z! W4 q) @# l+ K) b% D
as i mention above, i am a student and dont have any professional background.% M0 M& [8 U+ ?4 ]5 l
strongly recommend LZ to talk to professionals.