AB tax in 2007 w# d8 n) f1 b1 A* J
13% under 25k0 W% e4 y' }# X) w
21% under 50k , }* c C7 D2 U$ ]( ]8 a25% under 75k7 D; j+ a n! N& a1 ]
29% under 125k 0 ?9 S. I9 m/ I4 T) x4 r( ? $ Q3 E1 v9 ]' w- ?! XFor 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. , `; h7 F1 n9 ?/ Z" m* s ( m. f% ~) g' Y& S# {( \; Q$ PThe 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./ P; G6 i1 X- q. ^3 m
# x* i- [, c) g T% s
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" r- V+ C! H o
really appreciate that./ d8 O& v. J" V& R) e0 M
as i mention above, i am a student and dont have any professional background. & G1 r X1 W4 nstrongly recommend LZ to talk to professionals.