AB tax in 20077 v& c- T' q7 |6 A9 F% D" F# ^& n, [
13% under 25k ; ^6 @* ?, c. y* I0 o21% under 50k9 V7 C# E. {- O9 }
25% under 75k2 t( H$ Y; a; n# l5 \3 Q
29% under 125k % H2 A2 A0 H4 W 9 p2 _8 Y1 ~1 d0 U6 GFor 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. $ M, I O; k0 ~$ b9 a/ F/ A# b% C- T+ ~, r2 L
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. % R9 z: `1 a0 f+ g" l( ^, t 4 K' V% W0 _! `& _7 I( ]% m7 A; mI 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 ! i5 R" R$ D+ L$ Wreally appreciate that.1 V) x: J+ g% O3 _7 i0 O
as i mention above, i am a student and dont have any professional background. : t, i# ^ G" hstrongly recommend LZ to talk to professionals.