AB tax in 2007 7 r1 ]$ N4 m, `# }& }& R13% under 25k5 U$ {5 h; j( R8 a( F6 a
21% under 50k. _+ B3 s+ [& c4 b3 _# n7 t
25% under 75k 6 h; r9 M& I1 g8 I29% under 125k0 ]; }6 S6 g( i5 S
7 a" Z' e+ j+ N9 h) K4 {
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. ) W. Z3 T' M0 {. ^# _6 k/ Q2 e) ?( T
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. % l" f) w3 z4 h$ g D% O6 N1 ?, Y 5 ]' C5 `4 x5 d8 [" hI 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 mistake3 x+ B+ v9 o# I
really appreciate that.1 O. [5 y( ^7 O4 v! s/ F
as i mention above, i am a student and dont have any professional background. 0 Z& ?5 i! [% p! [strongly recommend LZ to talk to professionals.