TFSA - Use TFSA to grow your investments faster!
Автор: Zoey Siu, CA, CPA, MBA, PMP
Загружено: 2021-01-20
Просмотров: 1834
Описание:
Did you know that 50% of capital gain is taxable in Canada? Generally, if you sold your property for more than the cost, you have a capital gain. 50% of capital gain is taxable at your marginal tax rate. If you put your investments in a Tax-free savings account, any capital gains, dividends, interests and withdrawal remain tax-free. In this video, I will explain what is a Tax-free savings account, and the benefits for investing in a TFSA.
RRSP - Use your RRSP to maximize your tax savings!!!
• Use your RRSP to maximize your tax savings!!!
Reference:
https://www.canada.ca/en/revenue-agen...
Please note that the Government can change the tax rules and regulations at any time. In the event of any discrepancies between this video and the Canada Revenue Agency website/ documentation, please follow the information on the CRA website or documentation.
The content of this video is intended to convey general information. It should not be relied upon as financial advice. All investments involve substantial risk of loss. Please get professional advice from your financial advisor. I do not warrant or guarantee the success of any action you take in reliance on my videos.
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