AB tax in 2007 , r$ I0 m( x) c+ y7 ]4 Y4 w13% under 25k0 y3 l: H/ t9 ?$ N3 l, G& s
21% under 50k 5 V& W# O* h' p25% under 75k( \9 b" f6 e. y3 `3 m% [
29% under 125k" a( U& C6 V4 z. @% Y
0 P2 {( P$ _7 Z5 J% b6 V
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+ @! b" A0 b- h( q3 A+ f* T5 Z
/ b g$ Y( Z9 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. 7 a6 M1 Q: c# b( f, N* C ' N l5 \# r4 LI 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 p5 o- S6 i: r4 p" ~/ b
really appreciate that.# P' _1 M5 M6 t4 R* T1 Q
as i mention above, i am a student and dont have any professional background.$ y4 [ Q R) L6 d, i1 N- D7 }+ k
strongly recommend LZ to talk to professionals.