AB tax in 2007. l; ]; P) F; R M$ T1 {5 M
13% under 25k& ]9 d6 u- f" N' H
21% under 50k 5 G- B& a4 Q( }9 m25% under 75k 3 J! Q+ e8 w6 t5 m1 E29% under 125k% r6 w0 x# h& ^! m0 J
- P3 V& ?& c! N' W$ z" k+ Y
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 2008.2 c% E2 U4 M. Y: S* R, X& L
0 L9 K6 g2 i7 r. g; d1 T* RThe 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.3 S: J2 x) r0 F, b
' R6 a, v! n4 o1 n$ c e
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 ' n8 ^& t( P4 W: G; X6 Ereally appreciate that. 3 f; n" ]. _2 O" _9 U1 V# `; Tas i mention above, i am a student and dont have any professional background.' U+ X: h2 \( f% y* F* d
strongly recommend LZ to talk to professionals.