Use the calculator below: Read more → SARS can now fine you or take you to jail for these tax mistakes Posted 18 June 2021 In the past SARS needed to prove that a taxpayer had committed a tax crime “willfully and without just cause” but the legislation has just been changed. The...
Please use our handy medical calculator to see what your medical tax credit will be. SARS disallowed all my medical expenses including my expenses that I sent to my medical aid - can I lodge a dispute? As long as the return was not filed more than three years ago, yes you can ...
A record number of millionaires have left Britain since Sir Keir Starmer came to power and there is growing concern that Labour’s tax plans are exiling international investors and damaging the economy. …In total Britain lost a net 10,800 millionaires to migration last year, a 157 per cent...
…He would pay $1.1 million more in California, $1.5 million more in New York and $1.4 million more in Toronto, according to a calculator provided publicly by Cardinal Point Athlete Advisors. Over the length of the contract that could save him up to $12 million. …the New York Rangers ...
"The millionaire tax is designed to ‘catch’ the higher earners that the legislatures feel are not paying their fair share." - Tim Gagnon, CPA and Northeastern University instructor Give a little (OK, a lot) In addition to the obvious advantages of being wealthy, there are a few tax-rel...
Having explained the tax rules, our Smith Manoeuvre Calculator can be used to compare both strategies. This is the scenario and conclusions that we arrived at:Instead of borrowing home equity as it accumulates to invest in a non-registered portfolio, borrow to invest in an RRSP, and apply ...
Tim Benson wrote on the Riotact,“Not only does RSM help me with my business and tax, they actively support my business …” Global Accounting Services Global Accounting Services specialises in professional and reliable tax services for individuals, those who own investment properties, small business...
If you have no income can you also use your personal allowance before using your capital gains allowance. So a zero income might have around 25k CGT? 42TimFebruary 17, 2021, 3:36 pm Thanks for a very useful and timely article.
March 11, 2023 at 10:01 am Tim, thank you so much for your walkthrough with screenshots. This is so helpful. I have a question. When I get to the “IRA Deduction Summary”, for some reason I don’t get the $0 amount that you did. I get $6,000. I’m not sure what I did ...
Transforming Indigenous Mental Health and Wellbeing (TIMHWB) have produced a Fact Sheet: First Nations Youth and the Justice System, an executive summary of the article ‘First Nations peoples and the law’ by Milroy and colleagues 2021. The headings in the fact sheet include: Historical and Co...