Shaelene’s Tax Tip of the Week – December 21st

Books In Line

Are you retired and still working?

Stop paying for CPP: “If you’re 65 or older, and plan to continue working, you can choose not to contribute to CPP by completing Form CPT30 Election to stop contributing to the Canadian Pension Plan, or Revocation of a Prior Election.”

Have questions?

Give us a call at 905-571-2665 (BOOK)! We’ve got you covered!

Shaelene’s Tax Tip of the Week – February 6th

Did you know? 

If you or your child was a student in 2019, you can claim the amount of interest paid by December 31st on their student loans as long as they were received under the Canada Student Loans Act, the Canada Student Financial Assistance Act, or the Apprentice Loans Act. While only the student can claim this credit, the interest can be paid by anybody on their behalf.

Have questions? Give us a call! 905-571-2665