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(250) 385-6718 ·· main@chancompany.ca
Tax Rates and Information
What's New
Canada Pension Plan Changes effective January 2012
· Are you between 60 and 70 years old, working and receiving CPP?
· NO - Retired and not working then these changes will not affect you.
· YES - Then consider the following criteria:
If you are between 60 and 65, you will be required to pay into the CPP program.
If you are between 65 and 70, you will be required to pay into the CPP program unless you elect to stop contributing to CPP. (Form CPT30)
For more information please go to Canada Revenue Agency website.
Professional Accounting and Tax Advice
Please contact us to review your overall situation in order to minimize the tax burden on your personal and business financial situation.
A clear understanding of changes in the tax laws and its impact on you can be minimized with proper planning.
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