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1978 TERRACE BAY NEWS . PAGE 9 ir of the woes | Read your Tax Guide, wns | Ie will tell you what's new. ow Flower This year the Federal Government Payments are income and have to be son got the has included many new tax benefits that declared as such. Check Item 7. ong and for- a he you because they could , Remember jit heck Se of Vi other «ck right at : items listed in the Tax Guide which may Your federal income Tax Guide entitle you to claim deductions, such as 2. The 100k explains them thoroughly. Child Care Expenses. Guide Item 33 tells se on their Let's take the Interest Income you all about that one. And you may be . Dizzy Diane Deduction as an example. This year for the entitled to deduct your Moving Expenses if 2 : first time, if you received and reported on you moved during 1974 to earn income in a mething was your income tax form interest income from Pew logaen - Si Check Item 34B she and Able "many legitimate Canadian sources, carefully for the details. d to put including bank deposits, bonds, mortgages And don't forget, if you have i and notes, you are allowed to claim as a contributed to a Registered Retirement jht and suc- deduction the total of the amounts up to Savings Plan, be sure to include your move the $1,000. receipt and deduct the allowable amount. tle, but by Your Tax Guide explains it in detail. Guide Item 29 explains it in detail. the boys Check Item 35. Use your Tax Guide and fill in your het Increased Personal Exemptions is tax form carefully, step by step. You'll find their sur- another item that has changed from last it's not as difficult as you think. the fourth year. All it means is that the Federal If you should have difficulties, scored by Ab- Government has increased your personal however, District Taxation Office addresses : exemptions to coincide with the rise in the and telephone numbers are listed on the > son David Consumer Price Index. The new personal back page of your Guide. and assisted exemptions are printed on your income tax Tax Guide '74. How long has it been yuston. form. Guide Item 41 tells you more about it. since you've read a really good book? ly six minu- x Well, those are just some of the areas . Shion where it pays to follow your Tax Guide and, We're makin it Brilliant of course, there are others. The Federal pi g Political Contribution Tax Credit i d d as under hical Conuibuon Tax Cedi newas easier to understand. malties were well. Guide Item 52H will tell you all 4 about that one. This year, Family Allowance § Revenue Canada Revenu Canada the boys and 0 Taxation Impot Hon. Ron Basford L'hon. Ron Basford J McKenzie Minister ministre ceeper who 3 1g his own it the other > ice got es penalty ng and be- - his crease. end of every y-match 7 comes into 1 Gorgeous 1 Boom-Boom ssisted by _ Mary-Claire y score four the mums .g was in the X, so the 4-4, some The rules 1anged that - even the can't remem- ued page I2