Ontario Community Newspapers

Port Perry Weekend Star, 3 Mar 2000, p. 18

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

4 & --- FRIDAY, MARCH 3, 2000 Helpful tips to save time, money The following tips and new tax changes will help make preparing your taxes not only less taxing, but will also save you money. The basic personal income tax credit has increased from $6,456 to $6,794. This should save the average taxpayer between $80 and $97. The federal individual surtax has been eliminat- ed for Canadians earning less than $50,000. If you earn more than $50,000, your federal individual surtax may be reduced by as much as 50 per cent when compared to 1998. Don't file your tax return as a compliant pro- cess. Rather, seize the opportunity to plan your Continue your education tax-free In today's competitive economy many of us dream of going back to school to enhance our career oppor- tunities. Unfortunately, education is expensive and exists with the federal government's new Lifelong Learning Plan. This plan allows you to withdraw money tax-free from your RRSPs to pay for full-time education. The Lifelong Learning Plan allows a withdrawal up to $10,000 per year for a maximum of four years. However, the maximum tax-free withdrawal is $20,000. Over the next 10-year period the money has to be repaid to your RRSP. News Canada may cost upwards of $20,000 a year. Now, a solution. DID YOU KNOW... ...you can create potential pension income for your spouse by contributing to spousal RRSP? Y Uxbridge (905) 852-9714 |IBDO Lindsay (705) 324-3579 gpo Dunwoody LLP Helping Clients Succeed Chartered Accountants and Consultants financial future. Start preparing your tax return early. Waiting to the last minute increases the chances of mistakes and missing the less obvi- ous deductions. If you're expecting a refund, file early. The gov- ernment does not start paying interest on your money until 45 days after April 30 or 45 days after you file your return. Finally, some good news about Y2K. Small business owners can deduct 100 per cent of any Our Guanautee its work. www.hrblock.ca Van Camp & Keller Chartered Accountants, LLP Income tax planning and return preparation. Personal tax returns electronically filed. Financial, estate and retirement planning. Personal Tax Returns are being processed now. OFFICE HOURS UNTIL MAY 1/00, Monday to Friday 8-6, Saturday 9-1 204 Casimir St., Port Perry Telephone: (905) 985-9725 Toll Free:1-800-215-3852 "It rays To advertise... | Seay Lan rag 3 ad were It Pays" H&R Block stands behind And our experience in preparing complete and accurate tax returns will give you peace of mind. 174 Perry St. Port Perry 985-9803 § 1:1: Ke ed ¢ computer hardware they bought between Jan. I, 1998 and Oct. 31, 1999 in order for them to become Y2K compliant. Whether it's for your personal or your small business' taxes, searching forthe new tax law changes is onerous. To save time and keep your energies focused on protecting your investments and growing your business, use tax preparation software, which already takes into account all of the new changes. 'not 0 0 end of your driveway! DRIVE CLEAN DRIVE CLEAN DRIVE CLEAN DRIVE CLEAN It'll be at the Blackstock United Church Come out and enjoy a Shrove Tuesday pancake dinner March 7 Everyone is invited to attend the fourth annual Shrove Tuesday pancake dinner at the Blackstock United Church on Tuesday, March 7. The evening will begin at 4:30 p.m. and dinner will be served until 7:30 p.m. The event will be put on by the Blackstock United Church Stewards. The menu will consist of pancakes, sausages, pork and beans, cake or apple crisp for desert, and coffee or tea. There will be a small charge of $6 per adult and $3 for those under 12 years of age. DRIVE CLEAN DRIVE CLEAN DRIVE CLEAN You've Seen the Govemment Ads! WE'RE READY FLORIST (o]V) ONTARIO'S DRIVE CLEAN NAR DIVAN Fe [CRNA v2 ID Je VAN Pe [CH NAVE RD B= VA Fe [CN A22 RID RE VA Te [€ N ad LEAN | wo VL © y Lshen 1 IA! > lolol RYE AR (Rol (Se RII B0 0.0; ay | 1997 1987 Tips for Passing Your Emissions Tes! * Check your tire pressure. + Change your oil and filter. + Keep the engine tuned up. * Check your emission control devices. * Service your engine promptly when waming lights appear. * Always refer to your owner's manual and use the oil and fuel recommended by the manufacturer. + Change your fuel and air filter. + Chedk crankcase breather elements. WE DO ALL MAKES AND MODELS Regular Service Department Hours Monday to Friday 8:00 am. to 5:00 p.m. a | EAL LAN Is A | DRIV Since 1976 REID, PONTIAC BUICK LIMITED 10 Vanedward Drive, Port Perry 985-8474 DRIVE CLEAN DRIVE CLEAN a ha SS a

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