Click here to view the Tax Due Date Calendar 2016.
At Scotia Wealth Management, we offer customized, year-round tax preparation services for individuals, estates and trusts. We can work with you and your tax professionals to explore planning opportunities that may reduce
or defer your tax liability.To help you get started, here is a list of key tax dates for 2016. These dates
are for general information and should be discussed in detail with your professional tax advisor before any strategies are implemented.
Please contact us with any questions or for more information.
Click Here for the annual Guide to Preferred Shares report which details the various types of preferred shares in the Canadian marketplace and highlights the risks and advantages of holding each type of security.
Your RRSP is one of the most important savings vehicles for your retirement. Not only are your contributions tax deductibles, but all of the income earned on those contributions compounds on a tax-deferred basis.
Your RRSP Contribution Room
Your RRSP contribution room is based on your prior year’s earned income. It is the lesser of 18% of earned income or the maximum deduction limit.
- The RRSP deadline for tax year 2015 is February 29, 2016
- The maximum RRSP contribution limit for the year 2015 is $24,930