- Thinking of purchasing your first home? You may want to withdraw from your RRSP fund through the Home Buyers Plan for your down payment. This withdrawI is not subject to taxes at the time. However, the amount must be repaid over a period of time
- Thinking of starting your own business? See Insert D for information that must be recorded and make note of Insert 16 if this is to be a home-based business. Helpful Hint: Any costs associated with start up, research or travel are tax deductible if incurred to start the new business
- Have you or are you contemplating the purchase of a new vehicle? If so, be sure to record any transaction on Insert 13. Also, keep any transaction receipts in Sleeve 13. Helpful Hint: Record the odometer reading
Be sure to update Insert A often |
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