In hindsight we could've both refused to attest to vaccination and we would've got a nice chunk of change as we would've been out beginning of the year. So I guess we did had an option, albeit not known at that time :(
Oh I absolutely realise that. I'm not insane to leave my pension to get 1500 + whatever index it is in 25 years from now.
I'm just crushed that I saved about 40k in RRSP space thinking I'd cash out about 150k and now it's down to 25k. Problem is as time goes by, it can reach 0 at which point...
How does pension buy back works? I take the TV now, and lets say I go crazy again and re-join in 5 years. I heard you have to option to pay like a few hundred bucks out of your pay for the next ?decades? to get back all your pension just like you wouldn't have taken the TV?
Any difference...
Never said it's a ripoff. I initially thought it's based on investments and I thought maybe they invested heavily into tech since that's the one that dropped the most.
wow ok. So expect to receive even less than half, maybe 1/3 if the rates will be going up another 2% as expected. What a kick in the teeth.
And there's no way to retrieve the TV after more than 1 year? If I don't get it then, I'm forced to go for pension which I have to wait until I'm 60?
I assume everyone else's TV has been decimated since Jan/Feb? I regularly checked it and it peaked at over 300k. Since then it has been dropping and I checked today, and it's down to pretty much half.
I have no idea what these guys invest the TV in, but no market has dropped close to 50%. SP500...
Don't they need the equipment to connect to starlink? Did they already had it? I doubt it since starlink wasn't available there. Are they going to parachute the equipment?
Isn't the vodka already paid for though? Makes sense to stop all imports, but the vodka which is already in NA makes no...
I'm watching a bunch of cameras from Ukraine. I don't see anything unusual. This includes Odessa and Kiev.
https://www.webcamtaxi.com/en/ukraine/odessa/chernyakhovskoho-street.html
The fact we are one of the only countries in the world (with US) that we must do taxes and pay for it (or waste a lot of time doing it ourselves) when CRA has software that can do everything from all the slips they receive is retarded.
Is this done through the OR? And I'm confused by "won't be reassessed" but "treated differently". So what exactly changes? Will the taxable income be less for 2021 and account for 2018-2020 back pay? Isn't this a "reassessment" though?
And if I pursue this, I cannot file my taxes using a tax...
less than 50% actually.
Half of TV is tax free and locked. The other half that would be taxable can be reduced with all the RRSP room + taken next tax year when you have 0 income (unless you itch to start working again, but personally I would definitely take 1-2 years off and travel the world)...
Reviving this thread.
Anyone has submitted to CRA a tax revision for the previous tax years so that you can pay tax on the backpay according to each tax year?
Pretty unfair to have to pay 2021 tax on the whole lump sum that was suppose to be received from 2017 through March 2021. Almost all of...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.