IN THIS ISSUE (#72), October 2017

• RRSP HOME BUYERS’ PLAN

Most withdrawals from your registered retirement savings account (“RRSP”) are included in you income. However, there are some exceptions. One of the main exceptions relates to the RRSP Home Buyers’ Plan

• NEW FAMILY CAREGIVER CREDIT:

Until recently, there were two different tax credits that applied in similar situations. Both credits were repealed by the 2017 Federal Budget, and replaced with a single new “Canada Caregiver Credit”, applicable to 2017 and subsequent years

Parking pass for employee was a taxable benefit

We invite you to forward this newsletter along to friends or colleagues who you think may find the information useful and interesting.
Come join us by clicking the links of our Facebook, LinkedIn and Twitter to deliver you all the latest news!

Sincerely,

Porter Hétu International (Qc) Inc. offers you a full range of professional services in accounting and assurance, management advisory, business plans and proposals, estate planning, tax planning, forensic accounting, mergers and acquisitions, business reorganization, IT support, legal and consulting services.

Call us today at 514-744-1500 or our South-Shore office at 450-676-1832 to schedule a consultation or to receive a complimentary copy of our Personal Tax Planning Guide 2016-2017.