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Carol Ireland

Sales Representative

Millennium Inc., Brokerage*

1531 Mosley Street

Wasaga Beach, ONL9Z 2B7

Main:

705-429-2121

Fax:

705-429-0406

carol.ireland@century21.ca

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New Year brings tax breaks and tax changes

Tax Brackets, Credits Higher The taxable income thresholds in all four federal tax brackets were increased by 2.5 per cent in 2009 to mirror changes in the consumer-price index (CPI). All indexed non-refundable tax credits also increased by 2.5 per cent in 2009 in order to reflect the CPI adjustment. Increases in the thresholds for the lower and middle-income tax brackets will positively affect the ...

Posted by Carol Ireland on December 29, 2009

Tags: First Time buyers Home Buying Home Ownership

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