Comments on: This and That http://www.canadiancapitalist.com/this-and-that-86/ Helping you invest and prosper Sat, 11 Feb 2012 12:40:17 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Nurseb911 http://www.canadiancapitalist.com/this-and-that-86/#comment-128728 Nurseb911 Fri, 18 Apr 2008 21:32:32 +0000 http://www.canadiancapitalist.com/?p=926#comment-128728 Thanks for the mention also CC!!!! (Added you to the Blogroll) Thanks for the mention also CC!!!! (Added you to the Blogroll)

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/this-and-that-86/#comment-128703 Canadian Capitalist Fri, 18 Apr 2008 17:08:55 +0000 http://www.canadiancapitalist.com/?p=926#comment-128703 Hamcake: Let's say you received Microsoft Office software at deep discount through your employer. The software retails for $600 but you were allowed to purchase it for $50. I believe the $550 benefit is non-taxable. i.e. it is not treated as employment income and you don't have to declare it on your taxes. The non-taxable benefits I've personally received were already offered by the employer. I don't know how to actually set it up, so other readers might have more comments. Hamcake: Let’s say you received Microsoft Office software at deep discount through your employer. The software retails for $600 but you were allowed to purchase it for $50. I believe the $550 benefit is non-taxable. i.e. it is not treated as employment income and you don’t have to declare it on your taxes.

The non-taxable benefits I’ve personally received were already offered by the employer. I don’t know how to actually set it up, so other readers might have more comments.

]]> By: Tony Danza http://www.canadiancapitalist.com/this-and-that-86/#comment-128699 Tony Danza Fri, 18 Apr 2008 16:49:00 +0000 http://www.canadiancapitalist.com/?p=926#comment-128699 After reading the articles featuring Prem Watsa and Warren Buffett I'd say Mr. Watsa seems to have little in common with Buffett. Buffett's whole mantra is admitting you're not smart enough to time the market yet that is exactly what Watsa is attempting based on macro data. Thanks for the articles and links CC. After reading the articles featuring Prem Watsa and Warren Buffett I’d say Mr. Watsa seems to have little in common with Buffett. Buffett’s whole mantra is admitting you’re not smart enough to time the market yet that is exactly what Watsa is attempting based on macro data.

Thanks for the articles and links CC.

]]> By: Hamcake http://www.canadiancapitalist.com/this-and-that-86/#comment-128655 Hamcake Fri, 18 Apr 2008 15:06:13 +0000 http://www.canadiancapitalist.com/?p=926#comment-128655 About article 6: I often hear about non-taxable benefits, but have never found a definitive source on the subject. How are these handled at tax-time? If an employer doesn't provide a group benefits plan, could they instead pay for your glasses/prescription/dental themselves? How would you set that up with them so that it's not treated as additional income (and taxed)? About article 6: I often hear about non-taxable benefits, but have never found a definitive source on the subject.
How are these handled at tax-time?
If an employer doesn’t provide a group benefits plan, could they instead pay for your glasses/prescription/dental themselves? How would you set that up with them so that it’s not treated as additional income (and taxed)?

]]> By: Canadian Capitalist http://www.canadiancapitalist.com/this-and-that-86/#comment-128644 Canadian Capitalist Fri, 18 Apr 2008 14:51:11 +0000 http://www.canadiancapitalist.com/?p=926#comment-128644 oxCC: I think spousal RRSPs still make sense for folks aiming for an early retirement but the introduction of pension income splitting did take a lot away from the benefits of spousal RRSPs. oxCC: I think spousal RRSPs still make sense for folks aiming for an early retirement but the introduction of pension income splitting did take a lot away from the benefits of spousal RRSPs.

]]> By: 0xCC http://www.canadiancapitalist.com/this-and-that-86/#comment-128626 0xCC Fri, 18 Apr 2008 13:20:05 +0000 http://www.canadiancapitalist.com/?p=926#comment-128626 The Tim Cestnick article is interesting. One of the points he brings up is income splitting to reduce taxes. He uses the example of paying family members for working in a business but he also touches on spousal RRSPs. I'm wondering, now that we have pensions income splitting (which I think includes RRIFs) do spousal RRSPs make any sense anymore? I suppose if you were using the spousal RRSP to withdraw from before retirement and you did the necessary steps to avoid the attribution rules then they could make sense... The Tim Cestnick article is interesting. One of the points he brings up is income splitting to reduce taxes. He uses the example of paying family members for working in a business but he also touches on spousal RRSPs. I’m wondering, now that we have pensions income splitting (which I think includes RRIFs) do spousal RRSPs make any sense anymore? I suppose if you were using the spousal RRSP to withdraw from before retirement and you did the necessary steps to avoid the attribution rules then they could make sense…

]]> By: Big Cajun Man http://www.canadiancapitalist.com/this-and-that-86/#comment-128618 Big Cajun Man Fri, 18 Apr 2008 12:33:42 +0000 http://www.canadiancapitalist.com/?p=926#comment-128618 Thanks for the link, I still have my snow tires on though... next week they come off. Thanks for the link, I still have my snow tires on though… next week they come off.

]]> By: squawkfox http://www.canadiancapitalist.com/this-and-that-86/#comment-128613 squawkfox Fri, 18 Apr 2008 11:46:00 +0000 http://www.canadiancapitalist.com/?p=926#comment-128613 Thank you so much for mentioning my career series! Many people have downloaded the series templates and worksheets throughout the week. Have an awesome weekend! Thank you so much for mentioning my career series! Many people have downloaded the series templates and worksheets throughout the week. Have an awesome weekend!

]]> By: Four Pillars http://www.canadiancapitalist.com/this-and-that-86/#comment-128612 Four Pillars Fri, 18 Apr 2008 11:40:23 +0000 http://www.canadiancapitalist.com/?p=926#comment-128612 Thanks for the mention! Mike Thanks for the mention!

Mike

]]> By: Million Dollar Journey http://www.canadiancapitalist.com/this-and-that-86/#comment-128609 Million Dollar Journey Fri, 18 Apr 2008 11:22:00 +0000 http://www.canadiancapitalist.com/?p=926#comment-128609 As always, honored to be mentioned. Enjoy the weekend! As always, honored to be mentioned. Enjoy the weekend!

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