It’s tax time, so what better time of year to review a couple of taxes that can come into play when you’re investing. Specifically, we’ll be looking at the Capital Gains Tax, and the Dividend Tax Credit.
NSSC Blog: Before You Invest
Last week we provided a quick rundown of RRSPs. As we said in that post, it’s RRSP season and investors can expect to see ads online, in print, and broadcast on radio and TV reminding them to contribute to their RRSP before the deadline.
The turning over of the calendar means it will soon be time to start doing your income taxes. That also means the deadline, March 1, 2022, to contribute to your RRSPs is coming up for the 2021 tax year. You may start to see ads online and on TV reminding you that the time to invest in your RRSPs for the 2021 tax year is running out.
Part of the Nova Scotia Securities Commission mandate is to protect Nova Scotia investors. One of the ways we do that is by issuing investor alerts.
In 2017 the Before You Invest Blog was relaunched. A Question of the Week format was implemented that ensured at least one new blog post per week. Since then, there have been 301 new blog posts, of which 244 were Question of the Week posts, consisting of more than 90,000 words. After five years of questions and answers we’ve decided to make a few changes.
There will be no Before You Invest blog post this week as we take a short break for the holidays.
Happy Holidays and Happy New Year everyone!
On December 31st the remainingClient Focused Reforms (CFRs) will come into effect. Here’s a brief rundown and what this means for clients and registrants.