Are you a heart Patient and looking to cover your pre-existing condition under Super Visa Insurance Policy?
[vc_row css=”.vc_custom_1544548388143{background-color: #f7f7f7 !important;}” el_class=”centerme”][vc_column][vc_column_text] Are you a heart Patient and looking to cover your pre-existing condition under Super Visa Insurance Policy? Congested Heart disease is a condition in which your heart does not pump blood the way it should and your arteries get narrowed and blood flow is obstructed. A heart attack (also referred […]
Does Super Visa Insurance policy cover Cancer?
[vc_row css=”.vc_custom_1544548475070{background-color: #f2f2f2 !important;}” el_class=”centerme”][vc_column][vc_column_text] Does Super Visa Insurance policy cover Cancer? Cancer is the abnormal or malignant growth of cells which spread throughout the body destroying healthy tissue. The diagnosis of cancer is usually confirmed by a biopsy and the extent of the disease is established by other tests. Depending on its severity, cancer […]
Pre-Existing Conditions- Super Visa Insurance coverage for Alzheimer, Parkinson and Schizophrenia and Stroke?
[vc_row css=”.vc_custom_1544548697248{background-color: #f2f2f2 !important;}” el_class=”centerme”][vc_column][vc_column_text]Pre-Existing Conditions- Super Visa Insurance coverage for Alzheimer, Parkinson and Schizophrenia and Stroke? When buying Super Visa insurance policy from a Canadian insurance company, one must take proper care in disclosing the medical issues, current health problems like diabetes, blood pressure, medical issues related to major organs, past surgeries etc. so […]
Passive Investment Rules and Small Business Deduction
Budget 2018 Reduction of small business deduction (SBD) for CCPC’s that have significant passive investment income Theory appears to be a CCPC that has accumulated a material amount of passive investments ($1 million) is taking undue advantage of the tax deferral afforded by the small business deduction Will apply to tax years beginning after 2018 […]
Traveling tips for Families with kids or Young Children
Being on the move with your tiny tots can be overwhelming, daunting even. But it need not be a herculean task. In fact, it can be one of the best adventures for your family.Whether it is your first flight with a toddler or a road trip with an infant, you ought to have all bases […]
Registered Education Savings Plan
REGISTERED EDUCATION SAVINGS PLAN (RESP) This plan allows subscribes to make non-deductible contributions to finance the post-secondary education of their children, grand-children, or any other qualifying beneficiary. Beneficiaries under the plan, if enrolled in a qualifying educational program, may receive payments of up to $5,000 for the first 13 week period of study and any […]
Don’t know What is Life Long Learning Plan- Read This………………………
LIFELONG LEARNING PLAN (LLP) The LLP is a program that allows eligible individuals to make tax-free withdrawals from an RRSP to finance full-time education for themselves or their spouses. ELIGIBILITY RRSP annuitants are able to make tax-free withdrawals from their RRSP (other than a locked-in RRSP) to finance full-time training or education for themselves or […]
What is Home Buyer’s Plan?
HOME BUYERS’ PLAN (HBP) This plan allows a tax-payer and his/her spouse or common-law partner to each withdraw up to $25,000 from their RRSP to purchase their first home without having to pay tax on the withdrawal if they meet the following conditions: • They are first time home buyers (i.e., they have not owned […]
What is Pension Adjustment?
PENSION ADJUDTMENTS (PA, PAR, PSPA) The Pension Adjustment (PA), the pension adjustment reversal (PAR), and the past service pension adjustment (PSPA) have an impact on the RRSP deduction limit. Pension Adjustment The PA reduces the RRSP deduction limit for the following year, but has no effect on the taxpayer’s income. It measures the value of […]
Employers offered Pension Plans
REGISTERED PENSION PLAN (RPP) Registered pension plans allow individuals to accumulate retirement funds by means of at-source deductions against their salary. The employer and employee may contribute to an RPP with respect to services rendered by the employee in the year of during a previous taxation year. For more information on RPPs, see CRA Guide […]