Sentences with phrase «cent of filers»
Not exact matches
«While it's positive that so many eligible Canadians plan to contribute towards their retirement this year, we know from previous years that only 26 per cent of eligible tax filers actually make a contribution to their RRSP,» said Jamie Golombek, a managing director of tax and estate planning at CIBC.
http://www.canadianbusiness.com/
The income gap between the top one per cent and the rest of filers has widened over time, calculated in 2010 constant dollars.
The government numbers show that it's only the top one per cent of income tax filers whose corporations will be affected by the changes but this change will still reap a windfall for federal coffers.
But if a filer owing taxes forgoes the April 30 target date, they can expect to pay a five per cent late penalty on the balance, plus one per cent in interest compounded daily for every month they do not file, for a maximum of 12 months.
The government numbers show that it's only the top one per cent of income tax filers whose corporations will be affected by the changes but this change will still reap a windfall for federal coffers.