Sentences with phrase «introduced pension income splitting»

Not exact matches

Pension income splitting was introduced in 2007 to allow you to move up to 50 % of your eligible pension income to your spouse or common law partner's tax return if you received pension income eligible for the pension income Pension income splitting was introduced in 2007 to allow you to move up to 50 % of your eligible pension income to your spouse or common law partner's tax return if you received pension income eligible for the pension income pension income to your spouse or common law partner's tax return if you received pension income eligible for the pension income pension income eligible for the pension income pension income amount.

Liberals: Restore the eligibility age for OAS and GIS back to 65; introduce a new seniors price index to ensure benefits keep up with rising living costs; introduce a 10 % boost to the GIS for single, low - income seniors; leave pension income splitting for seniors intact.

Introduced in the 2007 budget, pension income splitting already operates in a similar fashion to how family income splitting would work.

A: Pension income splitting turns 10 this year, Sally, having been introduced for the 2007 tax year.

It was the same year they levelled the income trust industry by introducing punitive tax rules, so pension income splitting was a bit of a condolence for seniors, many of whom were heavy into income trusts.