Sentences with phrase «tax shelter space»

Therefore, I should prefer to used my limited tax shelter space to shelter my equities.

For many younger people who start saving early, getting 18 % of your pay in RRSP room and a chunk of TFSA room (~ 10 % of the YMPE) means that you'll have more tax shelter space than you will fill.

Not exact matches

In effect, I was able to use my Roth space to shelter my (tax - inefficient) investments that I planned to use in the near - term, simply by shifting allocation between accounts as necessary.

Even if you were above the basic amount and paid a bit of tax at the lowest marginal rate, if you have unused TFSA space then you'd be able to pay tax on the RRSP amount while it's about as low as it will go, and still be able to shelter the gains to continue to compound tax - free in the TFSA.

NOTE: it is a reality that many tax - supported shelters have too many animals and not enough adopters or space.

Real estate internationally has the key advantage of being used as a dwelling space, having the ability to borrow against the security of the asset, rental income, depreciation, costs that can be tax deductible, profits sheltered and indexed against monetary inflation.