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In this video, we'll be sharing 5 tax savings tips that can help Canadians save money on their taxes. From contributing to a registered retirement savings plan (RRSP) to claiming tax credits and deductions, there are many ways to reduce your tax bill and keep more of your hard-earned money. Whether you're a small business owner, a salaried employee, or self-employed, these tips can help you save on your taxes. Tune in to learn more about how to maximize your tax savings as a Canadian.
Timestamps:
0:00 Introduction
1:04 1. Invest Into An RRSP
4:32 2. Deduct Employment Expenses Against Personal Income
5:22 3. Borrow Money To Invest and Write Off Interest
7:39 4. Buy a Home Tax-Free
9:14 5. Claim Eligible Medical Expenses
11:00 Conclusion
👩❤️💋👨IMPORTANT Insurance Videos for Canadians👩❤️💋👨
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🗂️IMPORTANT Tax Videos for Canadians🗂️
How Taxes Work in Canada → [ Ссылка ]
RRSP Explained (Complete Guide for Beginners 2022) → [ Ссылка ]
TFSA Explained (Complete Guide for Beginners 2022) → [ Ссылка ]
RRSP vs TFSA (Complete Guide for Beginners 2022) → [ Ссылка ]
🟦About Affinity Life🟦
Affinity Life is an online life insurance platform dedicated to busy Canadians. We believe you shouldn’t have to run through a sales gauntlet to obtain life insurance to protect your family. We’re setting out to finally revolutionize and innovate in an industry that hasn’t significantly changed in the last 100 years. We hope you can join us on our journey. Founded in 2020 and headquartered in Calgary, AB, Affinity Life is 100% founder-owned.
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How To Save Taxes in Canada (5 Tax Tips For Canadians)
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