Invesco Canada Ltd. provides comprehensive tax and estate support material for advisors in the financial services industry.
As an example, our Tax & Estate InfoService Quick Reference Card offers advisors practical information in a convenient and compact back-to-back page format.
The material is updated and released each July once the federal budget and all provincial budgets have been announced. This assures that the content is current and useful through the following tax reporting and filing season.
On an ongoing basis, we solicit feedback from advisors to assure that our materials continue to be valuable tools. Based on that feedback, this year’s Quick Reference Card includes the following:
Marginal tax rates and brackets
• Sorted by provincial/territorial residence
• Sub-sorted by investment income type
Average tax rates
• Sorted by provincial/territorial residence
• Five income levels up to the top brackets
Interest rate equivalencies
• A means to compare interest, dividends and capital gains at top marginal tax rate
Handy tax facts
• CPP premiums and pensions
• OAS payouts and paybacks
• Room for RRSPs, TFSAs, RESPs and RDSPs
• Spousal RRSP attribution rules
RRIF withdrawal table
• From mandatory commencement at age 71 up to full plan depletion
Probate tax table
• Sorted by provincial/territorial residence
• Formulas calculated by estate assets Canada Revenue Agency forms
- Common forms relevant to personal investments and financial planning
These are the 2012 combined federal-provincial/territorial tax rates at the top bracket of $132,407
