Business Big savings in small print ‘HERE ARE a nurnber of little ideas that can add up to big savings on your income tax return. They’ re often overlooked, because detailed descrip- tions of them are usually tucked away in one of two paragraphs of an interpretation bulletin. *On line 39 of the income tax return, there is a deduc- tion simply labeled ‘‘other.”’ Be sure to include here the cost of your safety deposit box. Technically, the money paid for the box is supposed to represent a_ carrying charge incurred to earn in- terest. But since most people keep bonds, stocks or valuables in their safety de- posit boxes (all of which can earn income) Revenue Canada assumes the box is used for this purpose. No receipt is necessary: *Although people who run up a bill for prescriptions of more than $175 in one year are entitled to reimburse- ment from the provincial government Pharmacare program, only 80 per cent of the amount over and above $175-is reimbursed. Be sure to include as a claimable medical expense: the total amount of prescription ex- penses, minus the amount you are reimbursed. (This is the reason why your Phar- macare form is returned to you.) . “Mf you are in the armed forces, be sure to deduct your mess dues.on the line reserved for ‘‘annual, union, " professional or like dues.” You will need'a receipt. . *If you got married during - the last tax year and each of you owned a “principal res- idence’” you .have a breathing period of up| to four years to sell either home before it loses its status as a _ principal’ residence: (As (a ‘married couple; you’ may have only one principal resi- dence.) Any money made’on the sale of property that is -‘not deemed a principal resi-., dence is taxable. Similarly. , you can rent either one of these homes for ‘up. to. four years after - '. becoming married .without _.the home losing its principal residence status; You must, by our branch managers. , How successful! you are need. U.S. and in Europe. Cail West Vancouver Bob Norquay 925-1441 ROYAL LePAGE= LePAGE = PREPARE YOURSELF FOR A CAREER IN REAL ESTATE *PRELICENSING COURSES *POSTLICENSING COURSES *ONGOING TRAINING Classes are conducted by full-time Professiona! educators at our Training Centre, field training estate sales person depends greatly on the company that is behind you. Ensure your success by working for a company that offers ‘essential backup services, is Nationwide and will give you the personalized training that you Royal LePage is Canada’ company with offices across Canada, the By LISA SMEDMAN in either case however, apply for the home to retain this status by including with your income tax return a letter which describes thr property which you wish to retain as a principal residence, State in the letter that you are mak- ing an application for it to retain its status under subsection 45(2) of the In- come Tax Act. *If you are self-employed, remember to claim any mov- , GUSINESS MANAGEMENT SEMINAR’: This seminar covers the initial recording of a transaction in the Journal to final entry in the Ledger and the preparation of a Trial Balance. Excellent for the begin- ner and as a brush up. Calculators req'd. Join us: Thurs. Mar 21 9-4:30 p.m. fee Registration for this Seminar 560 includes lunch, all reference material and our after-seminar ser- J Evice. Discounts ‘available. Register now with: FBDB 980-6571 La Banque oftre ses services dans les deux langues afficielles. BACKING INDEPENDENT BUSINESS © Fedetet Bumners Banque federsie Opvtiogment Bank de deveioppement Cant SSS mt or can be as a real s leading real estate for more information. North Vancouver Chuck Traunweiser 985-9544 Harold Dueck 985-8231 ing expenses that enabled you to move at least 40 kilometres (25 miles) closer to a new business location from money earned in that location. If you work out of your own home, this means you can claim any move that took you to a new location 40 km away. And a new provision this year allows anyone who moved over 40 km in 1984 to set up a business to deduct moving expenses from in- come earned at the new location. You no longer need to have been working prior to the move, “Keep an eye out on the 1984 income tax return for line 468 ‘‘Refund transfer- rable to spouse.”? This is something which has just been brought in this year. It allows you to transfer part or all of a refund to your spouse, to pay off all or part of your spouse's balance due. By using line 468, you can pay off a debt to Reve- nue Canada without ever having to write a cheque. This means you won't have to wait for your refund che- que to arrive. AVAILABLE FOR LEASE LIGHT INDUSTRIAL STORAGE SITE - 46,190 sq.ft. filled and fenced -1 to 3 year term - suitable for open storage - exposure onto busy street - call the [and Department at the District of North Vancouver 987-7131 FAFFORDABLE NORTH VANCOUVER RESIDENTIAL LOTS 1N ; LYNN VALLEY, INDIAN RIVER DOLLARTON AND DEEP COVE FROM $43,000.00 to $67,000.00 35 LOTS SOLD SINCE DECEMBER 44 STILL FOR SALE TERMS AVAILABLE Call the Land Dept. District Municipal Hail 355 West Queens Rd., North Vancouver Tel. No: 987-7131 Vancouver, pursuant 1985, at 7:30 P.M., BY-LAW NO. 5633 Plan 14801 torney, or by petition. day through Friday. THE CORPORATION OF THE | CITY OF NORTH VANCOUVER LAND USE CONTRACT AMENDMENT NOTICE OF PUBLIC HEARING NOTICE IS HEREBY GIVEN by the City of North to Section 720 of Municipal Act of British Columbia, that a Public Hearing will be held on THURSDAY, MARCH 21, in the Council Chamber af the City Hall, 141 West 14th Street, North Vancouver, B.C., to receive representations in connection with the following proposed amendment to ''Land Use Contract By-law No. 5, 1972”: A by-law to amend the Land Use Contract regulating the development of the Capilano Mall Shopping Centre at 935 Marine Drive. the legal description of which is as follows: Lot 1, Block X, D.L. 265, Plan 15657 Lot A, Block X, D.L. 265, Plan 15018 Lot 2, Ex. R.P. 11717, Block X, D.L. 265, The proposed amendment to the Land Use Con- tract provides for the renovation of and additions to the Capilano Mail Shopping Centre, including new retail shopping areas, office areas, additional park- ing spaces, and other amenities. ALL PERSONS whose property is affected have the cpportunity to be heard — in person, by at- COPIES of the proposed by-law and pertinent staff reports may be inspected at the office of the City Clerk between 8:30 a.m. and 4:30 p.m., Mon- the March 22 and 23 VanCity’s North Vancouver Commuinity Branch 1290 Marine Drive (Pemberton Plaza) B CAULFEILD: B LIONS BAY: B Rinceview: WEST BAY: March 72, 1985 E.A. Raymond, City Clerk B WESTCOT: 27 - Sunday, March 17, 1985 - North Shore News 7 KINDERGARTEN WEEK WEST VANCOUVER _. SCHOOL DISTRICT #45 PARK ROYAL SHOPPING CENTRE . MONDAY, MARCH 18th to SATURDAY, | MARCH 23rd, 1985 - *DISPLAYS, DEMONSTRATION LESSONS, COMPUTER ACTIVITIES, INFORMATION BOOTH* OPEN HOUSE IN THE SCHOOLS (PLEASE NOTE THAT THESE TIMES ARE FOR ADULTS | ONLY, PRESCHOOLERS WILL BE INVITED IN JUNE} f CHARTWELL: B GLENEAGLES: HOLLYSURN (FRENCH IMMERSION): i IRWIN PARK: NORTH MALL Monday, March 18th to Friday, March 22nd. 9:30 a.m. to 10:00 a.m. and 10:30 a.m. to 11:00 a.m, Please phone the schoo! tor an appointment - 926-3241. Monday, March 18th to Friday, March 22nd. 9 a.m. to 10:30 a.m. Please phone the school for an appointment - 922-3928. THURSDAY, MARCH 21st, 7:30 p.m. - no appointment necessary. Monday, March 18th io Wednesday, March 20th. 9:00 a.m. to 11:00 a.m. and 12:30 p.m. te 2:30 p.m. TUESDAY, MARTH 26th, 7:00 p.m. Monday, March 18th 9:15 a.m. to 14:15 a.m. Tuesday, March 19th and Wednesday, March 20th 9:15 a.m. to 41:15 a.ra. and 1:00 p.m. to 2:45 p.m. WEONESDAY, MARCH 20th, 7:30 p.m. Monday, March 18th to Friday, March 22nd. 9:30 a.m. to 10:30 a.m. and 1:00 p.m. to 2:00 p.m. Please phone school for an apacintment - | 921-8311 Monday, March 18th to Friday, March 2énd. 9:00 a.m. to 11:00 a.m. Please phone school for an appointment - 922-0125. Monday, March 18th to Friday, Match 22nd. 9:15 a.m. to 10:15 a.m, Please phone school! for an appointment - 922-0185.