38 - Sunday, December 1, 1985 - North Shore News

Business

With tax time just around
_the corner, business writer
Lisa Smedman turns her at-
tention to information that
will help readers plan their
tax returns better, taking
advantage of any tax savings
available to them. Smedman
won a top MacMillan
Bloedel journalism award

for fast year's series of tax.

columns in the North Shore
News.

THE MAY 23 federal
budget proposed a number
of major changes to the in-
come tax act, but so far, few
of these have become law.

A minimum “wealth tax”
proposal made it as far as
the discussion stage. -

New contribution limits
for Registered Retirement
Savings Plans are. still
awaited eagerly by those
who would have liked to
contribute more to their
RRSP this year.

A proposed $506,000
‘lifetime exemption’? for
capital gains income is still
just a gleam in investors’
eyes.

The one thing which did
come into effect for the 1985
tax year was the elimination
of the Registered Home

‘Ownership Savings Plan

See Change
Page 40

. a
jately fof details a0

a immedi!
Call PAMELA TEs orvations:

4%

BRITISH

_ AIRWAYS

oe

WITH
SF sO ye"LL REFUND

> DISCOUNT DESIGNER
WALL PAPERS $ FABRICS

+ Sparling doshes auth
y

Satan PAB A. ped tl rs Grasscloths
° Aienaa food waste i . . . 4 ee . ; : - Mylars
ausposet Foils
Vinyls

a Energy Save! teatute:
See the new KD21 Series.
Plus a large
selection of

Truly the best we have
Fabrics in

ever offered!
stock NOW!

Free in
home — «||:
“decorating *-
service |

“3954 E. Hastings
BURNABY

291-6922

(JUST EAST OF BOUNDARY)

ADVERTISED

RU
FOE DIFFERENCE

HOME FURNISHINGS
Warehouse/Showroom

OPEN TO THE FUBLIC
{2 biks. behind the Avaton)}
at 1075 Roosevelt Cres., N.Van.

12:4 gun 90-8738

Mon. - Wed. 10 - 6 p.m.
Thurs. - Fri, 10 - 8 p.m.
Saturday 10 - 5 p.m.

. Sunday 12 - 5 p.m.

New London Productions’
“CHRISTMAS ICE FANTASY”

Family shows at 1pm & 3pm Sunday.
also: visit with SANTA 1pm - 5pm
Santa Photos FREE with $20

Lynn ‘Valley Centre proof of purchase.

West Vancouver shoppers: take the Lynn Valley Rd. turnoff
from the Upper Levels Highway to ihe Brightest New Look on the N. Shore.
60 stores decked out for Christmas! .
Open: 9:30-9 Mon.-Fri. + 9:30-6 Sat. * 12-5 Sunday