“Passion!” That's what it’s
all about. The physical
sensation between man and
woman, between man and
nature,” says Daniel Izzard.

West Vancouver
Memonal Library is holding
a mini-exhibition§ of his
works. Izzard’s action
painting comes from a
spontaneous response. The
shapes, form, color, light
and atmosphere are com-
bined in his impressionistic
style.

“Someumes it’s almost
hike an out of the body
experience. Hours will go by
and | don’t know where they
have gone. The floodgates
open and my painting is

Time
running
out for

1981 tax
savings

May the season be

GE community roundup

Izzard exhibit in WV

finished.”
‘Street of Dyes,
Marrakesh’ catches the

“antensity_of the gotd-orange
wool drying on racks over
the street. The dampness
cools the air along the street.

The young children at
work in ‘The Carpet
Weavers, Morocco’ receive
only six dollars between
them for their work, and yet
the carpets sell for four
thousand dollars each. This
painting 1s alive with sen-
sitivity.

Izzard can't bear to part
with some of his dramatic
low key works. These are
paintings that grow on you.

Individuals can save
hundreds, and even
thousands of dollars on their
1980 income tax by making
the correct decisions beween
now and the end 0of
December, says the
president of the Institute of
Chartered Accountants of
Bntish Columbia.

Ron Park, president of the
3,700-member body was
commenting on the In-
stitute’s semes of Tax Tips
which are provided to the
British Columbia news
media each year as a public
service by the province's
chartered accountants.

“You pay taxes when you

Best

blessed with

and happiness.
peace and hope.
We wish you the very

Their meaning sometimes
subtlety hidden from a first
glance.

~~ Fe ts ar one with narre,

painting the heavy storms on
the coast, the crashing surf
on the rocks, the light on the
wet sand.

“The sea ts like a mirror -
translucent, almost tran-
sparent, full of color.”

It's happenigg at the West
Vancouver Memorial
Library. Enjoy the con-
summate skill of the master
painter Daniel Izzard.

For further information on
the pictures and prints that
are for sale, call the library
926-3291.

shop, buy gasoline or travel
by air.” said Park. “And
there isn’t much you can do
about that. You also pay
taxes on the money you eam
in salary, wages, interest,
dividends, or business in-
come. By making the mght
decisions in time each year,
people can keep more of
their income’ fromthe
taxman.”

The Institute noted that
December 31 1s the last day
lo make contnbutions to a
Registered Home Ownership
Savings Plan. Park said
individuals could reduce
their taxable income from
$100 to $1,000 depending on
their contnbution. He called

love

nicest of Nolidays'!

o 0 0
c\\ er

Al7 - Sunday Ne ‘s, December 28, 1980

DANIEL IZZARD with his painting “On Top of Cypress No. 2” at West Vancouver

Memorial Library.

RHOSPs
going”.

“the

best deal

Chantable donations and
pohtical contnbutions must
be made by December 31 to
take advantage of the tax
credits involved. Gifts other
than money may be made to
a charity. Your accountant
can advise you on the rules
regarding gifts to the Crown
and gifts of Canadian
cultural property.

Investments in Canadian
rental real estate (MURBs),
Canadian films and
Canadian oil and gas must be
made by December 31! to

gain the tax advantage.
Depending upon whether

FULLER ELLIS REALTY LTD.

Qo

the individual has a good
year or a bad one, he or she
may be able to use a capital
gain or a capital loss. If you
need a capital gain, it could
be a good time to sell shares
which have made you some
money.

If you need a capital loss
to shelter other income,
consider selling a stock that's
been a steady loser since you
bought it. You may be able
to deduct up to half your loss
from your taxable income.

Stock transactions
through a stock exchange
are considered to have taken
place five business days after
the actual trading date. The

last “safe” trading date in
1980 was December 22.

Cash-basis taxpayers
should remember to arrange
payments and receipts to
their advantage prior to
year-end. Employees should
look into additional con-
tributions to the employer's
deferred profit-sharing plan.
The income that accrues
from your contributions is
not taxable until you
withdraw the money.

“Good personal financial
decisions before the year
ends are sure tO mean more
of your tax money in your
own bank account at the end
of April,” said Ron Park.

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“Fuller éllis Realty

103 Park Royal South, 925 1111