All items tagged with: clawback
Posted in: Strategic Thinking , Financial Literacy, knowledge bureau, Evelyn Jacks, rrsp, tax courses, employment insurance, financial education, online education, employment benefits, EI Benefits, clawback, EI repayment, layoff, Ontario EI
Are you a high-income earner—perhaps an executive, or seasonal construction or oil rig worker—who may suffer a loss of employment? For the 2017 tax year, the base amount for EI repayment is $64,125. The amount is indexed year over year and if you get caught with income over this, you’ll likely be unpleasantly surprised when you file your 2017 return . Here’s why:
Posted in: Breaking News, Tax Planning , employment insurance, EI clawback
Of the 216 votes in our June 2014, 65% of KBR voters strongly voiced their opinion in our against employment insurance being subject to a clawback on the tax return.
Posted in: Strategic Thinking, Think Tank, Investment & Retirement, Tax Planning , OAS clawback
In the final three months of 2013, seniors will receive an inflation-adjusted increased OAS benefit of $550.99 per month, which makes the total annual OAS benefits a total of $6,578.06.