The Personal Financial Planner's Manual™
Summary of Contents of Update 56
January 2009
| Section-Chapter | |
| 2-3. | Lifestyle Expenditures |
This Chapter has been updated to include the latest statistics on household expenditures from Statistics Canada and on the Consumer Price Index. |
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| 3-2. | Personal Tax Rates and Credits |
Over recent years, the government has been expanded the tax credits to provide support for those who are disadvantaged by disability and health issues, and to encourage certain social behaviours, such as taking public transit. This Chapter has been updated for the 2009 personal tax rates and credits. |
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| 3-3. | Federal Budget 2009 |
This Chapter includes the proposals in the Federal Budget of January 28, 2009 including the introduction of the Home Renovation Tax Credit and First-Time Home Buyers’ Tax Credit. |
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| 3-5. | Proprietorships and Partnerships |
This Chapter has been updated to include current examples. |
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| 3-7. | Taxation of Employees |
This Chapter has been updated for the 2009 rates for automobile benefits and allowances, and CPP contributions. |
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| 3-8. | Alternative Minimum Tax |
This Chapter has been updated to include current examples. |
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| 3-9. | Income Tax Compliance |
This Chapter describes the filing of returns, payment of taxes and installments, tax-payer requested adjustments, fines and penalties, retroactive lump-sun payments, and misrepresentation of tax matters by third parties. This Chapter has been updated to include current examples. |
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| 3-10. | Taxation of Property Income |
This Chapter has been updated to include current examples. |
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| 3-13. | More Taxation of Capital Property |
This Chapter has been updated to include current examples. |
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| 3-14. | Income Attribution Rules |
This Chapter has been updated to include current examples. |
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| 7-2. | Government-Sponsored Retirement Income Programs |
This Chapter has been updated for the 2009 benefit and contribution rates. |
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| 7-5. | Deferred Profit Sharing Plans and Other Deferred Plans |
This Chapter has been updated to include current examples. |
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| 7-6. | Pension Adjustments, Locked-In Funds, & Transfers between Registered Plans |
A calculation on page 33 has been changed. |
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| 9-1. | Quick Reference |
The Chapter has been updated for the 2009 federal income tax factors, prescribed interest rates, Canada Pension Plan contribution rates, automobile deductions and benefits, and the latest statistics on the Consumer Price Index. |
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