Halton Hills Newspapers

Georgetown Herald (Georgetown, ON), March 6, 1974, p. 11

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What Can I Do About Taxes ANTIQUE AUCTION SALE SAT MAR f at noon at Community Hall All antiques and genuinely pre 1900 a Ingiewood and a century no no On view from Hem AUCTIONEER ROY ASHWORTH FSVA I have heard hat I can deduct Ihc fees my tax consultant charges lor making out my income tux return Is his correct There is no provision In the Income Tax Act which permits deduction of these charges However you normally require counting advice in con with your business the tax consultant charges may be deductible as a business expense am a commission salesman operating out or my house I have a room WANTED FOR THE ROTARY CLUB AUCTION JUNE 1974 at GEORGETOWN ARENA USED AND DISCARDED USEFUL ITEMS HOUSEHOLD FURNITURE DISHES POTS PANS GARDEN TOOLS OR ANYTHING YOU NO LONGER NEED PLEASE NO UNSALABLE ITEMS ALP SPENCE Auctioneer FOR PICK UP OF DONATIONS CALL 877 2522877 9312877 9621 HELP ROTARY HELP YOUR COMMUNITY set up as an Can 1 claim any expenses for this office when figuring my income tax If the room is use lelv for the purpose earning your income you may be entitled to deduct a portion of the cost of maintaining your house as a business expense Unfortunately more information required before you could be advised on how to calculate the amount of your deduction our District Taxation Office would be glad to help you My wife and I are the same age and this jear we qualify for the age ex On lax form do I claim ex for my wife as well as WO for myself No The fact that jour wife is entitled to claim the St KM age exemption if she files her ovn tax return does not effect the amount can claim as married exemption qualifies for the age exemption Income Purposes and what proof as to be sent with the tax form when chiming exemption The J Mi may be taxpayer if he vis over during the year It is not necessary to supply proof of eligibility unless asked to do so by the Tax Department I the ffice in my city fill out my lax return The self TO BECOME AN INSTANT MILLIONAIRE Rules Eacl the MILLIONAIRE several the this feature Simply read the write down the name the advertiser in which the word appear and send alona with name and phone no to MILLIONAIRE editor the Herald Each week draw will be made and winners not fled THIS WEEKS WINNER F RR Georgetown FOR ECONOMY FOR LUXURY VOLVO DOTH ON DISPLAY AT RALLY SPORT ISO QUEEN W BRAMPTON 459 Complete Body Collision Repair Service FREE ESTIMATES BESTWAY AUTO BODY Hit BAKEKyTDELIGHTS Especially Baked A 3481 On These Popular Names I PANASONIC MOFFAT MERIDIAN SIMMONS FLEETWOOD HALTON HILLS Furniture Appliances Queen Street Acton STORE HOURS Man Wed Thurs Sales Installation Quality Service Satisfaction OFF ALL REMNANTS system requlns each person takes respon siblhty for reporting his income from ill sources With available personnel and limited space it voiild be impossible for the staff in the District Off to prepire returns The expression moving expenses means many things to different people Can be specific regarding the of expenses which can be deducted in come for income tax purposes would general include the cost of travelling from a former new residence including meals and lodging en route transportation and storage costs for household effects the cost of up to 15 days temporary board and lodging near the former or new residence What about the cost of cancelling a tease ad vcrtislnganrllcgalcosts or real estate commissions Are of this nature regarded as moving ex penies mentioned Is included in moving expenses We should probably mention that expenses for any w done Improve the property before sale or mortage when the morlgagc is paid off before maturity or any loss in on salt are not included in moving ex penses I have received a scholarship from a university which requires me lo mote lo another city 1 understand that the amount of Ihe scholarship over must be reported is income Can I deduct my moving expenses to the The amount of the scholarship over must be declared as income and you may deduct moving expenses to extent or such Income declared in your return Moving ex include travel costs meals and lodging while en route transportation and storage costs of your household effects tern porary quarters etc for yourself and your family at your District Taxation Office for a brochure on Moving I am a full lime university student and have obtained temporary employment some miles away lam required to pay my own travel expenses to gel this temporary job Can 1 deduct this expense from the Income I earn during summer If hive been in full lime illcndince universitv or other post second education In In move a lake a job including summer cm vou mav claim moving expense This only to moving expenses get to the and not those for our return to the I resident in and receive rellromenl pension from the Stales I worked for also I S Social If is subject to the income lax Is the tat before deductions were taken off in the States or on the amount I receive here First of ill the gross of pension from Slites vour I Social are income for taxation purposes in When calculating the amount of income vou should convert both these amounts into the dolljr equivalent If income tax in the States vou will be entitled to a foreign tax credit on income lax return My received strike pay from his union office in United Stales live in Canada ind the strike was here Does he have report his strike pay If your husband performs no services other lhan picketingi in order to draw strike pay he need not report it However If he is required to perform specific services as is a special chauffeur in order to draw strike piy it is considered to he a piyment for vices therefore taxable income to him Since filing my income tax return I have been Iran sferred another province I am expecting a refund do I do about income lax deportment about my change of address Do I write to the Taxation Data Centre or do I write to my old or my present District Tixallon Office should write to your former District Taxation Office giving your full name new address and any other identification such as your account number Social Insurance Number and your previous iddrcss and advise that refund You should also notify your post office of your of address SERVICES Regarding the lax of capital gains what if was acquired efore January I 19 at a of Si and was worth SI on If later this property was sold for will he capital gain in this case be or In this example the capital gain would be the actual gain over period of ownership one half of would be taxable would I be affected if I acquired an investment before at a cost of MOO the market value of on aiuation is MOO and I seel the investment it a larter date for Do 1 a loss of or SUM In this case hive a loss of ihe difference fur Da selling price one half of or would be deductible from income ide I f Georgetown International Bantam Hockey Tournament Schedule i MILLIONAIRE 25 MILL STREET Royal Dank DYKSTRA REAL ESTATE YOUR LISTINGS INVITED CHAS Real Estate Broken 32 JEANETTE CRIMES Rcpreientativc TOWNE SEWING CENTRE special 44 Cotton Voile 39 Main HOBBIES ARTS CRAFTS FOR ALL AGES GEORGETOWN HOBBIES CRAFTS 11PM RESTAURANT CONCRETE From our Shop Ornamental iron Raffing Cuttom Mod Pro Martin Mllfon THE CARPET CLINIC Steam carpet and Upholstery in Home or our Plant Free Up a Delivery DAN ANTENNAS i TOWER AUTO ROTOR NADALIN CO LTD your home air conditioned now and FREE air cleaner or humidifier MILTON SUNNY Manufacturing lighting Limited Importer Manufacturer LIGHTING FIXTURES STREET LIGHTS MINI SIGNALS D id no i to p vs llnionville Wellington eraser JO Detroit llurncines 1 Buffalo Chatham W Detroit Little Caesars Peterborough J IH Hon s Nouleton vs I Port Perry Milton Bay llidges ft on Woodstock J IS TIIMU Thornhill vs I I nionvllle or Horn or Sharon or in vs or Waterloo vs Itoyals i Whltbv or I vs Milton or llidges Niagara On The lake I Mi Ihelmsford vs Leamington 1 Cliff Wilkirton Toronto Red Wings vs 4 Belleville Riverside I 1 I rBowm tile a Sharon or vs or or Mi lion or Ridges lift or vs I Sound Niagara or I I Chelmsford or 1 cam ngton or vs Thornhill or Preston WaterlooorMississauga vs Toronto Belleville or Riverside Port or Owen Sound Copper Cliff or or or Port Perrv vs Morn or or or Wellington or or II 1j Detroit or Peterborough vs Waterloo or or Red Wings or 12 m or W or or Preston vs or Woodstock A 1 45 or Chatham Detroit Hurricanes or London jo B vs Semi Una 4 m A Semi Grand 10 JPHOLSTERED TREE SERVICE II tvpesof trees pruned and mates and Guaranteed better price If payment plan fully Insured Jilt MONUMENT MARKERS Inscr Blasting at Greenwood Monuments Highway Nerval Peter Pew ANNS CARTAGE PIANOMOVERS FULLY INSURED WILL DISMANTLE We Move S3 PLANBUILD SERVICES LIMITED WE WILL DESIGN AND BUDGET Residential Commercial New Work 6974 INCOME TAX For Preparation Call JackTimpson 8779135 AIR Residential Central Systems Installed by censed tcchn al Labor guaranteed for 1 full year For Free Est mate and call 8778170 SAFETY DRIVING SCHOOL by O T and ear t dual controls lull LICENSED INSTRUCTORS 877 7792 RENOVA CARPENTRY Building of recrottlon or other additional room garage etc renovaiionof store and CUSTOM DESIGNING AVAILABLE Call or in Chris A Schouten Alfred R Spence AUCTIONEER Agricultural THEDEPT OF LABOUR Protect YOU by iuing cafe Qualification to competent experienced TV Service Tectin clan RYDERS TV UHEVHF SPECIAL Tower auto rotor VHF Antenna INSTALLEDS190 Antennas ACTON tf RADIATORS RE PAIRED CLEANED BROCKTON MOTORS SALES AND SERVICE TYPES OF ELECTRIC GASOLINb MOTORS HOME HANDYMAN ROOMS AND RENOVATIONS PAINTING GARAGES AND BASEMENTS CLEANED AND RUBBISH REMOVED 877 8624 4519 people vhhp MAYTAG APPLIANCES Main Street DANNY MARCUCCI TILE SERVICE All types of wall tile door tile and sheet flooring 878 3987 GEORGETOWN CARPET INSTALLATIONS Repair and tf SERVICEMASTER Carpels Furniture Wa Is Floors entire house CALL THE CARPET CLINIC I WD 11 In v our home or in i modt rn pick up and 459 4140 HALTON MASONRY Block Laying and LAWN MOWER REPAIRS SALES AND SERVICE EQUIPMENT HAZENSAUTO 47J I I atMnuntalnview I ENJOY OUTDOORS Snow blower lawn mower for Gravely trictors oncer saw lor rent Jims Sales and Service Centre CLAUDE maintenance Renovation Part Time CARPENTRY Hours from p m to Shamrock Studios ADAMS PHOTOGRAPHY GENERAL PHOTOGRAPHY FAST PASSPORT PHOTO TREE SERVICE TREE MAN LIMITED BOX ACTON Pruning Lot Clear ngFam Elm TWIN WINDOWS window Gta Sliding Door Sale ft Service Stock Site Window Available ONT PROFESSIONAL PRINTING FOR ALL YOUR NEEDS THE HERALD Need A Plumber AMOS PLUMBING on repairs GENERAL REPAIR Ch mney Roof Repair Platter Repair Fancy Celling Basement Parsing Slue Work SPECIALIZING IN Concrete work Floor Patio CALL DAVE AT 853 2726 Far Fret LENZ ELECTRIC Quality Residential and Commercial Wiring CALL noon hour T S ELECTRIC Commercial Domestic Wiring Industrial Maintenance Robertson Electric CARNEY ELECTRIC Charles Carney 97ii WILLIAMS R BEENEY HEATING TIN5MITHING R Georgetown DOCKERAY PLUMBING AND HEATING Softeners 8772713 RESIDENTIAL INDUSTRIAL COMMERCIAL Air Conditioning Plumbing Heating Industrial and Commercial BILL GARBUTT HARDWOOD Est mo operator ask lor Zenith PAINTING and DECORATING interior Exterior FREE ESTIMATES HARRY BRANDFORD 8771211 RENT EQUIPMENT AND TOOLS HOME INDUSTRIAL COMMERCIAL HUTT FENCE LTD RENTAL 107 Queen Street North Phone 8783828 Open Monday to Friday Except Holiday Weekends

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