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8 - PORT PERRY STAR, Tuesday, March 21, 2000 "Scugog's Community Newspaper of Choice" Police seeking tips on February's gas bar robbery in Port Perry Crime Stoppers and Durham Regional Police are hoping that you can assist in solving a gas bar robbery that occurred in Port Perry on Feb. 17 of this year. On Thursday evening around 9:50 p.m., the Cango Gas Bar at 10550 Simcoe Street was robbed by two males. The gas station attendant, while outside on the lot observed a male party inside the kiosk. Approaching the kiosk, the attendant observed that this male was wearing a balaclava and was carrying an armful of cigarette packages. The suspect grabbed the victim's arm order- ing him to turn over the money. The complainant complied turn- ing over a quantity of cash from the till. The suspect fled the store with the cash and cigarettes run- ning off with his accomplice who was waiting outside. No weapons were produced during the inci- dent. Suspect number one is described as male white, approx- imately 17 to 20 years of age, 6' with stocky build. He was wearing a dark coloured balaclava, dark green three-quarter length coat and gloves. Suspect number two is believed to be male, also wear- ing a dark coloured balaclava and three-quarter-length coat. Crime Stoppers will pay cash for any information that will lead to an arrest in this incident. Callers never have to give their name or testify in court and we do not use call display. Our numbers are: 436-8477 or 1-800-222-TIPS. AH & 7 i | i - | with Mortgage Backed Securities FY) Monthly Income Sie Se Talk with Investment Advisor RBC Robert J. Gow DOMINION 434-7156 or 1-800-267-1522 SECURITIES 1! Simcoe St. N., Oshawa, ON L1G 454 Personal Wealth Management™ Member CIPF ROGER B. MOASE CHARTERED ACCOUNTANT Income Tax Return Preparation Electronic Filing -- Individuals, Small Business, Farms, Corporations "Personal, Confidential Service... and a Real Person Answers the Phone" 175 North Street, Port Perry (905) 985-8893 Email: rbmoaseca@sympatico.ca New rules for What are the new rules for reporting retroactive lump-sum payments? With certain exceptions, retroactive lump-sum pay- ments are taxed in the year they are received, regard- less of the number of years to which they relate. As a result, they may be taxed at a higher marginal rate than if they had been paid periodically. In order to rectify this situation, you may now choose to have certain types of retroactive lump- sum payments taxed as if [ SCUGOG FINANCIAL _| 8) 124% (0 I IA OF IT'S WORTH THE DRIVE TO PORT PERRY! NEW YAY 2a NIE = =m NAVA SESH HY | SNR ES masons 0 Annual Rates © GIC RRSP 5.600% 6.100% 6.250% 2 YEAR CASHABLE 5.575% 6.100% 6.250% 6.250% 6.350% 5.000% AFTER 120 DAYS MINIMUM $1,000. Rates Effective 03/20'00 - Subject lo change without notice 250 Queen Street, Port Perry 985-3832 (next to Shoppers Drug Mart) ASSOCIATED WITH 1-888-595-4413 Serving Scugog for over 25 years [ SHEPHERD & POWELL ---- CHARTERED ACCOUNTANTS -- Ifyoudidn'treceive Tuesday's Port Perry Star...youaren't getting all the news! SUBSCRIBE NOW! Van Camp & Keller Chartered Accountants, LLP Income tax planning and return preparation. Personal tax returns electronically filed. Financial, estate and retirement planning. Personal Tax Returns are being processed now. OFFICE HOURS UNTIL MAY 1: Monday to Friday 8-6, Saturday 9-1 204 Casimir St., Port Perry Telephone: (905) 985-9725 Toll Free:1-800-215-3852 reporting retroactive payments they were received in the years for which they are paid. This election applies to the following types of income received after 1994 and paid for years after 1977: o Employment income and damages for a loss of employment, received pur- suant to a judgement, arbi- tration award or settlement of a lawsuit; o Wage loss replacement plan benefits; o Periodic pension ben- efits (including OAS bene- fits) paid in a lump sum; o Spousal or child sup- port amounts; and o Employment Insurance benefits. | The total of all such pay- ments that relate to previ- ous years must total at least $3,000. In addition, only the principal component of the payment qualifies for the special treatment. Any component relating to interest will continue to be taxed in the year it is received. What are the new rules for EVEN THE INSEE SS IOAN [ONISHI D) INSEE {UIA R [OG] IS 174 Perry St. Port Perry 985-9803 akiali=] Kee] 4 TAKE THE fear OUT OF TAXES www.hrblock.ca claiming travel expenses? If you are moving this year, or claiming medical travel or the northern resi- dents deductions, you may now use either a simplified method or a detailed method to calculate your travel expenses. Simplified Method If you choose the sim- plified method, you may claim a flat rate of S11 a meal per person, to a max- imum of $33 per day, with- out receipts. If you used your car, you may also claim a flat per/kilometer rate for vehicle expenses. The rates vary depending on the province or territory from which you start travelling. If you want to use this method, you must keep track of the number of kilo- meters you drive when using your car for moving, medical travel or the north- ern residents deductions. Detailed Method If you choose the detailed method for claim- ing meals, you may claim what you actually spent, as long as it is reasonable. However, you must have receipts. If you choose th" detailed method for clain- ing vehicle expenses, you may claim both operating expenses (fuel, oil, tires, license fees, insurance, maintenance and repairs) and ownership expenses (depreciation, provincial tax and finance charges). However, you must also keep receipts and records for the entire year, as well a a record of the number of kilometers you drove specifically for the purpose of claiming moving expens- es, medical expenses-or the northern residents. deductions. Your claim for vehicle expenses is then calculated as a percentage of the total kilometers you drove during the year. Courtesy of, H&R Block, 174 Perry St., Port Perry A oA 0 I AAPA AAA SB AAU SAPNA