Whitby Free Press, 23 Apr 1980, p. 16

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Tax tips for those plannnig to retire The bike i*s theprize Marion Irwin, co- chairrnan of this month's Canadian Cancer Society's fund raising drive, and Tom Wilcox, president of the Whitby Kiwanis Club, show off the draw prize in this year's Ladies Great Ride. The Ladies Great Ride is, in Irwin's words, a leisurely bike ride of 20 kilometres to raise money for cancer research. The bicycle pictured here is the donation of Lasco Steel and is supplied by Peacock Sports of Whitby. The bike will be raffled off on the day of the ride. rwin was also auick to, point out that, this year, the ride is open to anyone and they don't even have to be female. The ride takes place on May 3 at 10 a.m. and start.s and finishes at Centennial Park. For more information about the ride cail Charles Cyr at 668-3858. Last year, 84,000 Canadians retlred. Whether you were one of them or whether retirement la years away, you should find out about the Income tax you'il be paying for the year you retire and after. For many people, retirement means living on a reduced income. Yet in the year you retire, your income could be quite high If you received a lump sum paymei't or a retlring allowance as well as regular employmei't income. To avoid flndlng yourself ini an unusually high tax bracket ln the year you retire do some homework In advance by readtng the pamphlet- "Thinking of Retiring?", will tell you how to reduce or defer In- corne tax in the year you --etfre. You may do thîs tiirough general or forward r.veraging of income, .hrough a Registered Retirement Savings Plan, or by transferring certain deductions between spouses. Retiring takes careful enjoy your new lifestyle and to get maximum benefit from the income tax options open to you. To assist you in pamphlet *'Thinking Of Betiring?" la avallable free from your District Taxation Office. D. THAPAR Denture Therapist 214 Dun"o St. E., Whitby 668-7797 HOUAS: Mon. - Sut. & Evsnings By Appointmmflt OnIy WHITBY ARTS INC. PRESENTS THE GALLERY JAMBOREE BARN DANCE FR1 DAY APRIL 25, 8 P.M. - 1 A.M. HEN'DENSHORE PAVILION BUFFET SUPPER - CASH BAR TICKETS $15ICOUPLE 668-4185 Employees Avaiolable Firestone Canada Inc. wishes to announce that a numnber of semi-skilled, skilled and professional employees are available for employment, due to the company's decision to close its Whitby tire plant. In conjunction with Canada Manpower, Firestone is attempting to place its employees in new suitable employmnent. If you are currently looking for employees in factory production, semi-skilled to skilled tradesmen, clerical, office, supervisory and management people . .. we have people who we know will be an asset to your business. We will be pleased to answer your inquiries and set up interviews for you. Contact Nelson Buffet, Gambell at 668-3361. Karen Kennedy or Lorren Whitby, Ontario

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