| Title | : | Tax Saving Tips Canada | The BEST Tax-Free Account | 15 Secrets The Taxman Doesn't Want You.. vol II |
| Duration | : | 12:11 |
| Viewed | : | 9,818 |
| Published | : | 11-05-2020 |
| Source | : | Youtube |
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Tax Saving Tips Canada | The BEST Tax-Free Account | 15 Secrets The Taxman Doesn't Want You To Know💸💸
Investment tax in Canada is the perfect example of tax on tax
You first pay income tax, then wisely invest the remaining
but in the end, you still have to pay tax on what your investments earned.
What is your tax-saving strategy for your investment?
Maybe you will say RRSP or TFSA
But What if there is another tax shelter account
that is even better than RRSP and TFSA
We will continue
15 secrets the Taxman doesn’t want you to know by Dwayne Daku
In this video, you will learn:
- 3 Types of Investment Taxes
- What are the common mistakes for TFSA
- The best tax-free account other than TFSA and RRSP
📕 Book link:
www.amazon.ca/Secrets-Taxman-Doesnt-Want-Know/dp/1…
1:00 What are investment taxes
1:25 Interest, Dividend, and Captial Gain
3:01 Example of Interest, Dividend and Captial Gain Tax
4:45 TFSA
5:02 Common Mistake of TFSA, Tax Free Saving Account
7:11 LITS, Life Insurance Shelter plan, the best tax free account
8:15 How Life Insurance Shelter Plan, LITS Work
9:03 LITS Example in real life
#besttaxfreeaccount #taxsavingtipscanada #paylesstaxes #investmenttax
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Enjoy!
DISCLAIMER: These videos are for educational purposes only. Please talk to professionals for your own tax plans.
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Thomas is a 10-year veteran advisor in the insurance and investment industry. He understands the life stages and challenges that people are going through. Therefore, the purpose of this channel is to bring awareness to the importance of financial education. No matter what age group you are in, knowledge has the potential to unlock wealth.
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