We have previously published content about buying an investment house, whether to buy it in the name of an individual or the name of a company, each has its own advantages and disadvantages, the key depends on why you buy it and how you buy it.
The same is true when buying a car. Don’t think that the more you spend, the better it is for the sake of saving taxes. Much more.
This video was made for small families with children and paying the child DAYCARE fee. If your high-income parent is in school or the low-income parent cannot take care of the child for other reasons, Please be sure to check the T776 form to see if you, as a high-income party, can deduct your child's DAYCARE expenses and enjoy a special childcare benefit in Ontario this year. The amount is considerable, don't overlook it!