Do You Understand the New CPP Rules?
We have often said that if you really want to get as many savings as possible on your Canada taxes that you have to stay on top of the ongoing changes that take place in the tax laws and rules. Not only can they have an immediate effect on your current taxes but they can have an impact on future years. They can also influence any decisions that you may be contemplating. There has been some changes to the Canada Pension Plan (CPP) rules that went into affect in the 2012 taxes.