Jan. 2, 2018, Sunny Sun was invited to Y2018 first TV live talk on Fairchild TV program to talk about “RRSP/TFSA Investment” and “2017-2018 Tax update”. Host is Mr. Fred Liu & another guest speaker is Mr. Nick Lai.
The major changes for personal income tax for tax year 2017 is change of:
From Y2018, BC Province adds a highest tax bracket, an extra of 2.1% for income higher than $150,000. So, the combined highest tax rate in BC, after combining federal tax=49.8% for income higher than $202,800.
Fairchild TV will replay this tax talk again this Sunday Jan. 7, 2018 Vancouver time 7:45 am, and Toronto time 10:45 am.