8 Ways to Reduce Taxes In Canada

April 30th, the due date for personal tax returns in Canada is quickly approaching and many of you might be asking yourselves "how can I reduce my taxes?" This video will show you 8 ways in which Canadians can reduce their taxes.

00:21 – #1 First Time Donor Super Credit
00:43 – #2 Accounting Fees
01:08 – #3 Salespersons Expenses
01:29 – #4 Vehicle Expenses
01:53 – #5 RRSP
02:14 – #6 TFSA
02:34 – #7 Spousal Loan
02:54 – #8 Public Transit Amount

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Disclaimer:
The information provided in this video is intended to provide general information. The information does not take into account your personal situation and is not intended to be used without consultation from accounting and financial professionals. All figures and dollar amounts are used for example purposes only. Allan Madan and Madan Chartered Accountant will not be held liable for any problems that arise from the usage of the information provided in this video.

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