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Home My WebLink AboutThe Huron Expositor, 1970-03-26, Page 11a. 1 SIDE COME TI FORMATION A REGULAR CO}.UMN OF ANSWERS TO QUES- TIONS FREQUENTLY ASKED YOUR TAX-MAN. Freshly Cut — .YOUNG 590 lb, TURKEY LEGS Freshly Cut YOUNG TOW BREA$TS . • FEARiViAN'S PARTLY SWINE AND DEFATTED'13EADY-TO-EAT SMOKED 'az 4.1 SHAN , BUTT Ail PORTION PORTION 'TOP- V,ALU s 16. WIENERS v.p. lb.. SMOKED HAMS it!le Half Ecorraity WIENERS , or 3-Ihs. more EconOmy Pack GRTIIAJI) BEEF Govern Sliced SIDE BACON Vac , 1-11) 890 Pac lb. Aylmer Fancy - V'tables tins A.00 Asst'd $ i Top Valu Spaghetti or 2-1b. Inc Macaroni etc:‘Pkg• Westinghom 40.00.100 watt Extra Life LIGHT pkg. .490 BULBS of 2 Heinz in Tomato Sauce' Beans 5 14-ok, tit 00 with Pork tins 'V ia Top Valu LUNCHEON ,12-0 z• AAt MEAT 171" Top Votu - INSTANT. io.oz.$1 AC COFFEE • Jar GRANULATED FINE WHITE SUGAR 5 lb Bag TOP' VALU ASSORTED F LAVOU RS CE CREAM gal. ctnr. WESTON SODA CRACKERS Plain, Salted- °Sraltines 1.1b. Box' We Reserve the Right to Limit Quantities Prices Effective March 26 to -March 28 InclUsive. Allen's Sweetened Asst'd Flavours 48-oz. 011 FRUIT DRINKS - tin LIbby's Halves or Slides 14-oz. nit Peaches 4 tins 'Amu Right Guard Anti Perspirant Special Pack SPRAY 6""' Ntit DEODORANT tin SHIRLEY ,GAY APPLE PIE 8 2/ 24P1-0;sz. . Weston CHELSEA BUNS of 8 All Sweet, Parchment Margarine. 310 Fraservale Fancy Frozen GREEN . 21b. 494A PEAS Poly Baia prosrma=mrvvr.s... EVERYDAY LOW PRICES MOW • EasterSavingTime CHOCOLATE ROVE ILTI ES by Smiles Chuckles . 49c to ' 1.5.0 i 10 - ,15c - 25c - 35c - 50c c fi COUTTS HALLMARK and RUSTCRAFT Personal and Religious FEATURE! Easter Cards y CHEREO'S Homemade Line- Ladies', Hosiery 49c to 1.00 Ladies' Lingerie ...romeorproo•r•Pro000...........r.000.•••••••••••••••00.....00. Spring Fabrics Sewing , Supplies Jelly, Cream and Marshmallow Eater 'Eggs MOIR'S, BOXED CHOCOLATES from 1,151 Visit -Our Record Bar arope ROOKS Alai)' • STATIkA,CRY* STORES The Friendly Store in Seaforth — "the friendly town" Complete Line of CHILDREN'S SPRING HOSIERY NEWEST STYLES CHILDREN'S SPRING CLOTHING -,!Aft.EA. FUNERALS OFA Protests Surrounding 1. Q. On the income tax form there is a space for date of birth. Is it necessary for me to give my date of birth, and if so, why? A.YoUr date of birth is used for vay1ous purposes, such as additional identification and determining liability for Canada Pension plan contri- butions. It is required in- formation, and like all other information on your return, is confidential. 2. Q. Is a gain , froni sale of shares taxable? A. Unless is considered that trading in shares is paik of your business, a gain made in buying and selling shares on the stock market is ordinarily not taxable. 3. Q. I contribute, at my place of employment, to a Pension Nan. However, as I want to have a larger pension when I retire I have also taken out a retirement savings plan with a Trust Company. What is the maximum con- tribution that I can claim on my income tax form for both of them? A.As an employee you will be , allowed to deduct your con- tributions to the Pension Plan up 'to a total Of $1,500, or 20% of your earned in- come if it is less tharf$7,500.• 4. Q. I started a new business in 1969. Can you tell me what depreciation 1 can claynfor income tax purposes? A.Carlital cost allowance, sometimes referred to as depreciation, is allowed as a deduction. The rates vary with the type of asset. For example: Class 10 - For example: Euchre, Winner's . The St./. Patrick's euchre under the ahVices of Edelweiss Rebekah •Lodge was held in the 1.0.0.,F..11all on the afternoon of St. Patrick's Day when winners were: Ladies High - Mrs.Robert Dalton; Ladies Lone - Mrs.Mabel Hfg4,rson; Ladies Low - Mrs. Milton licirp7 ,i3'irtildat -:rite Wallace Ross. tuckr,ser- ' viette Mrs. Molly Waddell. Class 10 - cars, trucks, etc., 30 ; ClaA 6 ,- frame and-stucco buildings, la; . Class 3 - steel, brick and concrete buildings 5%, Rates for other assets may be obtained by reference to the Income Tax Regulations or from your local District Taxation Office. Special rates may apply to assets of a farmer or fisherman. For these, see the Farmer's" and Fisherman's Guide. — . • --Q. We had our first child last month. HiAli do I go about having my tax deductions changed, or do I need to do anything? A.A child will affect your ex-., emption status and if you would like this reflected in the amount of tax deducted from each paycheck, you should notify your personnel office and they will have you fill out a new TD1 Form. Or, If you prefer, you can con- tinue with your deductions as they are and enjoy the bene- , fits of the additional exempt- ion when you file your income tax return for the year. 6. Q. Is there a limit below which interest does not have to be reported on my income tax? ' A.No. Interest income should be reported whether the amount is $1 or $1,000. 7. Q. I have agreed 41 ,work in the United States for my employer for a period of three years. Can Canada Pension contributions be continued on my behalf? A.Uhder certain circum- stances employment out- side of Canada by a Canad- ian employer can be covered. You should contact the near- est Taxation, Office with the full particulars for further inforination. d.• 8„ Q. I bought land in 1965 on a half-crop- share basis • and thiS 'half share was sold in the vendor's name. Do I have to pay Income Tax dh the half share that was' paid to the vendor? A.Yes. The half share that is sold in the vendor's name is your income .and the sub- sequent payment to the ven- dor is of a capital nature. YIR.S.HA,ROLD WHYTE Mrs. Harqld Whyte, 67, Sea- forth, died Friday in Seaforth Community Hospital following a short illness. She was born in Belleville, the former Marjorie Isobel Boyd but spent most of her life in Ha lton where she at- tended soh and acted is a secretary prior to her mar— riage.* She was a member of First Presbyterian Church, Seaforth and was active in organifations of that church. She had been a resident of Sea- forth since 1951. , Surviving are her pusband, to whom she was married in Hamilton in 1928, one son,Doug- las, Port Carling; two grand- children; one sister, Mrs.Sin- clair(Elizabetit) Bernard, Ham- ilton. The body was at the G. A. Whitney Funeral Home, • where the service was held at 2 p.m', Monday conducted by her min- ister, Rev. T, C. Mulholland. Temporary entombment was in Pioneer Mausoleum. Burial was in Maitlandbank Cemetery, Sea- forth. Pallbearers were Thomas Whyte, Wilfred Whyte Jr., Wm. Whyte, Rick Kelland, David God- dard and Pete Goddard. seven grandchlidren Mid one A great-grandchild. 606,Q,barlea Edward Stiver, lost his In car - train- collision late in February, of Seaforth. The body was at the R. S. Box funeral home, Seaforth. *Requiem high mass was sung at 10 a.m. Tuesday at St.James Church, Seaforthl Temporary entombment was in ptpneer Mausoleum with burial later in St. James' Cemetery, Sea- forth. - Pallbearers were Kim Dineen, Mitchell Dineen, William Dineen, Larry McGrath, Doug. Reynolds and Frank Reynolds. MRS. FRED BROPHY The ' death took place in Detroit, Mich. of Belle (Boole) Brophy. Mrs. Brophy was a former resident of Seaforth and was the daughter of the late Mr. and Mrs. Chas, Soole. Slip was the widow of the late Fred Brophy formerly of Goderich. A brother, Arthur Sciole, lives in Vancouver, B. C. JAMES PEPPER Word has been received of the death of Ar. James T. .Pepper rot' Weyburn, Sask. by his -brother, Gecirge PePper of Mitchell and his sister Mrs. James Malcolm of the Kilbar- chan Rest Home, Seaforth, Use Expositor Want - Adi Phone 527-0240 The Ontario Federation of Agriculture believes that a stand must be taken to protect the in- divtdual farmer from the hyster- !cal outbarsts being made in public both for and aiainst the Benson White paper on Tax Re- form.. The OFA In a release thid week stresses that farmers must make efforte to bring about con- structive changes In' Our taX system. The Federation will hold a provincial workshop conference on March 30 in Toronto to ex- plain the proposals of the White Paper and how the farmer is affected. It is suggested that this meet- ing, be attended .by represent- - gives from _ across Ontario, could lead to similar workshops and infOrmatien Meetings at county add towtMhip levels. • The titFA supports the an- flounced intent of the reforms to bring about an equitable taX system'. But the Federation stresSes that there are numerous areas.which need change before the White Paper wilrbe acdept.- able to-farmers. The Federation points out that a much needed change, the integration \ of the federal tax system with the provincial and municipal tax systr -n, is .not achieved in Mr. Benson's paper. ()FA president Gordon Hill explains that this integration is a necessity. Concerning ,capital gains . taxes on inflation, tlje OFA is convinced that „justice demands TOE, iniRpti1XPOIT914-SkArcgrilit:Olfc,144‘01. tog l000lgot9o:.0..W11404411 tn*Ci O. #1:5 ogorcp,m.',;: pp:tient et the en*01tvin01.0114ri,, ..”the 9F4 pr9ppapIs , , change the' ligneMi lt, sfatrod Oat tqf goveremem eagle ,to e9ntrel toilet/on, there , le go rempo why the taxpayer,' shouicl ,he penalled." — CLAY FAR: Loose or Palletted * Delivery or Pick Up at Yard Use Clay Tile for Tested and Proven Performance • LOWEST' PRICES ORDER. NOS FOR SEASONAL DISCOUNTS PARKHILL BRICK at' TILE COMPANY For Further DetailS Phone .1, London 43S-1021 Collect - URKE Young Canadian Canada's 1st Turkey Grade 'A' Frozen ' With A Handle Frozer Grade 'A' Top Valu Turkeys or' PREDRESSED HEN TURKEYS, GRADE 'A' FRESH TURKEY BROILERS 6-10 lb. size IVIRS.HARQLD STIVER Mrs. Harold Stiver, 7-8, form- erly of R.R.4, Seaforth, died, in Huronview, Clinton, ,Sunday. She was the former Mary Marrin of Toronto, She was predeceased by her husband and is- survived by one daughter, Mrs. Arthur-(Barbara)- Overgaag;Markham, one brother, Ewart, Toronto; one sister,Mrs. Genevieve Dymant, Toronto; News of VARNA Cornespondent Fred McClyrnont 'Mr. Floyd McAsh of.liamil- ton spent the weekend at the home of his parents, Mr. and Mrs. John McAsh. Mr. and Mrs. Gary McAsh and son of London visited the home of Mr. 'and Mrs. William McAsh.at the weekend. The loAtil Boy Scouts will hold their spring paper drive. in, the near future. The skating ,rink whieh has been in operation continually Since before 'Christmas was closed- on. Saturday.. The maple syrup season got, off to a slow start last week ' and the , outlook is :for ashort season. Special Easter services will in .be „held" the Varna and Goshep Unifed Chnrches, next Sunday with', the 'pastor, Rev. M. ,Morrison, in charge. . OPENING. SOON MEL'S TV CENTRE In the F4rmer Gingerich Store SEAFORTH TV Sales and Service — Radio 4epairs Owned and\operated by Mel Melanson, Seaforth. Gov't. Insp. Geode 'A' PREDIZESSED FROZEN fURKEY BROILERS 6-10-1.bs. frr ,r PIAMONIDS, WATCHE 5 JEWELLERY, f INE CHINA GIFTS FOR EVERY OCCAYON Ali Types of Repairs Phone 527-0270 69c Shan1dess SIVJOKED PICNICS Young 8-14ribs, Canadian Geese Frozen Side SPAR RIBS 59° 113 790 lb 69° lb SS Top Yalu BEANS w/PORK Top valu firesh Roasted Economy Pack 'Beef and Pork SAUSAGE 'Cranberry •Evaporated 9a t Whole .or Jelly Sauce Milk • 'Li tins 11.114 Ocean Spray eordea 2% 14-ot. tin 290 CAKE • 9.oz. to 1 MIXES •10.oz. pkg. Pouch Pack ' Monarch Asst'd Flavours Top Veit' Solid 3,2-oz, A90 • 4 Dressing" Asst'd Plastic :E./61'3[81°61.14 Pot 1.99 U.S. NO. 1 (Slice 24's) HEAD LETTUCE ZP3R45 CALIFOR,NIA SUNKIST NAVEL ORANGES -Mize 19.oz. 19 _, Top Vela Fancy tin F Halves or Slices PEACHES - , • • Top Valu Choice Cream Corn or Fancy Whale ' , 12-oz. to i ft., Kernel Corn . .. 14 `es i3.,toizn, Mr TOMATOES • tin 290 Top Vaiu Chtico A Top Vale/ 24:oz. AA A. 4bgt PEANUT BUTTER Jar ' Or 3-ths. or more . 55° Housewares es go BANQUET ASST'D FROZEN DINNERS , 2/ 8 1-az. Pkg. BEAN Coffee Gag Top Valu Liquid Detergent , mas. bti. fa Top Valu Fancy TOMATO JUICE .. 48t.ionz. 2 , Top Valu Fancy ' )28-oz, FRUIT COCKTAIL Ain. Top Valu 28-oz, WA tin jsc Evaporated Milk . Top Valu Tomato Ketchup ' Top Valu ' . ;01 Purpose FLOUR 8.1b. 4r, Top Valu Canadian, Nippy or Pimento 1 8-:or. CHEESE SLICES , OM • Coleman's Ready to Eat ond Fully ' Defatted and Skinless