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The Goderich Signal-Star, 1981-04-22, Page 30PAGE 12A—GODERICH SIGNAL -STAR, WEDNESDAY, APRIL 22, 1981 The best surprise is no surprise when filling out income tax returns If the best surprise really is no still:wise, people com- pleting their tax returns this year should be happy. With very few legislative changes, the main difference taxpayers may notice on their 1980 income Ox. returns could be the new picture on the tax guide.. Gone are the VPiCal tilMaYers' Who have graced the cover' since 1975, replaced by a typical Cana-• dian city skyline. Legislative changes con - tattled in -the recent Bill C-54 will affect mainly those tax- payers who employ their wife or husband in their business as well as tax- payers who serve as volunteer firemen or who receive low-interest or interest-free loans from their employers. For the first time, people who employ their wife or husband can claim the .salary they paid in 1980 as a tax deduction when filing their tax returns this year. The employing spouse must also deduct Canada Pension Plan contributions and remit them, along with the ap- propriate income tax deduc- . tions, to Revenue Canada, Taxation. The spouse who .received the salary. must also file a tax return and in- ' clude that salary is income. Volunteer firenien. • who received an expense allOwance last year may benefit from the new legisla- tion. The tax free portion of their. expense allowance has 'fieen raised from $300 to $500 for 1980 and subsequent years. Employees. who receive low-interest or interett-free loans from their employers will benefit from the new rules for determining the amount. of the taxable fringe benefit that they received. Until now, the benefit on such loans was calculated as the -difference between the rate. being charged the employee and the current in- terest rate in effect. From 1980 the interest rate in ef- fect at the time the loan was made will be used to d,eter- mine the taxable. benefit. If current interest rates are an indication, this change will mean tax savings to most taxpayers who receive such loans. - Other changes this year in- , elude the introductii3n of a tax-free travel allowance to people who are full-time employees but who accept part-time employment at a location that .is at least 50 miles from both their place of residence and usual place of work. This change could benefit people such as university or college pro- fessors who may teach part- time at an out-of-town loca- tion. student funds increase Funding of the Ontario Student Assistance Program will increase by 16.4 per cent for 1981-82.to a total of $98.2 million, Colleges and Universities Minister Dr. Bette Stephenson announced recently. The amount is an increase of $13.8 million over the last year. Of the amount $4.2 million has been set aside to meet the increased tuition fees for those who qualify for student assistance. The Ontario Student Assistance Program is com- posed of four plans, three of which are funded by the On - tali° Government. Canada - Student Loans, the fourth component of the program, is financed by the federal government through the Secretary of State. The three Ontario plans include the On- tario Study Grant Plan, the Ontario Student Loan Plan and the Ontario Special Bur- sar4r Plan. The Ontario Student Loan Plan was introduced in 1975 to assist students whose needs were not being met fully by Canada Student Loans. The province expects to issue about $25 trullion in On- tario Student Loans during 1981-82. Only $1 million in loans was issued during 1977- 78: Dr. Stephenson said that increased interest charges of the Ontario Student Loan Plan plus the fact that the federal government has not increased the loan max- imurn under the Canada • Tur n to page 13A • In addition to changes to the cover of the tax guide, the new, shorter tax return, introduced last year, has also been re -designed. Mail - ed to half of Canada's 15 million taxpayers, the Ti Special is intended for peo- ple whose tax affairs are relatively straightforward. This year its format is easier to follow, with a nine -step il- lustrated guide coded to the tax return. The 7.5 million people who received the Ti Special in the mail, are advised to en- sure that their tax situations have not changed since last year. People who buy YOU'LL DO BETTER AT A&P We reserve the right to limit quantities to normai family requirements' YOU'LL DO BETTER AT A&P a. is YOU'LL DO BETTER AT A&P Prices effective thru Saturday, April 25th, 1981 • SAVE 1.36 • Powdered SUNLIGHT DETERGENT • 6 litre box (Our Regular Price 4.35) R1E:MP's, RHOSP's or who claim alimony or child care payments are among those not eligible to use the Ti Special. 1111111.1111111111111111111111111111111M1 People who owe tax at April 30 or who are expecting a refund, should note that the interest on both tax owing and refunds has been raised to 12 per cent, up from 11 per cent last year. Interest on overpayments is calculated from April 30, the date the tax return is filed or the day YOU'LL DO BETTER AT A&P .4011100 001110 Powdered —."For Unbleachabler." JAVEX BLEACH COME 1.2 kg SAVE 5CW • 1 -Ply, Bathroom COTTONELLE TISSUE pkg of 4 rolls 4 (Our Regular Price 1.69) Deodorizers, Assorted Scents IL FRESH • • 25 g ctnr VISIT FOR FRESHNESS 4244E FAIW FLAVOUR emat A&Fmma% • Product of California, "A01E1111110 NAVEL ORANGES. Sweet, Tender, Golden Canada No. 1 Grade, Product of Florida Corn " on -the -Cob for each Sweet Seedless Size 138's Product of Chile, Crisp Sweet Red Grapes Ib Product of California, Ripe, Sweet, Luscious Fresh. Strawberries 9 pint PRODUCT OF U.S.A., MIX & MATCH, BUNCH GREEN ONIONS OR Radishes 8-0Z CELLO PKG 3 for gg? PROD. OF CALIFORNIA, GREAT WITH SEAFOOD & SALADS Lemons 5for99,/ CANADA NO. 1 GRADE, PRODUCT OF ONTARIO, LONG, SEEDLESS, ENGLISH Cucumbers PRODUCT OF FLORIDA, TENDER, GREEN ea,..99? Zucchini Squash ib691i CANADA NO. 1 GRADE, PROD. OF TEXAS, FIRM, GREEN Fresh Cabbage ea 69? PRODUCT OF FLORIDA, TENDER, SWEET 12-01 PKG Mini Carrots 10,99? Lemonade, Tropical Fruit Punch Cencerd Grape LB. BRAND 6tottrez FRUIT DRINKS PRODUCT OF CALIFORIA, SWEET, SEEDLESS, SIZE OE's, URGE NAVEL Oranges 126,1.99 PRODUCT OF FLORIDA, FRESH CRISP Endive or Escarole 26,99? PRODUCT OF CALIFORNIA, TENDER, GREEN Fresh Broccoli bunch99? PRODUCT OF CHILE, SWEET, EXTRA LARGE Onions Spanish Type 2f0,99 CANADA 'NO. 1 GRADE, PRODUCT OF FLORIDA rim, RIPE, FAMILY PACK, RED Tomatoes 11/2 lb Pkg 1.79 PRODUCT OF FLORIDA, INDIA/ORIVER, JUMBO PINK Grapefruit 5 f°r1.99 Coned Farley, Product of Ontario, Red, Sweet DELICIOUS 01179 APPLES bag 1- 41111 in SAVE up to 961 All Popular Canadian Brands CARTON the overpayment arises, whichever occurs last. With refunds averaging $424.10 last year, every day of in- terest counts. ..\0"1""*. CIGARETTES. Regular or King Size, 20's & 25's (Our Regular Price up to 7" HEAVY BASE ASH TRAY • (Our Regular Price 44c each ) , Chicken Noodle • CAMPBELL'S SOUP '1/111 11110\ Buy 3 — SAVE 33c for )2( (Our Regular Price 1.59 ) Decorated, White or Yellow IBUY 2 —SAVE 59ce Jane Parker, Sliced, Cracked Wheat or • • 60%• WHOLE WHEAT BREAD 24 -oz loaf - • (Our Regular Price 79c loaf ) Cloverdale • WHIPPED BUTTER 250 tub g FIESTA YOGOURT 2f099ce Gay Lea 175 g tub (Our Reg. Price 33c each) Buy 4 — SAVE 33c Gerber, Strained, Meatless Var. of Foods & Juices SAVE 40c A TOWELS • 19 BABY • FOODS VIVA, pkg. of 2 rolls SPAGHETTI ZOODLES OR ALPHABITS, IN TOMATO SAUCE KELLOGG'S Libby's Pastas 14 -fl -°z tin 59? ROSEDALE,CHOICE PEAS Olt • 14 -FL -OZ TIN Cream Style Corn 36,1.00 BREAD 8. BUTTER . •750 ml JAR Coronation Pickles 1.49 WHITE SWAN, ASSORTED COLOURS Facial Tissue GRANY SMITH, PURE Apple Juice Liquid JAVEX BLEACH 4.541 -oz jar Bran Flakes KELLOGG'S Raisin Bran 9,1 400 g pkg 99,1 800 g pkg 239 KELLOGG'S, REGULAR OR BROWN SUGAR COATED CEREAL Mini -Wheats 425 g pkg1.39 ASSORTED VARIETIES Rice-A-Roni 7'/4 -oz pkg ASSORTED FLAVOURS • 48 -FL -OZ TIN 41841 -oz bottle 89/i Hi -C Fruit Drinks 89? L8 litre plastic jug SAVE 20? (Our Regular Price 99e ) '/01 NO Chateau, Assorted Flavours • CANNED BEVERAGES case of 24, 1041 -oz tins More Great Values from A&P! REGULAR AND WINTERFRESI1, COLGATE JANE PARKER ( Our Regular Price 4.99 ) You'll do better with BAKED GOODS from A&P! Toothpaste 5" tube 2 kr 9951 Bran Muffins pkg,(699ff CANADA um ASSORTED FLAVOURS (PLUS BTL DEPOSIT) JANE PARKER (Our Reg. Price — SAVE 200 Beverages 40:7;kb.t. 1.891 Pumpkin Pie %La-Tit:1.65 MINI PADS Stayfree JANE PARKER pkg of 48 3.29 English Muffins pkg01689? YOU'LL DO BETTER AT A&P 1111111• 1111111111111111111.1.111110 YOU'LL DO BETTER AT A&P maignmiamagemin