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The Brussels Post, 1974-03-13, Page 8HEALTH CLINIC - "Now it's not going to hurt", Public Health Nurse Elizabeth Belling seems to be telling Jeannie Magee, 2, as she gets a shot at the Child Health Clinic in Brussels on Tuesday. Jeannie's mom, Mrs. Bradley Magee, Brussels, holds her daughter on her knee. TAX. T ips COLUMN For further information, call the District Taxation Office. If you live in a toll area, ask your long-distance operator for ZENITH 0-4000 and your call will be placed without charage. CROP PRODUCTS DAY t p.m. --- MARCH 25 BELGRAVE WI HALL Topics: FARM FERTILIZATION and WEED CON- TROL, ACID PRESERVATION for HAY- LAGE, SILAGE and GRAINS. Sponsored by United Co-operatives of Ontario BELGRAVE BRANCH BUSINESS as USUAL for irifOrM cation PHONE 527-0629. FAMILY PARADISE' Sunday. Mr. and Mrs. Arthur Weller, Robert and Bonnie. of Toronto,t and Mr. and Mrs. Robert Thornton, Dianne, Steven and Twyla Dawn of Dublin spent the weekend at the home of Mr. and Mrs. George Thornton. Miss Twyla Dawn Thornton returned home Sunday after holidaying for week with her grandparents Mr. and Mrs. George Thornton. Mrs. Garry Orth of Molesworth was visiting friends in Brussels on Monday. Visitors at the home of Mr. and Mrs, Murray Huether and Joan on Sunday in honour of Mr. Jas McDonald's eighty-first birthday were Mr. and Mrs. Jas. McDonald, Mr. Ken McDonald, Mr. and Mrs. Alvin McDonald, Mr, and Mrs. Don McDonald and Jim of Walton; Mr. and Mrs. Russ Krauter of Atwood; Mr. and 0,00 AT THE tAt•S 04 NEW 01. AMERICAN HOTEL BRUSSELS, ONT. ***************** Fri. -- Sat. The Howard Smith Orchestra Mrs. Paul Krauter of Listow.e Mrs. Jean. Little and Jessie 0 Brussels; and • Mrs. Mari Errington of Goderich. ounummumunamth PARTY CARD IOOF HALL Thurs., Mar. 11 8:30 p.m. Admission: 75c Lunch Served Everyone Welco Sponsored by Western Star Lodge The rticil isle) me I ons f 1 dials Dou, sists tin Pr The erno4 a inst me o e en ussel clods , At t e sot ertim( th H raker serve thei nsider the Ile w ********************* Entertainment at The Queen's Hotel BrusseN FRIDAY and SATURDAY NIGHTS "THE MAITLAND TRIO" From Goderich Sunday Matinee Tex Noble MEETING TO NAME LIBERAL DELEGATES A joint meeting of the Huron Provincial Liberal Assoc. and the Huron Federal Liberal Assoc. will be held at: DOMINION HOTEL ZURICH WED. NIAR.20th 8:30 am For the purpose of electing delegates and alternates to the annual Meeting of the Liberal Party in Ontario to be held at Sudbury April 26, 27 and 28. All members in good standing are eligible to participate in the election. THE PUBLIC IS INVITED TO ATTEND ORATORICAL CONTEST BRUSSELS PUBLIC SCHOOL AUDITORIUM FRIDAY, MARCH 15 -• 8 pm Ass oratorical 0004(304 Open to all (boys) and (girls) who, have not reached the age of id is being conducted by the OFTPLI , CLUB of UtttwoltA. Tic opfileg wilt be awarded to brit lsee, And runner-up winners (in each division). In addition, the litof place winnerS ot the Contest Will be eligible V* the=OetitiOn *ith a atop ptize of a $06.00 SchObitship. The °facial' oratorical[ contest subject is "I'm jig* One." co. tegtanta must speak on the Wittig iii‘jeet flor not keSs 010, tout ininutek not more Ann five InihnteS. Sealing hi biol . on personal matekinigi deganizationi (letivery 01, pretientatoll, and overall effeetiveneSS. Evelvotoetil:temoboitontei4Atto, rti'ree-eassiAchnilsiint 9:00 10:15 11:45 100 2:a0 3:45 • 5tI 5 6:30 ADMiS BUT . ADU STU. CHIL People we Most petsonal-use property will not increase in value and will not, therefore,• give rise to a capita gain When Sold. On the other hand, capital losseS will net be. allowed Should they arise from the sale or disposal of personal use property, It.6,41HE BiktsSELS IPOSTi MARCH 13, 1914 Q. What happens if I sell my home at a price greater than it cost me? Am I going to be taxed on any profit or gain that I make? A. No. If a taxpayer uses his home only as his principal residence, that home together with up to an acre of surrounding land, if the land contributes to the use and enjoyment of the home, will be exempt from capital gains taxi Q. What do you mean by the term principal residence? A. A principal residence will generally be considered as any type of structure owned by the taxpayer and ordinarily inhabited by him. Q. What if I own a summer cottage? Could the cottage be considered my principal resid- ence since I spend a considerable period of time there each year? A. Yes, provided you have lived in the cottage at some time during the year. Where a taxpayer has more than one home, he must declare which of them is his principal residence. Q. Along with a home, nearly everyone owns personal and household effects, an autorhobile, a boat, or many other similar items. Where would I stand if I sold or disposed of this type of property? Would I be subject to the capital gains tat? A, The term used to describe the items you refer to is Personal-use ,Property. Where a personal-use ' item does increase in value over time and is Worth more than $1,000, such as a summer cottage tot example, a capital gain trent the Sale of that itein .would be Subject to tax. Mr. David Huether, Pernbrolte,Ontario has spent a few days at, his home here last week. This is the winter br eak week for the Pembroke schools. Jack Rann and his two. daughters, Jacqueline and Debbie of London, were visitors with their uncle and aunt, Mr. and Mrs. D.A.Rann. Mr. and Mrs. Graham Lamont and Susan of Toronto spent the weekend with Mr. and Mrs. Leonard 'Lamont. Mr. and Mrs. C. Habermehl and Mrs. Westmore of Hespeler were visitors with Mrs. G, Chidlow last week. Mrs. Ada Brittain, who was a patient in Wingham and District Hospital, returned home on OBI TUAR EMMA JANE CUDMORE On Wednesday, March 6, 1974, Emma Jane Cudmore of Clinton, wife of the late John Cudmore, died at Huronview, Clinton. She is survived by her, children: Mrs. Sidney (Thelma) Brown of Willowdale, Mrs. Doug. (Marion) Ward of Clinton, Earl of Brussels, Harry of Holmesville and Charles of Burlington. Also surviving are one sister Mrs. Albert Knox of Provost, Alberta, two brothers, William Bromley of Blyth and John Bromley of Huronview, nine grandchildren and sixteen great- grandchildren. Funeral service was held from the Ball Funeral Home., Clinton on Fritl.ay, March 8 at 2:00 p.m. Interment followed in Clinton Cemetery. **********• St. Patrick's DANCO BRUSSELS LEGION HALL Sat., March 16 Music by Ian Wilbee Orch. **********• know Q. I understand there are special rules regarding the acquisition and sale of certain works of art. Could you explain these rules briefly? A. Yes. Works of art such a.; prints, etchings, drawings, paint- ings and sculpture, jewellery, rare folios, manuscripts and books, stamps and coins are referred to as listed. personal property. Gains on the disposition of these assets when sold for more than $1,000 are subject to !he capital gains provision. Losses are only deductible from gains from this type of property.