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The Goderich Signal-Star, 1975-04-03, Page 14PAGE 114 - rODERICH SIGNAL -STAR, THURSDAY, APRIL 3, 1975 Q. May I deduct the value of Olympic Action Stamps which I purchased in 1973? A. The deductible portion is the amount paid in excess of the actual value of the stamps. This deduction must be supported by a receipt from the Post Office. Please refer to Item 36 of the filing guide provided with your income tax return. Q. I paid $1,500 in alimony to my former wife last year. Can I claim all of this -on my income tax 'return. :~There is no do 1ar4iinit-'on the amount of alimony that can be deducted. You may claim the -full amount paid in year as long as the payments are made on a periodic basis 'for the maintenance , of your ex-wife and, or :children, and are in accordance with a decree, a court order or a written agreement. .you and your wife were re•,'ciled before the end of the ye •-'�'ou would not be able to claim alimony, but you could claim instead such personal exemptions as might be allowed. +++ AP 4 .. _ 4 ■ 'ISSN M ■'■ ■ ■ ■ .J ■ ■MMMMM�M®■�■® l■f/1r1/ 111111111111111 1 .1 1MMM1•1 1 1 • P • • 1111M• 1111 1 1! 1■®■M■111 •• • A•v•M••Mme■ f• ■ IP them claim expenses? A. No. When both parents work only the mother can claim the childcare expenses. _It I the child care + + + Q. Can a 'mother hire her. older child as a baby sitter? A. The rule is that a mother cannot claim the amounts paid to a person who is under the age 21.x.,. and -related, to...her.:.or..her:.. husband by blood, marriage or adoption, or if the person is i the ea claimed -as -a -dependant. Q. I have to travel 35 miles to .get from my home to mfr place of employment.. There is no bus service. Can I claim travelling expenses • when filing my in- come tax return? A. No. The expense of travelling to, and from work is .not deductible. However; you may claim an employment expense deduction of three per centof your employment in- come, up to $150 a year. + + -+ Q.c When the father and mother both work, can either of +t+ Q. Iwas transferred to another city in 1974 and we decided to rent- our house rather than sell it..I understand I can deduct capital cost allowance from my rental income but what do I use for a capital cost figure? We lived in the house for years and, wit the improvements we mad', it's worth a lot more than e .paid for it originally. A. You are entitled to claim capital cost allowance: on the fair market value of y. , ' house when you started to r: tit: This would .not include t r e value of the land. ++ Wife Q. My wife wo ks part time in my small gro • - ry store. Can I claim wage' for her in my return? . A. If yo business is a sole ,,proprieto ship, you • cannot claim w: ges paid to your wife as ane • ense. Programs popula New u appoint The Vanastra , ecreation ,Committee is p1e . . ed to an- nounce the ap • • intment of Harold M. Whitl'dck as Aquatic Director. Mr. Whitl• k has been in- volved in swimming as a competit. , teacher, and program director for'' -ma 'y years. Harald was a Canadian Swim Cha r pion and Record Holder; a ember of. Provincial and tional Swim Teams; and a ember of Junior, Inter- mediate and Senior Canadian Water. Polo championship teams. ' • Mr. Whitlock was most recently E'eCiitive Director of the Strafford YM -YWCA, and also held . the position of Aquadic Director and was q tic director d at Vanastra responsible for the develop- ment of special programming. The committee has been very pleased with the response for the Aquadic programs. Adult programs have been in most • cases over subscribed and extra classes will have to be set up. Children's classes and the Red Cross classes still have space available and registrations are still being accepted. Every effort is being mxde`to provide excellent instructors for the Aquatic Programs and along with a heated indoor pool that allows you to swim regardless of weather con- ditions, recreational and in- structional swims should be an enjoyable experience. INCOME TAX_ SERVICE Income tax forms have become a lot - more complicated than "they used to be, Why not turn yours over to Niagara? We have /00 experts and computers.gGive us your income and expense information and we'll do up your return quickly and accurately. Just visit your • nearest Niagara Office, It's listed in the white pages.'., Tax our brains instead of your own. N.iagara NIAGARA FINANCE COMPANY LIMITED Q.- The expression, moving expenses, probably means many things to . different people. Can you be specific regarding the types of moving expenses which can be deducted from income f income tax purposes? • A. Yes, movifig exp would generally inclu cost of travelling from to a new residence,. meals and lodgin route, transpo "storage' costs. effects, and th days tempor lodging ire -- residence. e -residence. nses e the former including while en ation and - household..... C, V b TwoGoderich les represent ..,► r Bas et TIto N f • t r a �tevent0 0 o irt trio cera .:..., ..w.. .:4 56 EAST ST. GODERICH + Funeral Arrangements + Wedding Bouquets + Fresh Cut Flowers + Plants Isobel MacDonald and Muriel Stokes represented the Goderich Information ---Se"' Friendship Centre at -the Ontario Conference of Infor- mation Centres held March 13 - 16 in Toronto. The first major, government- sponsored gathering of its kind, it was organized by members of community-based information centres themselves, as a serie of practical workshops n publicity, statistics nd resource ' files, ,comm 'ty needs and volunteer r = ruit- ment and training. "The idea Was to im skills and knowled and volunteers wh; more than 6 throughout Ontar, Lola Bratty, Coordinator Centres who nership autpnomou formatio Ministr Recre Cul Min to D ove the of staff man the Centres " explained Government f Information, guides the part - between the community in - services and the of Culture and d ion. re and Recreation ter Robert Welch .at - ed the opening session and puty Minister- Malcolm owan was a guest speaker. "We believe -your voluntary services can and do provide accurate, comprehensive in- formation to the citizens of o Ontario," Mr. Rowan said. "There's a delicate •mix of "theory and action, government and 'the private sector, paid staff and volunteers in this cost of up to 15 rY board and -he-former or new +++ Q. ' hat about the cost of can. - lling a lease; advertising an v. legal costs, or realestate c r' missions. Are costs of this. ature- regarded as moving expenses? A. Yes. Each of the items you mentioned ,is 'included in moving expenses. ' We should probably mention that ex- penses for any work done ;.to improvethe property befe sale, or mortgage penalty wli en the mortgage is paid off before maturity, or any loss „incurred on a sale are not included in moving expenses. ding it receives. Sources of financia,1 support include local community funds, private enterprise, and all levels of geode nment. TV e Centres have developed th oughout Ontario over the y ars, in response to a growing errand from people in the community, who 'are looking for answers to their problems. In ,1974, 'the Ontario Gover- nment began a support program to help reinforce this vital network of people helping ,Tourist aid people in their own com- munities. A sum of $250,000 was allocated =-to subsidize the Centres, and at that time ,the Government' Coordinator was appointed to administer the program, 'which was then a responsibility of the Ministry of Community and Social Ser- vices. Since the formation of the new Ministry of Culture and Recreation, Information Centres have become a part of the new Ministry's work. Grey -Bruce reference map marks fun spots If you'd like to locate a, lighthouse or a museum, a canoe 'route or an art gallery, an old church or a fish hat- chery,, it's as quick as instant replay with. the aid of the new cultural map produced by the Grey -Bruce Arts Council. The wealth of talents and resourdes to be found in the Twin ,Counties of Grey and Bruce is graphically depicted on "the map, keyed for ready reference with a detailed index of the region's communities, attractions and facilities. ° The handy listing,spans a wide variety of ' ctegories, Conference, that's right in line including �• archaeological sites, „i—houses .. anal plaques.,. ` with" my' -Ministry's' long-range" stated objective of individual skiing and hiking trails; and community excellence." parklands and conservation Through-` ens ors�ci s�ro7e -a mist • • playing, and lively debate, commercial buildings; mills, delegates devised publicity dams and marine Wrecks. campaigns, worked • out An interesting and in - solutions to hypothetical problems and found answers to the kinds' of telephone queries' with which Centres are corm, Monty faced. The 60 Information Centres represented at the Conference handle over 3/4 million inquiries a year, :a great many of them from newcomers to the com- munity, ranging from "where can my son play hockey?" to "how do; I go about • getting Legal Aid?" • Each Centre is different from the next in, 'size, location, number of volunteers and staff, and the various kinds of fun - $taudard ,---AUTO GLASS LIMITED "THE GLASSMEN OF ONTARIO" For vinyl tops • convertible tops • car upholstery • windshields • body protective mouldings 365 aAYFIELD RD. GODERICH CALL 524-2136 Stop paying for cheques. If charges for the cheques you make are costing you a substantial sum each year, bring your Savings accounts to us. I .ere. at Victoria and Grey. any account maintained at $1,000 or more gets absolutely free chequing privileges—as many as you want. Makes sense? Makes money, too! -The all Ontario Trust Company begun in 1889 VG Member Canada Deposit Insurance Corporation VICTORIA and GREY TRUSS" COMPANY SINCE188'9 MANAGER J. D. (DAVE) CROSS '524-7381 GODERICH n. formative, tool for the promotion of tourism in Grey - Bruce, the large map - about two feet by three feet and in color - is available at $1.57 per copy (including ` sales tax, postage and handling) from: Grey -Bruce Arts Council, Box 184, Owen Sound, Ontario. - 10WN TALK Mr. and Mrs: Walter Tigert,' - after • spending the winter in Arizona. 524-2152 CALL ANYTIME - SUNDAYS 8HOLIDAYS 4 CODAN CONSTRUCTION COMMER.CIAL AND RESIDENTIAL CONSTRUCTION AND RENOVATIONS CUSTOM BUILT HOMES FOR FREE4,ESTIMATES CALL: P.O. BOX 818- TELEPHONE 482-7640 or 4824504 CLINTON, ONTARIO Over 350 Monuments on Sale WITH A VARIETY OF COLORS. STYLES AND SHAPES TO CHOOSE FROM ---- MANY NEW THIS YEAR. Purchase now and save 5 percent on spring delivery. Whether It's a • MONUMENT • MARKER • INSCRIPTION - You are remembering a loved one. LET T. PRYDE & SON LTD. HELP YQU DECIDE ,ON YOUR MEMORIAL REQUIREMENTS IN GODERICH • Don Denomme VISIT 66 Hamilton St. Bus. 524-8761 Res. 524-6621 DO YOU NEED A WATER WELL'!!! . o u N-11 EtL-Bill. _ OFFERS YOU-, = 73 years of successful -water development - The most modern, fast equipment available - Highly trained personnel - Fast service and free estimates - Guaranteed wells at lowest cost FIRE AND ALL OTHER, LINES PUT EXPERIENCE TO WORK FO - ;QUI DAVIDSON WELL DRt'.LING LIMITED "ONTARIO'S FINEST WATER WELLS SINCE 1900" WRITE BOX 486,, WINGHAM' - OR PHONE 367-1960 M its our ess k help you finance it We know operating a dairy farm takes a lot more than just hard work. It also takes 4 cold hard cash. And that's where we come in. We're the Commerce and it's our business to know the financial needs ofa dairy farmer. We can help by custom tailoring a flexible package of short term credit to ' cover monthly and "seasonal operations and the longer range financing of items such as new buildings, dairy equipment or addi- ..w 41) ii tional cows. Or any kind of improvement you want to make to your dairy farm. • Drop in and talk it over with your local Commerce manager. He can design a *hole credit package specifically for your dairy farm. And if you like he can even arrange for low-cost farm credit life insurance. Do it today. Because if your business is dairy farming, it's our business to help you finance it. CANADIAN IMPERIAL BANK OF COMMERCE h}` • • P. 1