Many credit cards charge an extortionate rate of interest, and most only require that you pay a small percentage of the outstanding balance each month (typically 2, or 2.25%). Using this calculator you can see just how long it takes to pay back money to a credit card company if you only pay the minimum.
Your âDuty Free Customs Allowanceâ is just the beginning! Hereâs the thing that savvy crossers know - Canadian and U.S. residents can shop as much as they like when they cross the border. âDuty Freeâ refers to the fact that there are set amounts regarding what can be brought across free of taxes and duties. The portion that is tax and duty free is called a customs allowance.
Everyone is entitled to a personal exemption from income tax, and an exemption for anyone they claim as a dependent (spouse, children, aged parent). For 2012, the exemption per individual is $3,800, raised to $3,900 for 2013. For example, a family of four could earn $15,200 tax-free or $15,600 in 2013.veryone is entitled to a personal exemption from income tax, and an exemption for anyone they claim as a dependent (spouse, children, aged parent). For 2012, the exemption per individual is $3,800, raised to $3,900 for 2013. For example, a family of four could earn $15,200 tax-free or $15,600 in 2013.