Please enter the total value of Non-Registered savings accounts and cash investments along with future deposits.
Value: Enter the total value that your clients have in all Non-Registered investments.
Cost Base: Enter the current cost base of all Non-Registered. It is important to include the Cost Base as the difference between the asset value and Cost Base will determine how much of future withdrawals will be taxable as a capital gain in the year withdrawn. The software will also utilize this amount when calculating the tax liability from an estate and net worth perspective.
Savings: Enter the value of any planned future savings either annually or monthly as defined in the Frequency selection.
Frequency: Select ‘Annual’ or ‘Monthly’ from the drop-down to define the frequency of future savings.
Index At Inflation: To specify whether future savings will grow with inflation, select ‘Yes’ or ‘No’ from the drop-down.
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