Non-Registered Investments

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 investments. It is important to include the Cost Base, 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asset value and Cost Base will determine how much of future withdrawals will be taxable as a capital gain in the year withdrawn.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.

*In some cases, it is possible that clients could have periodic or fluctuating savings. In this situation, it is recommended you enter savings through the Non-Registered Drill-Down .

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.

Compound After-Tax: Select Yes to indicate that the taxes payable on the growth are being paid from the growth rather than the clients cash flow. This option results in a tax withdrawal which is subtracted from the growth before the growth is added to the account balance. Selecting No indicates that the taxes are paid from the couples cash flow. When No is selected the entire growth will be added to the account balance each year.

*Please note: Growth within the Non-Registered investments will be taxed based on the Tax Efficiency settings.