@canadiantaxenthusiast: Some facts about the TFSA: Follow @Corporate Tax Accelerator if you are a bookkeeper or an accountant. - Contributions are not tax-deductible (unlike RRSPs). - Investment income (interest, dividends, capital gains) grows tax-free inside the TFSA. - Withdrawals are completely tax-free and can be made at any time for any purpose. - Withdrawal amounts are added back to your contribution room the following year. - 2025 annual contribution limit is $7,500, with lifetime cumulative limit (if eligible since 2009) of $102,500. #Canadiantax #tax #taxtok #canada #taxstrategy

Canadian Tax Enthusiast

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Region: CA

Wednesday 24 September 2025 21:32:11 GMT

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Comments

Denis Bernier525 :

TFSA applicable for a corporation ?

2025-09-24 22:20:05

. :

Wait.. you don’t get taxed if you pull it out of your TSFA?

2025-09-28 00:07:27

Groovy06 :

Please, who makes $2k from a $5k investment? 😂😂

2025-11-19 00:46:39

Clarkss :

what kind of investments?

2025-09-25 02:19:49

J :

Sam can you avoid taxes on day trading?

2025-09-26 02:24:54

booobabooo1 :

how about i use business account self employed? is that same?

2025-09-28 05:07:49

Divo Divo447 :

Anything set up by government is to their advantage.

2025-10-02 18:53:18

philpain656 :

TFSA will not last long enough to save good amount of money

2025-09-24 22:17:16

Wheels :

😁😁😁

2025-10-10 15:24:50

WisdomKeeper369 🇨🇦 :

🔥🔥🔥

2025-09-29 02:21:11

elvisahmed :

👍👍👍

2025-09-24 21:45:41

louisliu27 :

😂😂😂

2025-10-12 00:04:09

Wai Yan Soe :

Now I believe what people say about Eddie Moon is true. You are indeed a man of honour. Thanks for your kindness sir @Eddie Moon

2025-09-26 00:21:16

Soph :

Put in the grind, hit 200K+, but wealth isn't just numbers. It's passing down the mindset so the next generation knows how to build and sustain it. @Katrina || SAHM of 5️⃣ 🌸

2026-11-04 00:12:00

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