The Review provides this community calendar free of change, giving preference to Saanich Peninsula clubs, organizations and individuals holding events in our readership area. Publication ts not guaran- teed. Flease submit written information before.5 p.m. Friday for inclusion in the following Wednes- day's paper. Calendar items should be mailed, dropped off at eur office (9726 First St.; Sidney, V8L 385) or faxed to 656-5526. Arts & Craf The Sidney and North Saanich Community Arts Council is looking for artists interested in participating in Studio Tour ‘98, set for June 13 and 14. Please call 656-7400 for more information. Spinners meet every Wednesday at 7:30 p.m. for an evening of spinning. Anyone welcome. Phone 656-4201 for details. - Wednesday knitting workouts at Patricia’s s Yarn Cabin. First Wednesday of every mont Call 656-4841 for details. “ Business ‘The Sa Saanich Peninsula Home-Based Bust 11:30 a.m., and every third Monday of the month (7 to 8:30 p.m.) at the Iroquois Park chub- house, 2295 Ocean Ave. Share ideas and sup: The. advantages” of- registered plans ‘Hike . dition to being able to deduct the contributions » fesre as long asi stays inthe plan: ; » The intention: As. to are the. pes ~ for those with a pension, particu: ~~ Jarly an indexed pension, one’s tax’: } -rate does not necessarily « decline © § ~” after retirement. This can be fur- . -.s ther complicated by the fact that certain minimum payments must be made from your RRIF once “you reach 69, Your tax situation may be complicated even further if. _ your spouse passes away: }: and: suddenly his or her +; 3 - RRIF i income is now being. 5 - addition to the ongoing tax as income. ~ There area couple of ways to mitigate | this tax withdraw funds from your registered plans i ina tax friendly way. What is meant by this is ensuring that your in- come as monitored in such a way that yon¢ mo not 102-9845 Resthaven Drive CONTEMPORARY — WORKS a SEAS ma by 50 & 31, FREE ADMISSION: Le bbenthdahensqemednrhdtvebonnnpsecnmedenel t port, meet dynamic people and network. Guest - ness Association meets Thursdays from 10 to‘ : Options aplenty when plannir ~ RRSP’s and RRIF’s are well documented: In'ad-.. _ as they are made, the income remains tax de-- liability on the income, upon the death of the sec- _ond spouse a “deemed disposition” occurs, The . “ balance of any funds i in an RRSP/ RRIF i is taxed lability Firstly, it may be possible to minimize -your income from other sources so that you can : NESBITT BURNS Marmtrer of the Bait of Montaat Group of Companies Stine, 0, V VOL IED | ‘Feature exhibit “Ichthyic Impressions" " Metehosin Community Hail, 4401 William Head Rd., Victoria cmmunemerandenummanbenehesininaneeds i eae ren tem pn emery area eraeeraa sarap a ararats + speakers, refreshments. Sponsored by ihe Saanich Peninsula Chamber of Commerce. Call 656-7166 for info. Next evening meeting is Mon- day, May 18, with guest speaker Dr. Mark Rob-. - son: Feeling Good —- Love what you do. _Are you under employed? Looking for a new direction or career change? Camosun College’s Basic Employment Skills Training (BEST) and Employment Orientation for Women (EOW) ca- reer exploration programs could be your first step. These provincially-accredited eight-week programs begin in May, and you may qualify for . sponsorship. For more info., call oem at 370-4932. . | Clubs The Sidney Anglers Association meets at 7:30 ~. p.m. the fourth Monday of every month (except July and August), at the Mills Road Legion. SAA features guest speakers, draw- prizes, derbies and a monthly ladder board and local fishing ‘info. For more info:, call 652 5559. : Are you new to the Saanich Peninsula within the past two years? If so, join the Peninsula New-__ comers Club for friendship, fun, fellowship and ladies’ monthly luncheons. For more informa-. .: _ tion, call Sue at 656-6819 or Parsline at 652-0024. CONTINUED ON PAGE 28 ng finances | slip. over an 1 income threshold that bumps you into a higher tax bracket. Iti is always preferable :. : to bejust under notjust over an income level ee o . triggers a higher tax rate. Asecond method may be to use an insurance ~ chased for roughly the amount of icy immediately and without gO-. ing through probate. The downside to this strategy is and the fact that.a medical ws required. . if charity i is in your ‘plans : | there is another strategy ; which could minimize the ; taxation, Rather than wait, if Hoacinactss substantial charitable pifts tial tax deductions are available. Obviously which strategy, ‘ifany, you adopt de- | pends on your personal situation. As always it is important to discuss these options with your fam- ily and to do your homework, Often these types of strategies involve the coordinated use sa several financial professionals, The first step is to clarify in your own mind one which direction you want to head. Only then is - a possible to plan el it, : Batph Sommarteld, F.C.S.1, Senior Investment Advisor : “Tel, C280) 685-2320 | 14th annual. exhibition and ‘Osale of works by fourteen of - British Columbia's’ . ‘ine est ceramic artists. 10 alum. i! 5 p.m. FOR INFO. 474-2676 © yoyn am re nr se Uo saan neem ars a ne eee Reon rar t} ah Peninsula, ° effect an insurance policy i is pur. ae — the potential tax liability: Essen- : “tially the tax is still paid but} your - named beneficiaries receive the " proceeds from the insurance pok. ~ the cost of the insurance - [eee | are made during your lifetime, equally substan- . PENINSULA NEWS REVIEW 2@ SAANICH PENINSULA CHAMBER OF COMMERCE!) 9768 - Third St., Sidney B.C. V8L3S3_ | Ph: 656-3616 Fax: 656-7111 | MEMBER PROFILE | bye aaah n Leddy, Leddy Communications The welcome. mat is out at the Best Value Motel, in downtown -| Brentwood Bay. From its central location. Best. Value is only minutes from every entertainment -and attraction on the Peninsula: Butchart. ©. Gardens, Butterfly Gardens, . fishing charters, golf courses, trail riding; and sandy beaches. And getting around is easy; a city bus stops at the door; - the Airporter bus will pick up and drop off, by request. Jake and Hilda Giesbrecht, and son 1 Daryl, ‘owners of the family-run business, have renovated the interior and continue to improve the accommodations. Their guests enjoy the cheer and’ j comfort of home (kitchenettes i in most rooms), at Teasonable Tates (children under six stay free. : in parent’s room). The coffee pot is always on. Located over the Brentwood Shopping Centre, the motel couldn’t be closer to shops and restaurants! : Check into the Best Value. Motel for'a a warm. welcome a a pleasant stay on te Setich ‘Best Value ? ag Verdier nes : \ flotel _ 652- 1551 wee The tinieles : please oft tea e oa pe taken in the afternoon ~ “= : Soin us for a visit, 7 the tea table is ays set. Vancouver island's only | Rose Grower ibs . - Brentwood: Bay : 652-5812 — ae Bufehant ae aus A Ask for Eurosa Roses at. 652-4422 Gardens - 652-8222 Sa any. 9 quality florist : ; KEATING COLLISION ‘Bee _ SPECIALTIES LTD. a MO T EOL, Located in the heart of : Brentwood Bay _ Starting at °49,% a 2 double beds oe | 1211 Verdier Ave., 652-1551 652-9833. fos 258-6809 Kirkpatrick Cres., Seanichton| i Chetr Downey's The € Convenience Stores Service of the Metal Industry™ al - Complete automotive repair an ~ All repairs guaranteed } Metal x _+ Designated inspect facility ' - Lifetime warranteed mutilers & | # Sup ermariets® custom exhaust —. Islands Best Selection! 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