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- 08:12, 22 September 2026 Verlene3975 talk contribs created page Tax Planning - Why Doing It Now Is Important (Created page with "S is for SPLIT. Income splitting is a strategy that involves transferring a portion of revenue from someone which in a high tax bracket to a person who is in a lower tax bracket. It may even be possible to lessen tax on the transferred income to zero if this person, doesn't have any other taxable income. Normally, the other body's either your spouse or common-law spouse, but it can also be your children.<br><br>Whenever it is easy to transfer income to a person in a lowe...")