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PAGE 8 â€" WATERLOO CHRONICLE, WEDNESDAY, APRIL 20. 1983 Waterloo Regional Police report the folâ€" lowing break and enters for the week April 11â€"17. Marshall St. entry via window, nothing This week I thought I‘d fill the column with some odds and ends that. for want of space, were omitted from earlier columns. Also, I want to correct a few errors that crept in. e Failure to file a tax return can be an expensive omission. If you fail to file a T1 income tax return when required you are liable to a penalty of 5% of the tax unpaid at the time the return was due plus 1% of the unpaid tax times the number of months the return is not filed to a maximum of 12%. In addition, you may be convicted of an offense and fined $25 or more for each day of deâ€" fault. On top of these penalties for failure to file, late or deficient tax payments are subject to interest at rates based on certain government treasury bills. Penalties become much stiffer when wilful tax evasion is involved. e Certain amounts received by an employee as a retiring allowance (e.g. payment in recognition of long service with the company) may be transferred to an RRSP taxâ€"free. The amount transferable is limited to $2,000 times the number of years employed by the company plus $1,500 times the number of those years in which no company contribuâ€" tions to a registered pension plan or deferred profit sharing plan vested in the employee. 653â€"2835 742â€"6951 or 742â€"6581 33 Main St. (Gait) * Cambridge, Ontario. 3 Charles St. West at Queen, Open daily 10â€"6 Kitchener, Ontario Thurs. & Fri. 10â€"9 Since â€" its introduction last fall, the Mission model 70 speaker has taken the stereo world by storm. Inâ€" corporating Mission‘s new specially designed highâ€" performance drive units, Break and enters MISSION SOUND STANDâ€"OUTS ARE SALEâ€"PRICED AT WESSELING‘S taken. Albert St. entry via front door, grocerâ€" ies, clothing and clock radio taken. Cedarvale Cres., entry via bedâ€" room window, cash, jewelry and rifle taken. closed on BOB COPLAND Your money the 70 is capable of lower bass, cleaner vocals, and smoother highs than any speaker in its price range. Your favourite music will come alive when expeâ€" rienced through this uve Reg. $125 Margaret Ave. entry via front door, purse taken. Churchill Dr. entry via front door; nothing taken. Theft of cash and jewelry from a home on Tatlock Court. e Revenue Canada has withdrawn the requirement that Form T2219 be automaticalâ€" ly filed by taxpayers claiming interest expense in excess of $400 in 1982. However, it might be required for future taxation years. e Some investors are deterred from buying mutual funds because of frontâ€"end charges which range up to 9%. This might be a mistake. Some of the top performing equity funds have shown average annual compound rates of return of 20% over the last 10 years and 30% over the last 5, even after taking all charges into account. e The February 23 column contained a Table of annuity payments based on a 9% interest rate. This rate was used only for illustrative purposes and was not intended to suggest that it represented the current rate offered by life insurance or trust companies. e The March 16 column stated that "chariâ€" table donations in excess of 20% of net income may not be carried forward for future deductions for five years rather than one". "Not" should have read "now"‘. Bob Copland is a chartered accountant and personal financial planning consultant with Executive Compensation Consultants, Kitchâ€" ener. mighty performer. At $99 each, the Mission model 70 speaker won‘t last long. So hurry, and save $50 a pair while you can. With spring here there has already been numerous bicycle thefts. Be sure your bicycles are engraved for identification and keep track of where they are left. o °2 e 2 offer in effect ‘til April 31/83 Not valid with any other coupon offer. SHOCK ABSORBERS BUY 3 GET 1 FREE WAERtO9 Lifetime Guarantee call for your appointment 884â€"7100