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- 06:53, 1 November 2026 AdellHowes300 talk contribs created page Car Tax - Do I Need To Avoid Repaying (Created page with "<br>S is for SPLIT. Income splitting is a strategy that involves transferring a portion of income from someone which in a high tax bracket to a person who is in the lower tax group. It may even be possible to lessen tax on the transferred income to zero if this person, doesn't get other taxable income. Normally, the other individual is either your spouse or common-law spouse, but it could even be your children. Whenever it is possible to transfer income to someone in a l...")