Taxable Income In Canada
Question: Tax Bracket!! Income after tax?
If you make $15/hour and you work 40hrs/week and there are 52 weeks in a year, you will make $31 200 in one year. How much will you make after taxes?? In New Brunswick, Canada
A website in Canada says that the rate for New Brunswick is
9.65% on the first $35,707 of Taxable Income, +
14.5% on the next $35,708, +
16% on the next $44,690, +
17% on the amount over $116,105I just dont know how to do math very well.
Answer: The tax is 9.65% on the FIRST $35,707 of TAXABLE income (not “salary”). $31,200 is less than that, so you take 9.65% of $31.200 = $2,964.
Of course, that’s before exemptions and deductions, so it will probably be less.
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Taxable Income Ontario
Question: ontario health premium – Form ON428, Line69?
hi, I have 2 questions need someone to help:
I live in Ontario, and my Taxable Income was $26,000 in 2010
(1) I have the medical benefit from my company, can I put $0 amount in line 69 (Form ON428)-Ontario worksheet. Or I still have to calculate the Premium according the amount of my taxable income from line 31, which on the same Form?(2) Can I claim the rent yoyo for the year 2010
Please give me some shed of light on the above two issue.
sorry, the 2nd question should be:
Can I claim the rent (total rent ) for the year 2010.Answer: If you earned more than $20000.00 then you must complete form ON428
If you live in Ontairo, your rent amount can get you a provincial tax credit.
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Tax Refund For Visitors To Canada
Question: GST/HST refund for visitors in Canada?
GST/HST refund for visitors in Canada?
I am visitor in Canada, I need to shop from here like mac book, ipod’s etc but someone said that you can refund the tax from here.
I am from Asia, So any one here to help me out and let me know the complete way to get Tax RefundThanks
Answer: The GST/HST refund for visitors to Canada was cancelled effective April 1, 2007.
There is still a refund available if you are a self employed non-resident and if the items purchased will be for commercial use outside of Canada.
Also, if you have your purchases shipped directly to your address outside of Canada rather than removing them yourself then no GST/HST should be charged.