Posted by: copycat March 3, 2009
Login in to Rate this Post:
0 
? 
?
So, if you earn 50,000 in Alberta, you pay
15% on the first $38,832 = A plus
22% on the (50000-$38,832) = B plus
10% of taxable income = C
total = A+B+C = 5824.8+2456.96+5000=13281.76 this is what you pay.
If you are in Ontario, then you pay
15% on the first $38,832 = A plus
22% on the (50000-$38,832) = B plus
6.05% on the first $36,848 = C
9.15% on the (50000-36,850) = D
Total = A+B+C+D = 5824.8+2456.96+2229.43+1203.23 = 11714.42
In New Brunswick , it will be 5824.8+2456.96+3613.55+2212.40 = 14107.79
15% on the first $38,832 = A plus
22% on the (50000-$38,832) = B plus
10% of taxable income = C
total = A+B+C = 5824.8+2456.96+5000=13281.76 this is what you pay.
If you are in Ontario, then you pay
15% on the first $38,832 = A plus
22% on the (50000-$38,832) = B plus
6.05% on the first $36,848 = C
9.15% on the (50000-36,850) = D
Total = A+B+C+D = 5824.8+2456.96+2229.43+1203.23 = 11714.42
In New Brunswick , it will be 5824.8+2456.96+3613.55+2212.40 = 14107.79