How much tax for 3000$ a month salary?


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ritz3645   
Member since: Sep 08
Posts: 220
Location:

Post ID: #PID Posted on: 06-10-10 15:12:32

dear Bablu,
i understand going is tough , if you want something part time, there are temp gigs posted on craigslist, just need safety shoes
if i was you i will buy cheap native cigrettes from the reserves (google blue heron casino, there is a shop near by it , and sell it in toronto , or BUY wholesale and sell garbage bags /printing paper to business,
winter is coming , showeling snow is big money ,
factory jobs are more near missasauga

please i beg you do not enter food service , as the system is pushing you against the wall,
i recomend you also give the system a tough fight,
there are lots of ways you can acheive your 600 hours to qualify for Ei



manserwadekar   
Member since: Jan 09
Posts: 407
Location: All over place

Post ID: #PID Posted on: 06-10-10 15:27:13

Quote:
Originally posted by chandresh

Quote:
Originally posted by AshwaniG

Tax Calculator
http://lsminsurance.ca/calculators/canada/income-tax/2009
Good Luck
AG



This calculator asks for taxable income to be input. How does one know what is his 'Taxable' income if he does not know how to calculate taxes? Mind you, taxable income is not same as one's total income/earnings.



Criticism is free, help I charge for :(



ritz3645   
Member since: Sep 08
Posts: 220
Location:

Post ID: #PID Posted on: 06-10-10 15:42:39

i think no one here made payment cheques,

what do i expect from, immigrants

well first go to service canada website , download the free payment software ,

Run it enter gross payment amount and duration ,

it gives back the breakup of Cpp,ei

i am trying for the link on my mobile, will post it when i get it



chandresh   
Member since: Mar 03
Posts: 2606
Location: Toronto

Post ID: #PID Posted on: 06-10-10 17:19:53

Quote:
Originally posted by manserwadekar

Criticism is free, help I charge for :(




It seems that way, exactly, from your post.

So here is my enquiry - in this calculator, does the OP put in 36,000 as his taxable salary if he is getting a gross of $3000 pm as he has estimated?

If that is so, it is not 'taxable salary' right? Or is it?

Please enlighten, or if you insist on continuing, criticize.


-----------------------------------------------------------------
Chandresh

Advice is free – lessons I charge for!!


manserwadekar   
Member since: Jan 09
Posts: 407
Location: All over place

Post ID: #PID Posted on: 06-10-10 17:31:58

Quote:
Originally posted by chandresh

Quote:
Originally posted by manserwadekar

Criticism is free, help I charge for :(




It seems that way, exactly, from your post.

So here is my enquiry - in this calculator, does the OP put in 36,000 as his taxable salary if he is getting a gross of $3000 pm as he has estimated?

If that is so, it is not 'taxable salary' right? Or is it?

Please enlighten, or if you insist on continuing, criticize.


I don't know how simple it needs to be. It is just one field to fill in and it gives the tax calculations. Now OP can put whatever figure he wants to put in there. Just put the darn figure it will make all the sense taxable non taxable etc.

Babluji kahan ho yaar....public pareshan ho rahi he..put all the details of your income so that experts here can enlight you with wisdom.



bablu12345   
Member since: Jan 08
Posts: 45
Location:

Post ID: #PID Posted on: 06-10-10 18:10:18

Thanx guys. Its really gr8 to see lot of help is available. Well, one Indian is having a restaurant and he asked me to join as a front desk helper. He said he wud give me 12$/hr. Thats it. So raise a family, one needs atleast 2k here i feel. And thats y i wanted to know how the tax is calculated here.

well, as far as this job is concern, i have to do to survive thats it.. :).

Thanks.


-----------------------------------------------------------------

Regards.


manserwadekar   
Member since: Jan 09
Posts: 407
Location: All over place

Post ID: #PID Posted on: 06-10-10 18:17:19

Quote:
Originally posted by bablu12345

Thanx guys. Its really gr8 to see lot of help is available. Well, one Indian is having a restaurant and he asked me to join as a front desk helper. He said he wud give me 12$/hr. Thats it. So raise a family, one needs atleast 2k here i feel. And thats y i wanted to know how the tax is calculated here.

well, as far as this job is concern, i have to do to survive thats it.. :).

Thanks.


no no, thank you! You gave a chance to the folks to help :D .

You know what, you are doing what is right for you and your family. The calculator gives you basic calculation. I would suggest contacting a CPA and based on your background, family size, income etc he can help in reducing the taxes (in fact he can make you get some additional income based on some govt programs). Who knows if there is an option to work as a contractor with the same rate you may get more benefits.
All the best!





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