CANADAVISA.com Immigration Forum
February 14, 2012, 02:47:38 pm
   Home   Assessment Help Search Login Register RSS  
*
Welcome, Guest. Please login or register.
Did you miss your activation email?

 News
 
Canada Immigration Forum > Immigration Topics > Provincial Nomination Program Immigration > Topic: Taxes in Canada???????
Pages: 1 2 [3]   Go Down
« previous next »
  Print  
Author Topic: Taxes in Canada???????  (Read 7391 times)
cchabert
Champion Member
******

Posts: 1251
Ratings: +38
Category........: AINP
Visa Office......: Start in Buffalo transfer to New York
NOC Code......: 1111
Pre-Assessed..: Yes
App. Filed.......: 10-10-2008
Nomination.....: 08-01-2009
AOR Received.: 06-06-2009
File Transfer...: 21-07-2009
Med's Request: 06-06-2009
Med's Done....: 22-06-2009
Passport Req..: 15-10-2009
VISA ISSUED...: 27-10-2009
LANDED..........: 07/01/2010
« Reply #30 on: March 27, 2009, 03:57:02 pm »
Quote from: chow on March 27, 2009, 02:59:13 pm
Quote from: Leon on March 27, 2009, 01:27:28 pm
Yeah, get married and have kids.  That's how you work around Smiley

I will have 3 kids if I don't have to pay any taxes............

I already have 2 need one more..LOL!
Logged
"Not all those who wander are lost"- JRR Tolkien
chow
Hero Member
*****

Posts: 298
Ratings: +1
« Reply #31 on: March 27, 2009, 05:06:59 pm »
Quote from: Leon on March 27, 2009, 03:54:09 pm
In most case the kids cost you more than the taxes which is the reason for the tax discount in the first place Smiley

In Europe for first kid the gov pay some, for second kid they double and for third kid around 4 times to the first kid. Is there any thing like that.
If that is the case I may have atleast a dozen kids and I will stop working and take care of them and make sure they will be good Canadian citizens(1 scientist, 1 politician, 1 actor, 1 actress, 1 business man, and 1 social worker......LOL............

I wanted to be one in above categories..but not lucky and no fate..atleast my kids
Logged
Leon
VIP Member
*******

Posts: 12869
Ratings: +530
« Reply #32 on: March 27, 2009, 06:14:02 pm »
Yeah, or it's also possible that your dozen kids would have a dozen kids each and all live on child benefits Wink

Actually, it's not really like that in Canada.  You don't get too much extra money for having kids.  You just pay a bit less in taxes.  You still have to make the money to pay (or not pay) taxes off.  I think the European system is nicer.  The single people can afford to pay a bit more in taxes, they still have a lot left over.  The people with kids need it more.
Logged
PR=Permanent resident - TFW=temporary foreign worker
FSW=federal skilled worker - QSW=Quebec skilled worker
AEO=arranged employment offer - LMO=labour market opinion
CEC=Canadian experience class - PNP=provincial nominee program
ingegarcia
Hero Member
*****

Posts: 531
Ratings: +10
« Reply #33 on: April 01, 2009, 01:25:57 pm »
I've seen many jobs in Alberta and other places in Canada where the companies offer salary + cost of living allowance (COLA) which is around 12K per year... Do you happen to know if COLA is taxable? is it paid per year, monthly, etc...

Thanks
Logged
Albertagoverner
Hero Member
*****

Posts: 617
Ratings: +1
« Reply #34 on: April 01, 2009, 01:39:15 pm »
Quote from: ingegarcia on April 01, 2009, 01:25:57 pm
I've seen many jobs in Alberta and other places in Canada where the companies offer salary + cost of living allowance (COLA) which is around 12K per year... Do you happen to know if COLA is taxable? is it paid per year, monthly, etc...

Thanks

Even it is taxable it is great because once you have government to give you rights, healthcare and security.
Logged
Legal Decisions always has its own process. The enforceability, Circumstances and Eligibility. Let it process without any hindrance. Peace!
Leon
VIP Member
*******

Posts: 12869
Ratings: +530
« Reply #35 on: April 01, 2009, 01:41:32 pm »
I think you'd have to ask the employer.  I looked on the CRA website and couldn't find anything on it.  I would assume it's taxable though as it's a part of your salary.
Logged
PR=Permanent resident - TFW=temporary foreign worker
FSW=federal skilled worker - QSW=Quebec skilled worker
AEO=arranged employment offer - LMO=labour market opinion
CEC=Canadian experience class - PNP=provincial nominee program
ingegarcia
Hero Member
*****

Posts: 531
Ratings: +10
« Reply #36 on: April 01, 2009, 02:13:31 pm »
Thank you guys for your reply!
Logged
gauravbt
Star Member
****

Posts: 123
Ratings: +3
Category........: FSW1
Visa Office......: Buffalo,NY
NOC Code......: 0213
Pre-Assessed..: Yes
App. Filed.......: Dec 19,2009
Doc's Request.: Feb 12,2010
AOR Received.: Oct 20,2010
IELTS Request: Feb 12,2010
File Transfer...: Feb 18,2010
Med's Request: Dec 08,2011
« Reply #37 on: May 25, 2010, 09:39:59 am »
  • Looking at the tax structure in Canada,it doesnt seem to be a major difference from USA.Although it surely is different from countries like India,where you can save taxes by investing in variety of things,but people from USA wont find it difficult to settle here as far as taxes and facilities are concerned.
    The Gas prices seems much higher in Canada than in US.
    The wages in canada seems to be 20% less than what we get in US.
My above assumptions are based on the posts in various forums.If anybody else can commend
Logged
Where there is a WILL,there is a WAY
charninder
Hero Member
*****

Posts: 648
Ratings: +37
« Reply #38 on: June 08, 2010, 06:18:58 am »
Quote from: Leon on March 27, 2009, 06:14:02 pm
Yeah, or it's also possible that your dozen kids would have a dozen kids each and all live on child benefits Wink

Actually, it's not really like that in Canada.  You don't get too much extra money for having kids.  You just pay a bit less in taxes.  You still have to make the money to pay (or not pay) taxes off.  I think the European system is nicer.  The single people can afford to pay a bit more in taxes, they still have a lot left over.  The people with kids need it more.

Hi,

What is the criteria / conditions for getting state grants for kids?

Plz share.

Thanks.
Logged
Pages: 1 2 [3]   Go Up
  Print  
Canada Immigration Forum > Immigration Topics > Provincial Nomination Program Immigration > Topic: Taxes in Canada???????
 « previous next »
 
Jump to:  

Powered by SMF 1.1.10 | SMF © 2006-2009, Simple Machines LLC