CANADAVISA.com Immigration Forum
November 21, 2009, 07:08:20 am
   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 3801 times)
cchabert
Hero Member
*****
Gender: Male
Posts: 992
« Reply #30 on: March 27, 2009, 04:57:02 pm »
Quote from: chow on March 27, 2009, 03:59:13 pm
Quote from: Leon on March 27, 2009, 02:27:28 pm
Yeah, get married and have kids.  That's how you work around :)

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
« Reply #31 on: March 27, 2009, 06:06:59 pm »
Quote from: Leon on March 27, 2009, 04:54:09 pm
In most case the kids cost you more than the taxes which is the reason for the tax discount in the first place :)

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
« Last Edit: March 27, 2009, 06:10:58 pm by chow » Logged
Leon
VIP Member
*******
Gender: Male
Posts: 5970
« Reply #32 on: March 27, 2009, 07:14:02 pm »
Yeah, or it's also possible that your dozen kids would have a dozen kids each and all live on child benefits ;)

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
*****
Gender: Male
Posts: 485
« Reply #33 on: April 01, 2009, 02:25:57 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
*****
Gender: Male
Posts: 617
« Reply #34 on: April 01, 2009, 02:39:15 pm »
Quote from: ingegarcia on April 01, 2009, 02:25:57 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
*******
Gender: Male
Posts: 5970
« Reply #35 on: April 01, 2009, 02:41:32 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
*****
Gender: Male
Posts: 485
« Reply #36 on: April 01, 2009, 03:13:31 pm »
Thank you guys for your reply!
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 1.1.1 | SMF © 2006, Simple Machines LLC