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Calanna

Newbie
Jul 1, 2015
3
0
Hi there. I am moving to Toronto and was offered a salary of $180K per year; paid semi-monthly. I've checked a few salary calculators to better understand my take home salary after taxes would be but I haven't found one that really works. My company says that my salary after taxes should be between $9,300 to $10,000 depending on benefits etc.

If there's anyone that makes or knows someone that makes around that amount, could you give me an approx of what I should expect or if the range above is accurate? Toronto is a pretty expensive city and I don't want to get stuck with a lot of expensive if I didn't do my research properly.

Thanks!
 
If you do not have to contribute for your benefits and you do not contribute to a pension plan you will receive $9,064 after taxes per month

Below is the best salary calculator to use. It is the one that all ontario canada employers must use (from Canada Revenue Agency)

https://apps.cra-arc.gc.ca/ebci/rhpd/handleEntryPoint.do

Toronto isn't cheap but it's not that expensive compared to other places like B.C.