Title | : | Taxes in Canada 2021, How high are taxes in Canada | How to save some Tax Money in Canada. |
Lasting | : | 13.49 |
Date of publication | : | |
Views | : | 99 rb |
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Meanwhile Sonu Monu be like…’Kaunse $80,000’ 😅😅 Comment from : Gursahib Singh - Canada |
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Sir kya online earning ka b tex daina parta ha For exampl I earn from amazon seller acount on canadian boy Does he pay taxbrPlz inform me sir Comment from : kamran shehzad |
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Sir in Quebec the tax rate is much higher than any other province! br14 till $49275br19 from $49275 to $98540br24 from $98540 to $119910brand 2575 from $119910 onwardsbrbrConsidering the $80000 annual incomebrthe tax is coming almost to $25644 (you can calculate and verify) which is roughly one-third of overall income!!!!brbrAfter paying Federal taxes and provincial tax, will we have anything to save for us???brHow come we will be able to save anything for our future generationsbrForget buying a house or a car, we wont have much money to save for ourselves brThe people have to fight inflation also at the same time Don't know how to save money amidst so much tax!brbrConsidering the cost of living is significantly lower, but the higher taxes scare the shit out of Gen-Z and millennials who want to save money for their future! Comment from : Ushnish Chakravarty |
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Canadian Citizens pay taxes to Canada even if they are working and earning in other countries such as USA, Dubai, UK etcbrbrGursahib please make a video and do the detailed analysis of the topic which I have highlightedbrI trust you as usual you would come up with some concrete factsbrbrThank you Comment from : devashish mehra |
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BEST VIDEO TO LEARN ABOUT THE TAX SYSTEM OF CANADA SIR Comment from : Farhana Jariwala |
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Now calculate your expenses if an average family of 3, who wants to shift belonging to a NON IT background (Vehicle included): brbrSuppose you got a job of 25$ an hour So in a year you'll be earning before tax 48000$ After taxes : 39865$brMonthly In hand: 3300$brbrDeductions: brRent + amneties: 1200$ brMonthly Fuel cost : 200$ brGrocery: 500$ (Depending on various factors)brMobile + internet: 100$ brMonthly Car licence plate renewal: 100$brMiscellaneous expenses (Inevitable) : 300$brbrBaaki loan utarne mein chale gaye Side hustle karo, no time for family and No social life brbrHence, the reality brbrBy the way, I am in Saskatchewan Comment from : Amit Chatterjee |
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Bhai ye batao ki jo new bande work visa par jaa rahe hain kaam karne unko bhi yahi rate se tax lagega,,,or agar aisa h to kitna doller per day ki sallery sahi rahegi uske liye Comment from : Vishal Madan |
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Zabardast bro love you Comment from : Saifi |
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Good Comment from : Rajiv Angrish |
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Fresher ka Part time work ka salary ka tax dena hai or not 🚫 Comment from : Program |
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sir do i have ta pay taxes in part time jobs Comment from : Md Arif |
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Very informative video The whole content was explained excellently Comment from : CookAtHome & YummyFood |
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Kya hum bin tax cut kiye on cash direct kaam kar skater or end may jo tax hai pay kar sakty hai Comment from : Prateek Khobragade |
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¼ to tax me hi chala jayega 😢 Comment from : Nitin Choudhary |
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I hv connected ihg hr manager it is there to pay federal tax to pay government plz help me for this question Comment from : Sajid Rajani |
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Hope All Good Insha Allah with good health Comment from : Sajid Rajani |
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Hi bro how are you Comment from : Sajid Rajani |
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Really Informative Comment from : Nimesh Parmar |
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Excellent video bro really helpful thank you brother Comment from : BuNtY |
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Thanks, had to go get my paystubs and bank statement from click_cybertech Was able to achieve that with no real stressbrAll these taxes got me real stressed out Comment from : Jack |
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Telling in cents is confusing to the listener Just say percentage - for people to understand easily Comment from : Ajit Kapadia |
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Bhai, Jo log partime kaam karte hai wo kese tax pay karte hai ? Yeah unki tax k koi hisab nhi hota? Comment from : Mohammad Wahidul |
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Hi dear,
brmy son studied at Bishots University at Sherbrooke QC in Master of Computer, how he get the good job, Please guide
brthank you Comment from : Samir Gohel |
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Hello sir Want to know if my daughter is coming with me on depending Visa after completing her graduation from India and want to study her masters in canada can she get study loan Because at that time she will be international student And u know, for international students fees is so high Comment from : Prity Gupta |
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Bhai ye tax rate 2023 me kitna ha canada mebrOr tax annually pay krty hain ya monthly??? Comment from : Qasim Tanveer |
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oo paji kisi ne bhi sahi nahi bataya but ap ka vedio dek ke smj aya Comment from : computer pc |
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Menu andaza ho gya c veer ney end tey lazim kehna subscribe karn da is lye pehly e kar dtabarri wadiya info veer G See u next year meri jan inshallah Comment from : DXBVLOG |
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The provincial tax brackets and rates in Canada can vary depending on the province or territory in which you live Here are the provincial tax brackets and rates for the 2021 tax year:
br
brAlberta:
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br10 on the first $131,220 of taxable income
br12 on taxable income over $131,220br
brBritish Columbia:
br
br506 on the first $42,184 of taxable income
br77 on the next $42,185
br105 on the next $12,828
br1229 on the next $20,534
br147 on taxable income over $117,731br
brManitoba:
br
br108 on the first $33,723 of taxable income
br1275 on the next $38,775
br174 on taxable income over $72,498br
brNew Brunswick:
br
br968 on the first $43,601 of taxable income
br1482 on the next $43,603
br1652 on taxable income over $87,204br
brNewfoundland and Labrador:
br
br87 on the first $38,182 of taxable income
br145 on the next $38,183
br158 on the next $57,254
br173 on taxable income over $133,619br
brNorthwest Territories:
br
br59 on the first $43,953 of taxable income
br86 on the next $43,956
br122 on the next $55,332
br1405 on taxable income over $143,241br
brNova Scotia:
br
br879 on the first $29,590 of taxable income
br1495 on the next $29,590
br1667 on the next $33,820
br175 on taxable income over $93,000br
brNunavut:
br
br4 on the first $46,868 of taxable income
br7 on the next $46,870
br9 on the next $52,407
br115 on taxable income over $146,145br
brOntario:
br
br505 on the first $45,142 of taxable income
br915 on the next $45,145
br1116 on the next $70,000
br1216 on the next $220,000
br1316 on taxable income over $380,287br
brPrince Edward Island:
br
br98 on the first $31,984 of taxable income
br138 on the next $31,985
br167 on taxable income over $63,969br
brQuebec:
br
br15 on the first $45,105 of taxable income
br20 on the next $45,107
br24 on the next $74,475
br2575 on taxable income over $164,687br
brSaskatchewan:
br
br105 on the first $45,225 of taxable income
br125 on the next $83,989
br145 on taxable income over $129,214br
brYukon:
br
br64 on the first $48,535 of taxable income
br9 on the next $48,534
br109 Comment from : Satender Singh |
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The amount of tax that you will pay in Canada depends on your income level and other personal circumstances In general, Canada has a progressive income tax system, which means that people with higher incomes pay a higher percentage of their income in taxes than those with lower incomes
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brAs of 2021, the federal income tax rates in Canada range from 15 on the first $49,020 of taxable income to 33 on taxable income over $216,511 In addition to federal income tax, individuals may also be required to pay provincial or territorial income tax, which can vary depending on the province or territory where they live
br
brIn addition to income tax, Canadians may also be required to pay other taxes, such as the Goods and Services Tax (GST), which is a value-added tax on most goods and services in Canada The GST rate is currently set at 5
br
brIt's important to note that Canada also offers a number of tax credits and deductions to help offset the cost of taxes for individuals and families, including the basic personal amount, which is a non-refundable tax credit that all taxpayers can claim on their tax return Other credits and deductions may be available for things like child care expenses, medical expenses, and charitable donations
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brOverall, while tax rates in Canada can be relatively high compared to some other countries, the country also offers a range of public services and benefits, including a publicly funded healthcare system, that are supported by tax revenue Comment from : Satender Singh |
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Xcellent bro amezing Comment from : Nehas window |
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Simple bol de na bhai saving kitne hote hai per month and per year Comment from : KSI HIGHLIGHTS |
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Bro kya ap bata sakta ha mari income 60000 ha to mara kitna tax bana ga sara jitna be tax lata ha Comment from : shamjutt shamjutt |
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Good work bro❤️❤️🔥🔥 Comment from : Harry singh |
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Hi Gursahib, Thanks for such an amazing explanation and really appreciate your hard work! A quick question, is this the latest tax slab or did Canadian govt has made some changes? Thanks!! Comment from : shubham kalra |
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what is good for future brStarting own business or having a IT job Comment from : Jaspreet Kaur |
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Are international students pay tax in canada ? Comment from : Rahul Chaunkria |
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Need your number to talk can it possible Comment from : GHS Facility Management Services |
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Very informative video man Appreciate your effort 😃 Comment from : Shrey Patel |
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areeee bhaiiiiibraap to kamaaal ki cheese hai Comment from : SHAHRIARJ |
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Does students need to pay tax while studying? Comment from : Tisha Chauhan |
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Thank you, it will help a lot Comment from : Mithila Narayana |
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Hi sir brPlz mujy ye bataye agar me apny bank ke account me monthly 30000$ jama karta ho aur wapasa online bijho diffrent logo ko Kia ap bata sakty hai ke iska annual tax kitna aye ga Waiting for your Reply Plz Comment from : Majid Amjad |
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Jionda reh bai Comment from : TFNHealth |
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@6:44 I agree, I have colleagues who refuses to do overtime saying all the extra earned money will go towards paying taxes which is not true Comment from : Raul Amin |
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The 80,000 income you're talking about is before weekly tax deductions or after it? Comment from : Gurjup kaur |
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thanks bro very vital information about tax systemtake care Comment from : AMARJIT |
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Ye kya doller doller mujhe samjha me nahi aa raha hai brIs tarha video banao ki 50000 ya 1lakh kamate ho hokitna tax katta hai Comment from : Bihari mind Entertenment |
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Property tax alag hai Comment from : Karan Singh |
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Nice work👍🏼 Comment from : Subhojt Kolay |
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this video is very helpful for me Comment from : Human & life |
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Well explained Paaji, great help Thanks Comment from : Lubna Rahat |
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How to save Tax if you are not doing any side hustlelike we save in India on different investments like House Loan, 80C investments, EPF, etc Comment from : Nikhil Pahwa |
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Great work !!! In the next video, could you also please explain how to get rebate and also something about how to claim the educational expenses we pay during our student life Thanks Comment from : ammar vakharia |
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Into is lit 🔥 Comment from : Parth Wadhwani |
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hello bro great video 👍 very informative Comment from : Jaskirat Singh |
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Very good Comment from : MGR |
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great video so informative!! keep rising🙏 Comment from : HR |
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❤️❤️❤️❤️❤️😍🤍🇵🇰 Comment from : Rayyan Arshad |
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Very nice video and explained in a very concise manner! Comment from : Binil Sanghvi |
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"Taam jhaam" you can take a person out of India but you cannot take India out of himtussi chaa gaye sir😄 Comment from : Javed |
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Very Informative and excellent explanation!! Thank you Gursahib and wish you every success in all your forthcoming vlogs!! Comment from : Sheila Rebello |
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Is this tax for 1 year or 1 month Comment from : 2 Unknowns |
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You love Hera Peri movies so much it is showed content related which is related to it Good job 👍 Comment from : Daoud Khan |
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Nice video 😊 👍👍👍 Comment from : inderjit sandhu |
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Nice explanation 👍🏻 Comment from : Test!!! |
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Sir me Saudi Arabia me job karta hoo me ek supermarket me Cashier hooo meri salary 1lcs Indian rupee hai Muje Canada ki ek vecancy aai hai usne muje 2lacs ki offer kiya hai to 2lcs me kitna tax katega ples reply? Comment from : Islamic Facts |
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From where i can read taxation book of canada in free Comment from : Radhika Maheshwari |
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thxss paaji meri ta bund fati pai si ki saala inna tax dena padea mera dream hi purre honge brpaaji hamesha inni imformative video lande ho brthxs paaji Comment from : DELHI BOYS |
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Crypto pe kitna tax lagta hai Comment from : Monu Sain |
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Sir really nice video brSir i am coming to canada so i want to ask you if i want to start youtube channel than is it good to start in canada or india ? brDoes it also come under tax slabs ?brbrThank you in advance Comment from : Dharmik Siddhpura |
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Always put few clips of behind the scene in every video😂😂😂😂 Comment from : Zaildar Gaming |
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Paaji keep up the good work Comment from : Sourav Swaroop |
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❤️❤️❤️❤️❤️ Comment from : prabhjot singh |
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We have to pay tax monthly or annualy in Canada? Comment from : True Lines |
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Informative video Comment from : Ritesh Koli |
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So informational videos u make Comment from : Kunal Monga |
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Bhaiya agar indian student aa rahe hain to unko bhi tax pay krna padega kya Comment from : Study bird |
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Canada me India se aane wale track drawer ko Kitana tax dena parta hai Comment from : S Gaming YT |
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What about business taxes? Comment from : Dhrupesh prajapati |
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Bro I have a questionbrLike everybody is coming to CanadabrAre there inough part time or full time jobs in Canada??brIn the future specially Comment from : Nakul Sharma |
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great video Your channel is a hidden gem man! More people needs to know about this Comment from : Alexis Xander |
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Great brother Thank you 💐 Comment from : deep Dadra |
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Does the tax automatically get cut when u get paid or do we have to File it every month manually? Comment from : Neeezo Beatz |
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what about child benefit? How is childcare in canada? how much students pay? Comment from : DIWAKAR ADHIKARI |
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Do students pay taxes Comment from : ਬਈਮਾਨ |
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Very informative and nice vlog Comment from : rajesh sarange |
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Sir, what is the future prospect of investment banker courses in canada for student? Comment from : aniket batra |
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This is very similar to Indian Tax system Comment from : Akash Mahajan |
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Bro IELTS KA VIDEO BANAO OR APKA EXPERIENCE BATAO brME GUJARATI MIDIUM ME HU TO ME ENGLISH SHIKHA KE AA SKTA HU Comment from : kishan rangani |
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Bhai badiya explanation ♥️♥️ Comment from : Siddharth Vaswade 21 |
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Don't we have an option to structure salary like in India HRA, Transport allowance, standard deduction 80-C deduction Whether Canada has similar exemption and deduction Comment from : Parshav Jain |
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Gursahib Veery! brFsc k bad canada main hotel management course k bare mn video main bnao course k bad job opportunities or Pay Plz bhai Comment from : Waqas Vicky |
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Sir which kind of question immigiration officer can ask at airport please make a video on this Comment from : Parry Singh |
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Very well explained Never get bore by seeing your video Thank you so much for sharing ur experience It helps us a lot Comment from : Vaibhavi Vora |
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Bahut accche explain kiya bhai apne👍 Comment from : Dipti Divecha |
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Levelin up 💫 Comment from : Rehmanpreet Singh |
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Wel done ✅✅✅✅✅ bro Comment from : Khizar Hayat |
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Great Can you explain about Alberta Comment from : H V |
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