I have worked out my expenses that will be 2800 per month & yearly (12*2800) 33600.
Please let me know how much total salary is needed to obtain net 2800 per month on hand. I.e. after deducting all the Tax (TAX, CPP, EI, etc...)
Please assist & thank you in advance.
if you are single, you need to make 44350 CAD taxable income per year to take home 33600 CAD (in Ontario)
Further breakdown:
Annual
Gross Pay 44350
Income Tax 8034
CPP 1989
EI 720
Take Home Pay 33605
Source:
http://www.walterharder.ca/Take%20Home%20Pay%20Calculator.html
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