How much IT does an average Canadian worker pay?


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me2canada   
Member since: Jun 04
Posts: 178
Location: Toronto, Canada

Post ID: #PID Posted on: 23-07-04 14:52:07

Hi,

I was just curious how much does an average Canadian worker pay in Income Tax?

1. Say, if he earns CAN$100. How much would he pay for his income tax? (Just a ball-park) out of those 100.

2. What long-term monetary benefits are included in that tax? Unemployment Insurance? Pension plan? Medical? Suppose you pay CAN$25 for your taxes, are $10 for medical? $5 for pension $5 for unemp. ins? Can you break-down?

3. Do they have a 401k like thing in Canada?

Do let me know.

Regards,

Me2Canada :)


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faisal   
Member since: May 04
Posts: 661
Location: in the heart of Mrs Saga

Post ID: #PID Posted on: 24-07-04 08:33:36

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