Moved: difference between general tax structure of UK & Canada
 

i m planning to move to canada once my pr application is cleared.does anyone have information what is the tax structure in canada.as in UK you pay roughly around 30-35% of tax+national insurance on a high salary scale what could be the structure in canada in terms of federal tax+province tax(have heard something???)+social insurance...thanx.

Re: Moved: difference between general tax structure of UK & Canada
 

hi where in middlsex are you, Im from around there Ealing

Re: Moved: difference between general tax structure of UK & Canada
 

live in harrow. so when did u apply for your canada file???

Re: Moved: difference between general tax structure of UK & Canada
 

Re: Moved: difference between general tax structure of UK & Canada
 

It varies by Province, but in normal earnings ranges you should think about 30%.

In addition to the thoroughly researched, and rather splendidly written Wiki article referred to above, taxtips.ca is your friend.

Re: Moved: difference between general tax structure of UK & Canada
 

I lose over 40% of my gross salary. Now that I'm getting life insurance and medical cover, these are deemed taxable benefits, so I'll give even more on my next paycheck.

The above is no joke, and came as something of a shock, even after I'd looked at tax pages etc.

Then when you add in "council tax", sales taxes and all the other taxes, a lawyer acquaintance estimates that between 60 and 70% of your paycheck (if you are a middle earner) goes to the government.

No bull.

Re: Moved: difference between general tax structure of UK & Canada
 

It's pretty much the same as the UK overall. If this doesn't appeal to you, maybe you should look at emigrating to a low tax economy.

Re: Moved: difference between general tax structure of UK & Canada
 

Which province are you in?

Re: Moved: difference between general tax structure of UK & Canada
 

It's pretty much a 'bend over' on both sides of the Atlantic.

Re: Moved: difference between general tax structure of UK & Canada
 

Maybe a bit lower than the U.K. in Alberta, perhaps a little higher in Quebec.

Re: Moved: difference between general tax structure of UK & Canada
 

From what I remember about living in Quebec (I've blocked most of it out;)) you have to do two tax returns a federal and a provincial. They used to say it was the most highly taxed area in north america.:unsure:

Re: Moved: difference between general tax structure of UK & Canada
 

You do have to send two separate returns. It's not a major issue. The software my accountant uses generates both at the same time.

Quebec possibly is the most highly taxed part of North America but it's swings and roundabouts. I pay way more in personal tax than I would if I moved a couple of miles down the road to Ottawa. On the other hand, the house I live in would have cost me 50 grand more, I would not have been able to send the boy to (subsidised) private school etc, etc.

Re: Moved: difference between general tax structure of UK & Canada
 

This thread should really have ended at post #4.

In the UK I payed over 33% in tax and NI contributions. Last year my total tax burden on a much larger income after applicable deductions (including EI and CPP) etc was 26% in Ontario. Sales tax is also lower, although perhaps more widely applied. Excise tax on fuel is obviously much lower too. No TV license, car plate sticker is much cheaper than the UK registration sticker, and no annual MOT expense.

Property tax is broadly comparable, but considering how much snow has to be cleared here, something does not add up about UK council tax levels if you ask me.

Re: Moved: difference between general tax structure of UK & Canada
 

That's because the public services in the UK are being swamped to bursting point by an endless tide of illegal bogus immigrants, coming over here, stealing our women and raping our jobs. Clearly, it's political correctness gone mad; I blame the PC doo-gooders, the Guardian and Tony Bliar.

*froth* *loon*

Re: Moved: difference between general tax structure of UK & Canada
 

What, pray, is a doo-gooder? Is this a reference to some sort of scatalogical charity? The NSPCT perhaps?