ONT vs BC vs AB
#1
Thread Starter
Duke of Africa


Joined: Jan 2008
Posts: 97
From: London. Landed in Toronto in August '09.






Based on 2009/10 tax year, if you earn less than $110,000 per annum, you will have a higher take home pay if you reside in British Columbia compared to Ontario and Alberta. If you earn over $110,000, you best bet is Alberta. See the summary below:
Monthly Take Home
Basic p/a ONT BC AB
$70,000 $4,293 $4,409 $4,308
$75,000 $4,558 $4,693 $4,591
$80,000 $4,820 $4,975 $4,875
$85,000 $5,061 $5,240 $5,146
$90,000 $5,296 $5,497 $5,413
$100,000 $5,768 $6,010 $5,946
$120,000 $6,711 $6,998 $7,013
$130,000 $7,173 $7,483 $7,537
$140,000 $7,620 $7,952 $8,045
$150,000 $8,067 $8,422 $8,553
NB: This is not intended to be a professional advice.
Monthly Take Home
Basic p/a ONT BC AB
$70,000 $4,293 $4,409 $4,308
$75,000 $4,558 $4,693 $4,591
$80,000 $4,820 $4,975 $4,875
$85,000 $5,061 $5,240 $5,146
$90,000 $5,296 $5,497 $5,413
$100,000 $5,768 $6,010 $5,946
$120,000 $6,711 $6,998 $7,013
$130,000 $7,173 $7,483 $7,537
$140,000 $7,620 $7,952 $8,045
$150,000 $8,067 $8,422 $8,553
NB: This is not intended to be a professional advice.
#2
BE Enthusiast




Joined: Jan 2009
Posts: 389
From: Vancouver (!)








You can use the following site to get an idea of the taxes you will pay:
http://lsminsurance.ca/calculators/canada/income-tax
http://lsminsurance.ca/calculators/canada/income-tax
#3
Forum Regular


Joined: Mar 2009
Posts: 53
From: Vancouver Island

Based on 2009/10 tax year, if you earn less than $110,000 per annum, you will have a higher take home pay if you reside in British Columbia compared to Ontario and Alberta. If you earn over $110,000, you best bet is Alberta. See the summary below:
Monthly Take Home
Basic p/a ONT BC AB
$70,000 $4,293 $4,409 $4,308
$75,000 $4,558 $4,693 $4,591
$80,000 $4,820 $4,975 $4,875
$85,000 $5,061 $5,240 $5,146
$90,000 $5,296 $5,497 $5,413
$100,000 $5,768 $6,010 $5,946
$120,000 $6,711 $6,998 $7,013
$130,000 $7,173 $7,483 $7,537
$140,000 $7,620 $7,952 $8,045
$150,000 $8,067 $8,422 $8,553
NB: This is not intended to be a professional advice.
Monthly Take Home
Basic p/a ONT BC AB
$70,000 $4,293 $4,409 $4,308
$75,000 $4,558 $4,693 $4,591
$80,000 $4,820 $4,975 $4,875
$85,000 $5,061 $5,240 $5,146
$90,000 $5,296 $5,497 $5,413
$100,000 $5,768 $6,010 $5,946
$120,000 $6,711 $6,998 $7,013
$130,000 $7,173 $7,483 $7,537
$140,000 $7,620 $7,952 $8,045
$150,000 $8,067 $8,422 $8,553
NB: This is not intended to be a professional advice.
#4
The caluclators I recommend are the taxtips site ones as they allows for your personal circumstances (married/ single, kids, retirement savings etc) to be taken into account
http://www.taxtips.ca/calculators.htm
Taxation here is not a simple one solution question Im afraid, and simplified calculators like the one linked a few posts above not only fail to take that into account, but often dont factor in things like EI and CPP, which are effectively taxes anyway, they also dont explain the difference between gross income and "taxable income"... The taxtips ones have consistently been pretty close to the actual amounts that are calculated on my tax return each year, so I have a bit more faith in them.
#5
The Seldom Seen Kid




Joined: Jan 2006
Posts: 479











Monthly Take Home
Basic p/a ONT BC AB
$70,000 $4,293 $4,409 $4,308
$75,000 $4,558 $4,693 $4,591
$80,000 $4,820 $4,975 $4,875
$85,000 $5,061 $5,240 $5,146
$90,000 $5,296 $5,497 $5,413
$100,000 $5,768 $6,010 $5,946
$120,000 $6,711 $6,998 $7,013
$130,000 $7,173 $7,483 $7,537
$140,000 $7,620 $7,952 $8,045
$150,000 $8,067 $8,422 $8,553
NB: This is not intended to be a professional advice.
The figures from ONT are around 10% higher than what I received.




