bryandavid

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.

ga1lf

You can use the following site to get an idea of the taxes you will pay:

http://lsminsurance.ca/calculators/canada/income-tax

islandboy

If only it was that simple ,take into account GST &PST I think Alberta has no PST then there are things like the cost of medical coverage, its almost imposable to make direct comparisons

iaink

Yup, aint that the truth.


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.

Buchan6

Have the taxes/ CPP you guys paid been reduced since 2006 / 2007?
The figures from ONT are around 10% higher than what I received.