Canadian salary question

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Old Jan 16th 2003, 7:20 pm
  #46  
Observer
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Default Re: Canadian salary question

I don't think your statement of " Usually don't have cross platform
knowledge " is true. The engineers in US and Canada have far superior cross
platform knowledge than your home India.

Our engineers have Linux, Unix ( Solaris, HP_UX, AIX ), Windows and AS400
experience but their counter part engineers in India doesn't have those
Unix, Linux or AS400 experience.


"sbasak" wrote in message
news:[email protected]...
    > BTW, I'm presently at Glasgow. My home is in India and I strongly
    > believe most government sponsored universities in India offer very
    > good standard of degree level education within 1% cost of the western
    > countries' degrees. Till now, getting university degree doesn't cost
    > average Indian an arm and a leg - even at Indian purchase power
    > parity standard.
    > It's only a marketing hype that some countries degrees are better than
    > others! In fact competition is much fierce in most Asian countries for
    > higher education (esp. in India, China, Japan, Korea etc.)
    > Another point I observed is that most western people usually don't have
    > cross platform knowledge (I'm talking with respect to IT industry).
    > --
    > Posted via http://britishexpats.com
 
Old Jan 17th 2003, 12:20 am
  #47  
Stephen C. Gallagher
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Default Re: Canadian salary question

wrote in message
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    > On Thu, 19 Dec 2002 23:45:12 GMT, "Guru"
    > wrote:
    > >Deduct 33% for tax and rest is yours.
    > >Guru
    > Yes. Then you have to pay 7-25% sales tax on everything you buy
    > (ontario is 15%).

Where do you get the 25%

> And if you get any bonuses at work, expect to only
    > receive about 55% of it. The rest goes to the government.

Bonuses may have 55% tax withheld (I'm not even sure it's that much),
but the actual tax you would pay on a bonus, is the same tax rate you
would pay if it were part of your salary. Any excess withheld would be
refunded. Bonuses aren't taxed at a higher rate than the rest of your
salary.

Stephen
 
Old Jan 17th 2003, 1:55 am
  #48  
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Location: BC
Posts: 3,648
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Default Re: Canadian salary question

[QUOTE]Originally posted by Andrew Miller
Another myth...

Those with average income pay about 25% of their income in income tax, not
33% - for example person with $75,000 income will pay about $20,000 in
income tax.

See here:

http://www.ey.com/global/Content.nsf...2_Personal_Tax

As for GST/PST - it is up to 15%, not 25%. Compare it to VAT in most
European countries exceeding 20%...

Um...last tax return I paid exactly 31% combined federal and provincial on gross income, which was average (under $55K). Factor in 14.5% sales tax on top as well, the $ value is severely eroded by the tax base. The salary I get is half the UK one I enjoyed - I paid less tax on a far higher gross in the UK. Vat was 17.5% when I left and was levied on less items than GST is. Personal allowances are also lower (in BC anyway.) and the deductions are so restricted they are virtually worthless unless you have a ton of kids in daycare. 25%? I don't think so.
dingbat is offline  
Old Jan 17th 2003, 3:51 am
  #49  
Andrew Miller
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Default Re: Canadian salary question

It was your 2001 tax return, not 2002 after substantial cuts in our taxes,
both federal and provincial. Why don't you just visit the Tax Calculator
page on E&Y website to check it for yourself?

As for your UK salary - what about cost of living factor? Go here to check
last year report about cost of living in major cities worldwide and you'll
see that cost of living in London (UK) for example is about 60% bigger than
in Toronto or Vancouver:

http://www.imercer.com/international/home/news2.asp

And if you compare real estate prices the difference will become even
larger...

Never compare salaries alone.

--

../..

Andrew Miller
Immigration Consultant
Vancouver, British Columbia
email: [email protected]
(delete REMOVE from the above address before sending email)

For confidential phone consultation go here:

http://members.yahoo.liveadvice.com/andrewmiller_canada
________________________________


"dingbat" wrote in message
news:[email protected]...
    > Originally posted by Andrew Miller
    > > Another myth...
    > >
    > > Those with average income pay about 25% of their income in income
    > > tax, not
    > > 33% - for example person with $75,000 income will pay about $20,000 in
    > > income tax.
    > >
    > > See here:
    > >
    > > http://www.ey.com/global/Content.nsf...Calculators_--
    > > _2002_Personal_Tax"]http://www.ey.com/global/Content.nsf/Canada/Tax_--
    > > _Calculators_-_2002_Personal_Tax[/url]
    > >
    > > As for GST/PST - it is up to 15%, not 25%. Compare it to VAT in most
    > > European countries exceeding 20%...
    > >
    > > Um...last tax return I paid exactly 31% combined federal and
    > > provincial on gross income, which was average (under $55K). Factor in
    > > 14.5% sales tax on top as well, the $ value is severely eroded by the
    > > tax base. The salary I get is half the UK one I enjoyed - I paid less
    > > tax on a far higher gross in the UK. Vat was 17.5% when I left and was
    > > levied on less items than GST is. Personal allowances are also lower
    > > (in BC anyway.) and the deductions are so restricted they are
    > > virtually worthless unless you have a ton of kids in daycare. 25%? I
    > > don't think so.
    > --
    > Posted via http://britishexpats.com
 

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