Tax payments
#1
Thread Starter
Forum Regular

Joined: Oct 2009
Posts: 49

can anyone tell me if you pay extra taxes if you work in Alberta but live in BC.
would it be incredibly high, Living in Alberta but would like to live in BC although OH works in oilsands.
Thanks
would it be incredibly high, Living in Alberta but would like to live in BC although OH works in oilsands.
Thanks
#2
Forum Regular


Joined: Oct 2011
Posts: 98
From: Ottawa (Gatineau)











Hope that makes sense to you...
#3
Taxes are calculated using your province of residence. If you work in Alberta, taxes will be held at source according to the Alberta rate. Since Albertans do not pay provincial tax, then it is fair to assume that when you file your taxes as a BC resident, not enough taxes will have been withdrawn at source to cover your tax bill. You pay more taxes as a BC resident than as an Alberta resident, but it is not because you work in Alberta, it is simply because you live in a province where provincial tax exist.
Hope that makes sense to you...
Hope that makes sense to you...
#4
Thread Starter
Forum Regular

Joined: Oct 2009
Posts: 49

So I presume as long as you put some money away each month so that when you do your taxes you are covered you will be okay.
Thanks for that, much apreciated
Thanks for that, much apreciated
#5
Taxes are calculated using your province of residence. If you work in Alberta, taxes will be held at source according to the Alberta rate. Since Albertans do not pay provincial tax, then it is fair to assume that when you file your taxes as a BC resident, not enough taxes will have been withdrawn at source to cover your tax bill. You pay more taxes as a BC resident than as an Alberta resident, but it is not because you work in Alberta, it is simply because you live in a province where provincial tax exist.
Hope that makes sense to you...
Hope that makes sense to you...
Last edited by Almost Canadian; Nov 9th 2012 at 1:45 am.
#6
Binned by Muderators










Joined: Jul 2007
Posts: 11,708
From: White Rock BC











Quite.
Albertans pay a 10% flat rate provincial income tax. BC provincial income taxes are progressive. Someone earning c. $75k or less pays lower taxes in BC than Alberta. Above c. $75k it is more in BC - but the differences are not huge.
Maybe the posters above are thinking of sales taxes. Just GST in Alberta but GST + (soon to be) PST in BC. if someone who worked in B bought some consumer durables in AB and brought them home to BC they would, of course, self-assess the PST and send the BC Government a cheque for the difference.
Albertans pay a 10% flat rate provincial income tax. BC provincial income taxes are progressive. Someone earning c. $75k or less pays lower taxes in BC than Alberta. Above c. $75k it is more in BC - but the differences are not huge.
Maybe the posters above are thinking of sales taxes. Just GST in Alberta but GST + (soon to be) PST in BC. if someone who worked in B bought some consumer durables in AB and brought them home to BC they would, of course, self-assess the PST and send the BC Government a cheque for the difference.
#7
Quite.
Albertans pay a 10% flat rate provincial income tax. BC provincial income taxes are progressive. Someone earning c. $75k or less pays lower taxes in BC than Alberta. Above c. $75k it is more in BC - but the differences are not huge.
Maybe the posters above are thinking of sales taxes. Just GST in Alberta but GST + (soon to be) PST in BC. if someone who worked in B bought some consumer durables in AB and brought them home to BC they would, of course, self-assess the PST and send the BC Government a cheque for the difference.
Albertans pay a 10% flat rate provincial income tax. BC provincial income taxes are progressive. Someone earning c. $75k or less pays lower taxes in BC than Alberta. Above c. $75k it is more in BC - but the differences are not huge.
Maybe the posters above are thinking of sales taxes. Just GST in Alberta but GST + (soon to be) PST in BC. if someone who worked in B bought some consumer durables in AB and brought them home to BC they would, of course, self-assess the PST and send the BC Government a cheque for the difference.
Does it work the other way, if someone from Alberta buys something in BC and takes it home to use in Alberta is s/he permitted to claim the PST (or whatever it is called in the interim) portion from the Government of BC?
#8
Binned by Muderators










Joined: Jul 2007
Posts: 11,708
From: White Rock BC











Does it work the other way, if someone from Alberta buys something in BC and takes it home to use in Alberta is s/he permitted to claim the PST (or whatever it is called in the interim) portion from the Government of BC?




