pain2bare

I'm independent right now so what i make and the tax breaks are very different. I've been offered $57,000 a year from a company and I'm trying to figure out wha the take home pay would be?

Whiplash

at that kinda money i'd say pull off about 30% for taxes and shyt...
then once you claim your expenses (depending on what they might be) i'd say closer to 25% for taxes

i know in my bracket i get dinged for 45% every 2 weeks

cibs

bi weekly?? i would assume around 1,400 or so... i'm just guessing tho...

taxes are a bish... I lose about 37%...

Whiplash

i'd say you're closer to actual Alex..
it's been so long since i made that much i'm basically guessing

either way, we're all getting facked up the smelly ring

imported_xray

My guess is probably around $1500-$1550, just going by my own salary @ my work. Btw, Tax SUCKS!!!!!!!

imported_Bruce Fee

figure around 30% and you'll be safe.

in accordance with estimates from people here, I'm taxed about 86.34%

cibs

that could be right... no way to know until you get that first paycheque... it's all in the same ball park...

and yeah... i hate taxes..

imported_echien

http://www.ey.com/GLOBAL/content.nsf...6_Personal_Tax

If it was striaght income and you didn't make RRSP cont and all that jazz, you average would be 21.65%.

Take home $44,661, taxes $12,339. Acording to ey tax calculators.

Wait a sec.... what does this have to do with a civic??? lol.

imported_1999blksi

impossible

that means he makes close to 3700 a month
lol

no ****ing way on a 57K income

pain2bare

Thanks for the link, I was looking for something like that but couldn't find one.

cibs

You know what... that link might actually be close... but that's only if you have no further deductions other than tax... very few jobs have no other deductions... so it will most likely be less, and if not you might want to factor those deductions in anyways cuz health benefits/pension etc are all good things to contribute to regardless if they are mandatory or not...

imported_echien

You don't think Ernst and Young know what they are doing?

shlammed

I'd think $1500 bi-weekly would be a pretty fair estimate.

Gallagher

what about EI? and whats the other one, CPP?

I dunno, but I dont think you'll get that much. $1500 sounds about right.

Brett

^^ I agree with Luka. I make around that much, and my take home pay is about $780 / week. ( I love getting paid weekly!)

imported_Bruce Fee

just make sure you're round against what you're calculating

pain2bare

I know benefits and pension will be deducted. Kinda sick that making $57,000 isn't that great.

imported_Zyepher

roughly around take home for 36..shesh imagine for people who start at 30.

shlammed

people who start at 30 aren't taxed as hard

cibs

^^ yeah... it isn't that great but it's better than 30... or even 36...

all depends what you do with it