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by noizejoy
1703 days ago
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>Income taxes are way lower in Alberta than Ontario; moving my remote-ok tech job to calgary was equivalent to getting a five-figure raise. How did you get to the lower income tax amount, given that it would appear from the official Canada Revenue Agency website figures[0] that provincial income tax seems generally higher in Alberta than in Ontario - especially the first 45k where the Ontario rate (5.05%) is just over half of the Alberta rate (10%). But even in the highest marginal tax bracket, Ontario seems to top out at 12.15% while Alberta tops out at 14%. So your statement about income tax savings seems difficult to reconcile with the income tax charts without some other explanation. [0] https://www.canada.ca/en/revenue-agency/services/tax/individ... |
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