by clay | Jan 22, 2020 | Edmonton Bookkeeping
One situation that people have often found themselves in at their year-end, is they start receiving their T4 slips, and discover that they have not had the right source deductions being removed from their pay says Edmonton bookkeeping. Now, people are faced with the...
by clay | Jan 22, 2020 | Edmonton Bookkeeping
Sometimes, employees get their T4 slips at the end of the year and realize that the incorrect amount of taxes were deducted from their income during the year, leaving them with a situation of having to pay all of their taxes at year-end says Edmonton bookkeeping....
by clay | Jan 22, 2020 | Edmonton Bookkeeping
The average Canadian pays almost half their income on taxes says Edmonton bookkeeping, 43% on average including taxes such as CPP, EI, GST, and fuel tax to name a few. The highest personal tax rate in Alberta currently is 48%, and many people are looking for ways to...
by clay | Jan 22, 2020 | Edmonton Bookkeeping
Minimizing taxes is a huge goal for many Canadians says Edmonton bookkeeping, with the average Canadian paying 43% of their entire income on taxes. While paying almost half of their income on a variety of taxes, they spend 37% of the remaining amount on food clothing...
by clay | Jan 22, 2020 | Edmonton Bookkeeping
Many people try to come up with as many ideas as possible on how to save money on taxes says Edmonton bookkeeping. The average Canadian pays 43% of their entire earned income on taxes including CPP, EI and income tax, as well as GST, fuel tax just to name a few. The...