ST Alpha - "So far I've got ..." (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Down to Post

Backboards:

Posts: 158

In response to "Trying to sort out all the deductions and withholdings and other considerations and calculations for independent contracting." by Beryllium

So far I've got ...

Posted by Beryllium (aka grayman) Nov 23 '16, 19:00

- federal tax brackets ~25% (near the highest bracket)
- provincial tax brackets ~14% (at the highest bracket)
- GST 5%
- CPP 9.9%

And that's not counting monthly payments for Health/dental and a coworking space. And banking money for vacation time.

Responses:

You won't bear the GST. Your customer will (unless its a business then its end customer will) - iSpam Nov 23, 19:16
it gets more expensive to live the older you get -- nm - Peglegpete Nov 23, 19:04 1
- All my numbers are predicated on the exchange rate staying flat. -- nm - Beryllium Nov 23, 19:11

Post a message top

So far I've got ...

Replies are disabled on threads older than 7 days.