Income estimate

[LonelyGhost]

if you're making between 50 - 60K per year, and pay ccp, uic,
taxes, dues, pension and whatever, what's your approximate
take-home???

 

[twoblues]

I make 50k a year and I approximately take home about $38400. I get 2 paycheques a month at $1600 after taxes.

Of course, this is before filling out my yearly tax sheet and seeing if I need to pay more or not.

 

[LonelyGhost]

Thank you!

 

[ironchef]

yeah, i make around the same and take roughly net 76% of my gross.

 

[Trevor2136]

You can get a free program from the Feds that will calculate your net pay for you.

http://www.cra-arc.gc.ca/tax/business/tod/menu-e.html

Trev.

 

[LonelyGhost]

yeah, i make around the same and take roughly net 76% of my gross.

sounds good, thank you!

 

[LonelyGhost]

You can get a free program from the Feds that will calculate your net pay for you.

http://www.cra-arc.gc.ca/tax/business/tod/menu-e.html

Trev.

thanks trev, will give it a try!

 

[jimbo2006]

I make 50k a year and I approximately take home about $38400. I get 2 paycheques a month at $1600 after taxes.

Of course, this is before filling out my yearly tax sheet and seeing if I need to pay more or not.

so after you pay your monthly essentials such as rent/mortgage, utlities, etc and after subtracting out entertainment expenses, how much you got left over for your pooning budget?