I'm more curious as to why you care and spend so much time breaking down how much we make/potentially make. Are you looking into joining the Business?I think I wrote this up using man-hours of billable time. For 4 to 15 hours work a week, depending on rate, a escort could make 50,000 to 360,000 a year (260-500, not including extras, assuming they work every week for a year). Usually a cash business. In Victoria at 2 agencies the min rate for 1 hour is 280/310. Some agencies escort are charging 400 to 500, not including extras.
So the min manhours of 4, corresponds to 1/2 day for normal folks, and 15 hours corresponds to just over 2 days a week. Considering the avg work week is 40 hours.
So take a 10 hour work week at 300/hour. That about 156,000/year (again working for 1 year, but only a 10 hour work week- aprox 1/4 time of avg adult). Mostly cash business. Now how much do you declare? up to 100,000 and hide the rest. That would be 50,000 tax free for a year at only 10 hour of work in 1 year. Pay only 20.5% in income tax. This dosen't include extras.
Tax Rate Tax Brackets Taxable Income 15% on the first $50,197 $50,197 20.5% on the next $50,195 $50,197 up to $100,392 26% on the next $55,233 $100,392 up to $155,625 29% on the next $66,083 $155,625 up to $221,708 33% on the portion over $221,708 $221,708 and up
Just playing with some numbers. Remember that the avg Canadian family income is approx 76, 000 dollars.
The moral of this is that an escort can work 10 hours a week and make 2 X the avg family income. And pay whatever tax rate she chooses due to the cash income. And can take home 50,000 in tax free earnings.... and only pay 20.5% in taxes on income.... up to 100,000.
So it pays to advertise as low volume. And know how to hide that 50,000. (under 100,000 - max out tax free saving and rsp declared under tax income, then down payments for apartments if the market is good). Start a part time business (art, crafts etc). This won't work if you have declared more (over 100,000 ) in the past. Covid as an excuse. What about an only fans account?
Great business...
PS I left out expenses.
Disclaimer, yup all speculation.......
Do you think we have it easy? Do you realize, like @ExpCharlee mentioned, we literally wake up and work all day, including taking appointments, until we go to bed at night? That's certainly more than a standard 8 hour workday. Plus some of us also have a civilian job on top of this as well. It's a business, we make as much as we put into it. We don't just work 10 hours a month and make twice the average family income as easily as you say.
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