Salary Deduction

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Subject: Salary Deduction
  Hi,

I am offered a salary of CAD 38,400 / yearly.

1. What taxes would be deducted.
2. What will I take home after the deductions.
3. And what would be approx hourly rate.
4. I have 4 kids, will i get any child benefit to support my family if yes how much?

I would be thankful for providing me the estimated calculations as per the policies in Ontario.

[02-04-2011,06:12]
[***.118.103.163]
Leo
(in reply to: Salary Deduction)
about $18.50 and hour
Take home would be about $2,500 a month
very tough to support a family of 4 kids with that kind of income.

[02-04-2011,07:19]
[**.180.238.237]
Sharon
Salary Deduction (in reply to: Salary Deduction)
Thanks for the response.

mentioned 18.50 excuding tax or included. I heard the children are getting child benefits monthly, are permanent residents eligible for this? And approx how much?

[02-04-2011,07:34]
[***.118.103.163]
Leo
(in reply to: Salary Deduction)
Hi Leo,

Permenant Residents are eligible for Child Tax (Child Benefits) monthly. How much depends on your FAMILY income.

Sorry, I dont have estimated calculations.

Best luck,
Nisha


[07-04-2011,13:29]
[***.29.196.10]
Nisha
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