This presentation gives a quick overview of the differences existing in Canada regarding the personal income tax rate.

1. Understanding Canadian
Personal Income Tax with
Two Simple Charts
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2. We gathered results from our Personal Income Tax Calculator,
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and after crunching the numbers, two main caracteristics stood out,
helping us understand the income tax reality in Canada…

3. Average combined prov. and fed. tax rates ranging from $30,000 to $100,000
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4. You probably noticed that on a map, the numbers are trying to say something,
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such as...

5. creditfinanceplus.com
Go West young man!

6. While Quebec is the no 1 province for highest combined tax rate,
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British Columbia and Ontario show the lowest provincial rate under $100k.
But what happens after $100k?

7. Quebec, Ontario, British Columbia and Alberta tax rate from $30k to $1M
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At around $100k, Ontario and British
Columbia do not have the lowest rates
anymore and lose out more and more to
Alberta.
With Ontario’
surtax, their
rate gets closer
and closer to
Quebec.

8. Even with the federal tax abatement, Quebec leads for highest rate,
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British Columbia swings from lowest provincial rate to high rate after $100k,
Alberta’s increase slows down, being the most desirable place for the very
rich.
Ontario almost reaches Quebec on higher income due to its surtax, and

9. If you want to know how much you will give to both governments,
try the calculator :
http://www.creditfinanceplus.com/calculators/calculate-personal-
income-tax-canada.php
and also see the full presentation in a slide format.
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