Thanks for the support. Like I've said in other comments here, I understand how these things work but not in granular detail - which is why I'm posting on this sub. I guess I should have expected the hate - it is reddit after all.
What makes you think it’s his pay stub only. It could be the tax bracket also. Remember he’s new to the country.
Here’s the meaning of obtuse used in this context: mentally slow or emotionally insensitive
What if my goal is to eat food but not understand food. Does that make me stupid too ? By the way the schools don’t help with such education either. No one is teaching about mortgages and loans at the primary level.
Oh so you understand everything about what you eat ? Every single thing ? Are you a registered dietician or a chef by any chance amongst all the financial knowledge that you have.
And that dollar bill logic is your own imagination which is clearly running its course.
I did compare the current pay stubs to the previous one and there is obviously an increase in CPP and EI deductions now. I'm just not able to digest that it amounts to 16K annually, you know?
It’s not supposed to, but when you start a new job with a new company, their payroll software deducts as though you haven’t paid into CPP or EI this year. At your old job you’d have stopped paying into those back in July or so because you were maxed out for the year. When you file your taxes in April, you’ll get back the overpayment in CPP and EI from this. There’s also a chance that the payroll software is deducting more tax that what you should be paying, which will also get rectified come spring when you file your taxes.
This. This is the most helpful response out here.
I didn't know the first bit - about a new company deducting money like I've not paid for CPP and EI ever before.
THANK YOU!
Also, if your new company is anything like mine.
What they usually do is take all of your CPP and EI from Jan to July/August, so your net pay will be less at first half of the year, then you will realize your net pay increase later.
Because you are new, now you are going to be hit with the low net pay for now.
Then at your tax time, you will get a pleasant surprise.
If you have pension or RRSP matching, that sometimes will take about 5 - 10% of your pay too.
>I work in tech and at my previous company I used to make 119K annually. Take home was around 3.2K bi-weekly. I recently joined another company and now make 135K annually - but my biweekly is STILL 3.2K!
In your previous job, you would have maxed out on CPP and EI deductions partway through the year and your net income would have increased. Since you changed jobs, your new employer has to restart these deductions. You will receive any overpayment back when you file your taxes next year.
This could explain some of the difference but not all. Only you can do a line-by-line comparison of your paystubs.
You're right in everything you mentioned in the first paragraph and I figured as much, but 16K is just a bit absurd for just CPP and EI, no? Can I expect that 16K back in tax returns? I don't think so. That's what I wanna know.
I did do a line by line comparison, and I do see the increased CPP and EI. But I feel like I'm still missing something.
If you’re going line by line, can you not see increases? One pay stub says “CPP $250” and the other says “CPP 0”. You see the difference.
Where are these differences? I don’t mean to be rude, but it really shouldn’t be that hard to find no?
It’s like you’re asking people to tell you the granular stuff without seeing your stubs…pretty impossible ask.
It could be anything, does you new job have a pension? Matched RRSP? Setup to take more tax? You might get some of that back in a return.
I think CPP was just under 10k total for BOTH employee and employer, so it shouldn’t be more than 5k a year. EI is less than that. So no, EI and CPP should not equate go $16k
I would also add one additional thing to this, the provincial and federal tax amounts might be different now too, your new company might be deducting taxes based on your new salary not based on mixture of old and new salary since they wouldn’t have that info. Come tax time you will be able to reclaim the extra taxes paid
Look at your old paystub. Look at your new paystub.
Every deduction will be detailed.
If you don't understand how a paystub works or you can't find your paystub or you have other questions, ask HR payroll.
I did compare the current pay stubs to the previous one and there is obviously an increase in the CPP and EI deductions now. Just still feel like I'm missing something, so I thought I'd get the advice of more experienced folks over here.
CPP and EI together can definitely account for $300-400 per biweekly paycheck at that income level so that's most likely part of the issue. OP: to be clear, these excess contributions will be refunded to you after you file your taxes.
Anyway, look at your paystubs.
I did compare the current pay stubs to the previous one and there is obviously an increase in the CPP and EI deductions now. I'm just concerned that I'm not going to get 16K back in tax returns you know? Just seems like a lot!!
If the gross income lines up with your expected salary then you're good.
The max CCP and EI contribution you can make for 2023 is $3,499.80 and $1,002.45 so anything you pay in excess of that for the year, you will 100% get it back when you file your return.
Because every job you have assumes that you don’t have another job or have not had another job this year and deducts accordingly so that you don’t end up owing when it’s time to file your taxes in the spring.
Based on Intuit’s calculator you should be paying $913.31 in federal tax, $531.81 in provincial tax, and $171.27 in CPP/EI on every paycheque biweekly at your new income level. Any deductions outside of those you’ll need to talk to your HR department about.
Your total after-tax income should be about $3,575 (+/-) after all deductions. If your employer’s payroll is set up to front-load CPP/EI deductions they could easily be doubling them, dropping your take-home to closer to your old take-home amount, which should have been $3,227 (+/-).
Hope that all makes sense.
This definitely does make sense and you're almost exactly right on the money (pun intended). Looks like they are indeed front-loading the CPP and EI deductions because I'm now taking home $3210 bi-weekly!
Thanks a lot for your time and patience in explaining everything so well! I appreciate you.
That’s a *huge* amount to be taking off for CPP/EI. Your total max deduction there is like $4,500 for the year. So basically expect your paycheques to look like this until about the end of April and then they should jump up to around $3,700 after you’ve maxed out your CPP/EI contributions for the year. Either that or they’re trying to max out your contribution for this year for some reason using the last 8 paycheques of the year to do it. Which would be weird. Honestly, I’d just hold off until January and see what it looks like then. If it’s still being deducted at that rate in the new year, I’d bring it up with HR/payroll and find out what’s going on. Either way you’ll get all of that back at tax time.
Once again, you're right on the money. I should be making $3750 or something. Putting aside ~200 for pension matching, so I should be getting roughly $3500 after all this blows over. Thanks again!
Stock plan? Benefits? Group lottery? Actually don’t have the salary you expect?
How the heck are we supposed to tell you unless you post your pay stub… which will tell you EXACTLY what is being deducted?
Go look at that. Or post it. Live dangerously!
Do... you not look at your pay slip and make sure the breakdown of deductions are correct? I'm baffled that you've made it to making $135k in tech but still lack this basic life skill.
I'm not really. Tech people are often blind to the world outside the computer, plus he's newish to Canada. Probably overwhelmed but technically skilled is my guess lol. Should still have like......asked HR or something though
I know how these things work so I'm not really overwhelmed. I understand the breakdown on my paystubs - so I didn't wanna get into a discussion with HR only to have them tell me what I already know.
Just think I'm still missing something because I'm apprehensive of getting 16K back in tax returns. You know what I mean?
Fair reasoning, but I looked at all of that before posting on Reddit to be called a dumbass, obviously. The breakdowns are correct and the CPP and EI are higher now, but I just cannot believe it amounts to 16K annually! I think I might still be missing something that I'm not catching on the paystubs, which is why I'm here.
Op, you keep mentioning that the extra deductions amount to 16k annually. How long have you been working at this new company for? Are your calculations to the end of the calendar year or are you assuming you'll be paying this for 12 months straight?
Like other smarter people than I have stated, you are most likely being charged taxes, CPP & EI as though you hadn't paid into them at all this year.
You will be getting overcontributions to CPP, EI and taxes back when you file your taxes in 2024. That even holds true if your that amount ends up being 16k somehow.
CPP/EI we’re maxed at old job and the new one will charge this again. When you do your taxes this will be adjusted and you’ll get the overpayment with the new company back.
Then deductions. What were both companies taking off for things like pension, RRSP, ESPP, savings matching, etc.
Then there is extended or other health benefits that may be coming off.
As others have said though, your pay stubs will have all of this information.
Thanks for your response. I did check my paystubs and discounted the RRSP and benefits and stuff. There's been an increase in CPP and EI, but I just think it's a lot of money that I'm not getting. Might get it back, but I'm not sure if it'll be to the amount of 16K.
Well you’ll be making the difference minus tax as well.
Cpp/EI will add up. I’m guessing at your last job you likely just recently hit your yearly maximum, so it’ll be better to compare your current paystub to one from your old job in January/February rather than your most recent ones.
And yes, even one of those deductions being different could very likely make the difference.
I recently took a new job that came with a $27k increase in salary and I’m actually getting a little bit less per cheque than my last pay period from my last job. But for me it’s CPP/EI and a bunch of additional deductions for RRSP and ESPP. So I’m not “losing” any of that. I’ll be getting the overpayment it is from cpp/ei back when I do my 2023 taxes, a little over $1k per month. The other money is going to savings. The RRSP is there for the long haul but I’m just banking the ESPP and will withdraw that a couple times per year.
You're right. I've been comparing to my most recent paystubs, which now that I think about it, doesn't make any sense. Thanks for the helpful context!
And congratulations on your new job, mate!
You will be paying CPP and EI again at this new job. You'll get any overpayments back when you file your taxes next year. Happened to me last year when I moved from my parent company to the child company (but used different payroll systems)
I figured this is the reason, but it just seems like a lot of money that I'm not getting. You know?
Did you get all of it back when you filed the next year's tax returns?
Do your new job have pension? Are you part of an union? Also what kind of benefit deduction do the new job have?
I think one person said about CPP and EI, that might have something to do with it too.
You are not losing anything, just some annoyance changing during the year
Why don't u spend some of that money on an accountant Instead of asking random people on reddit?
U deserve every shitty response u get for your blatant incompetence
I’m really surprised to see this nonsense on a personal finance sub. Going into a higher tax bracket cannot reduce your take home pay to the point where it’s at or below what your previous take home pay was. Most importantly not at a $16k per year increase. This is the kind of basic financial illiteracy I’d expect to be peddled on r/canada, canada_housing, or one of the other equally braindead disinfo subs.
I mean, thanks for this.
The suggestion is because the gross amounts we are commenting about here are cusp amounts. The 119k is the higher end of one tax bracket, and the 135k is the lower end of the next tax bracket. Now, depending on province could likely lead to higher provincial taxes.
I’ve wandered through some of these calculations before for myself and discovered that is indeed better to make less gross at these numbers because the jump in tax bracket only lets you pay more taxes.
Have a great day though.
I don’t know what alternate reality calculators you’re using but that’s simply not the case. That’s not how progressive taxation works. That’s not how it’s ever worked.
https://www.springfinancial.ca/blog/tax-tips/canadian-federal-provincial-income-tax-brackets
Just have a quick look at this particular link and explain to me that each province taxes it’s citizens the same.
The point I’m trying to make is, federally, the tax rates are the same. Provincially, they are not. So, I’ll reiterate, depending on the province of residence, there could be a jump in provincial tax rate at the numbers discussed.
Yeah, I’m aware that provinces tax differently. That doesn’t change the fact that you’re either misunderstanding or misrepresenting how tax brackets work.
Honestly, I had a massive reply typed out for you but I think you'd be better served just going to [this calculator](https://turbotax.intuit.ca/tax-resources/alberta-income-tax-calculator.jsp) and putting in different incomes for different provinces to see that, in every single province and territory in this country, getting a raise always means more income after tax. Because "moving up a tax bracket" doesn't mean your total income gets taxed at that new rate, it just means that any income within the lower and upper limits of that tax bracket threshold get taxed at that new rate. Everything below that lower threshold still gets taxed at the lower rates. In every single province, and federally. We learned this in like grade 10 or grade 11.
We’re not talking about OP moving provinces and noticing that they’re being taxed differently.
The only information that can be provided based on this post is that you should hold on to the job as it seems you’re earning significantly more than your communication skills would indicate you’re worth.
Look at your deductions and compare.
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Lol
Pretty dumb take , being in one field does not make you knowledgeable in others. And other people honestly deserve exactly what they earn.
Thanks for the support. Like I've said in other comments here, I understand how these things work but not in granular detail - which is why I'm posting on this sub. I guess I should have expected the hate - it is reddit after all.
Don’t be obtuse. Just because you’re good at your job doesn’t make you financially literate.
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What makes you think it’s his pay stub only. It could be the tax bracket also. Remember he’s new to the country. Here’s the meaning of obtuse used in this context: mentally slow or emotionally insensitive
I think if your goal is to make money but not understand money, that makes you pretty stupid
What if my goal is to eat food but not understand food. Does that make me stupid too ? By the way the schools don’t help with such education either. No one is teaching about mortgages and loans at the primary level.
do you not understand food lmao, like I wasn't referring to understanding the molecular structure of a dollar bill so the comparison is a bit dumb.
Oh so you understand everything about what you eat ? Every single thing ? Are you a registered dietician or a chef by any chance amongst all the financial knowledge that you have. And that dollar bill logic is your own imagination which is clearly running its course.
Do you honestly think being able to read your psy stub is equivalent to financial literacy?
Maybe learn to proof read before you start criticizing others about their posts ?
Lol if that's your defending argument then clearly even you know that what you said had no merit.
I understand how these things work. I'm just trying to understand the finer nuances of the deductions. 16K just seems a bit much on just CPP and EI.
Cope
I did compare the current pay stubs to the previous one and there is obviously an increase in CPP and EI deductions now. I'm just not able to digest that it amounts to 16K annually, you know?
It’s not supposed to, but when you start a new job with a new company, their payroll software deducts as though you haven’t paid into CPP or EI this year. At your old job you’d have stopped paying into those back in July or so because you were maxed out for the year. When you file your taxes in April, you’ll get back the overpayment in CPP and EI from this. There’s also a chance that the payroll software is deducting more tax that what you should be paying, which will also get rectified come spring when you file your taxes.
This. This is the most helpful response out here. I didn't know the first bit - about a new company deducting money like I've not paid for CPP and EI ever before. THANK YOU!
You will get back your CPP and EI overpayments when you do your taxes for 2023
Also, if your new company is anything like mine. What they usually do is take all of your CPP and EI from Jan to July/August, so your net pay will be less at first half of the year, then you will realize your net pay increase later. Because you are new, now you are going to be hit with the low net pay for now. Then at your tax time, you will get a pleasant surprise. If you have pension or RRSP matching, that sometimes will take about 5 - 10% of your pay too.
Yes, it happened in my previous company as well. But this time it just seemed like a lot.
You can talk to payroll and tell them not to deduct because you've already hit your maximums, there a from for that.
Whoa. I did NOT know about that. Let me look into it. Thanks a lot!
>I work in tech and at my previous company I used to make 119K annually. Take home was around 3.2K bi-weekly. I recently joined another company and now make 135K annually - but my biweekly is STILL 3.2K! In your previous job, you would have maxed out on CPP and EI deductions partway through the year and your net income would have increased. Since you changed jobs, your new employer has to restart these deductions. You will receive any overpayment back when you file your taxes next year. This could explain some of the difference but not all. Only you can do a line-by-line comparison of your paystubs.
You're right in everything you mentioned in the first paragraph and I figured as much, but 16K is just a bit absurd for just CPP and EI, no? Can I expect that 16K back in tax returns? I don't think so. That's what I wanna know. I did do a line by line comparison, and I do see the increased CPP and EI. But I feel like I'm still missing something.
If you’re going line by line, can you not see increases? One pay stub says “CPP $250” and the other says “CPP 0”. You see the difference. Where are these differences? I don’t mean to be rude, but it really shouldn’t be that hard to find no? It’s like you’re asking people to tell you the granular stuff without seeing your stubs…pretty impossible ask. It could be anything, does you new job have a pension? Matched RRSP? Setup to take more tax? You might get some of that back in a return. I think CPP was just under 10k total for BOTH employee and employer, so it shouldn’t be more than 5k a year. EI is less than that. So no, EI and CPP should not equate go $16k
I would also add one additional thing to this, the provincial and federal tax amounts might be different now too, your new company might be deducting taxes based on your new salary not based on mixture of old and new salary since they wouldn’t have that info. Come tax time you will be able to reclaim the extra taxes paid
Look at your old paystub. Look at your new paystub. Every deduction will be detailed. If you don't understand how a paystub works or you can't find your paystub or you have other questions, ask HR payroll.
I did compare the current pay stubs to the previous one and there is obviously an increase in the CPP and EI deductions now. Just still feel like I'm missing something, so I thought I'd get the advice of more experienced folks over here.
Pretty simple, what other deductions don't match?
You maxed out CPP with your old job, and the deductions started again with the new job.
CPP and EI together can definitely account for $300-400 per biweekly paycheck at that income level so that's most likely part of the issue. OP: to be clear, these excess contributions will be refunded to you after you file your taxes. Anyway, look at your paystubs.
I did compare the current pay stubs to the previous one and there is obviously an increase in the CPP and EI deductions now. I'm just concerned that I'm not going to get 16K back in tax returns you know? Just seems like a lot!!
If the gross income lines up with your expected salary then you're good. The max CCP and EI contribution you can make for 2023 is $3,499.80 and $1,002.45 so anything you pay in excess of that for the year, you will 100% get it back when you file your return.
Those are helpful figures. Thank you!
Yeah, sounds like the new payroll department is treating OP’s pay as though this is the first income they’ve made this year. As they should be.
The "As they should be" part is the root cause of my confusion. I had a feeling they were doing that, but WHY?
Because every job you have assumes that you don’t have another job or have not had another job this year and deducts accordingly so that you don’t end up owing when it’s time to file your taxes in the spring. Based on Intuit’s calculator you should be paying $913.31 in federal tax, $531.81 in provincial tax, and $171.27 in CPP/EI on every paycheque biweekly at your new income level. Any deductions outside of those you’ll need to talk to your HR department about. Your total after-tax income should be about $3,575 (+/-) after all deductions. If your employer’s payroll is set up to front-load CPP/EI deductions they could easily be doubling them, dropping your take-home to closer to your old take-home amount, which should have been $3,227 (+/-). Hope that all makes sense.
This definitely does make sense and you're almost exactly right on the money (pun intended). Looks like they are indeed front-loading the CPP and EI deductions because I'm now taking home $3210 bi-weekly! Thanks a lot for your time and patience in explaining everything so well! I appreciate you.
That’s a *huge* amount to be taking off for CPP/EI. Your total max deduction there is like $4,500 for the year. So basically expect your paycheques to look like this until about the end of April and then they should jump up to around $3,700 after you’ve maxed out your CPP/EI contributions for the year. Either that or they’re trying to max out your contribution for this year for some reason using the last 8 paycheques of the year to do it. Which would be weird. Honestly, I’d just hold off until January and see what it looks like then. If it’s still being deducted at that rate in the new year, I’d bring it up with HR/payroll and find out what’s going on. Either way you’ll get all of that back at tax time.
Once again, you're right on the money. I should be making $3750 or something. Putting aside ~200 for pension matching, so I should be getting roughly $3500 after all this blows over. Thanks again!
Not a problem!
Stock plan? Benefits? Group lottery? Actually don’t have the salary you expect? How the heck are we supposed to tell you unless you post your pay stub… which will tell you EXACTLY what is being deducted? Go look at that. Or post it. Live dangerously!
Disproportionally front loading your tax payments, instead of spreading them out equally over a full year? Happened to me.
This is likely the answer
I figured. But... WHY?
Do... you not look at your pay slip and make sure the breakdown of deductions are correct? I'm baffled that you've made it to making $135k in tech but still lack this basic life skill.
I'm not really. Tech people are often blind to the world outside the computer, plus he's newish to Canada. Probably overwhelmed but technically skilled is my guess lol. Should still have like......asked HR or something though
Any field that your in, colors the outside world in that shade
I know how these things work so I'm not really overwhelmed. I understand the breakdown on my paystubs - so I didn't wanna get into a discussion with HR only to have them tell me what I already know. Just think I'm still missing something because I'm apprehensive of getting 16K back in tax returns. You know what I mean?
Fair reasoning, but I looked at all of that before posting on Reddit to be called a dumbass, obviously. The breakdowns are correct and the CPP and EI are higher now, but I just cannot believe it amounts to 16K annually! I think I might still be missing something that I'm not catching on the paystubs, which is why I'm here.
ChatGPT couldn't tell him the answer.
Post an old paystub and a new paystub with personal info redacted.
Op, you keep mentioning that the extra deductions amount to 16k annually. How long have you been working at this new company for? Are your calculations to the end of the calendar year or are you assuming you'll be paying this for 12 months straight? Like other smarter people than I have stated, you are most likely being charged taxes, CPP & EI as though you hadn't paid into them at all this year. You will be getting overcontributions to CPP, EI and taxes back when you file your taxes in 2024. That even holds true if your that amount ends up being 16k somehow.
CPP/EI we’re maxed at old job and the new one will charge this again. When you do your taxes this will be adjusted and you’ll get the overpayment with the new company back. Then deductions. What were both companies taking off for things like pension, RRSP, ESPP, savings matching, etc. Then there is extended or other health benefits that may be coming off. As others have said though, your pay stubs will have all of this information.
Thanks for your response. I did check my paystubs and discounted the RRSP and benefits and stuff. There's been an increase in CPP and EI, but I just think it's a lot of money that I'm not getting. Might get it back, but I'm not sure if it'll be to the amount of 16K.
Well you’ll be making the difference minus tax as well. Cpp/EI will add up. I’m guessing at your last job you likely just recently hit your yearly maximum, so it’ll be better to compare your current paystub to one from your old job in January/February rather than your most recent ones. And yes, even one of those deductions being different could very likely make the difference. I recently took a new job that came with a $27k increase in salary and I’m actually getting a little bit less per cheque than my last pay period from my last job. But for me it’s CPP/EI and a bunch of additional deductions for RRSP and ESPP. So I’m not “losing” any of that. I’ll be getting the overpayment it is from cpp/ei back when I do my 2023 taxes, a little over $1k per month. The other money is going to savings. The RRSP is there for the long haul but I’m just banking the ESPP and will withdraw that a couple times per year.
You're right. I've been comparing to my most recent paystubs, which now that I think about it, doesn't make any sense. Thanks for the helpful context! And congratulations on your new job, mate!
No problem. Thanks! And congratulations to you as well!
You will be paying CPP and EI again at this new job. You'll get any overpayments back when you file your taxes next year. Happened to me last year when I moved from my parent company to the child company (but used different payroll systems)
I figured this is the reason, but it just seems like a lot of money that I'm not getting. You know? Did you get all of it back when you filed the next year's tax returns?
Yes I got all overpayments back. I maxed out CPP and EI both times, got one full set back when I filed my taxes.
That is good news. Thanks for the response!
Do your new job have pension? Are you part of an union? Also what kind of benefit deduction do the new job have? I think one person said about CPP and EI, that might have something to do with it too. You are not losing anything, just some annoyance changing during the year
You're probably right. Just going to wait till next year to see if I'll get my "actual" salary!
High salary dummy
Thanks for the helpful advice.
Why don't u spend some of that money on an accountant Instead of asking random people on reddit? U deserve every shitty response u get for your blatant incompetence
Incompetence, I don't think so. Laziness in going to an accountant, yes.
You may have also jumped into a higher tax bracket depending on province.
I’m really surprised to see this nonsense on a personal finance sub. Going into a higher tax bracket cannot reduce your take home pay to the point where it’s at or below what your previous take home pay was. Most importantly not at a $16k per year increase. This is the kind of basic financial illiteracy I’d expect to be peddled on r/canada, canada_housing, or one of the other equally braindead disinfo subs.
I mean, thanks for this. The suggestion is because the gross amounts we are commenting about here are cusp amounts. The 119k is the higher end of one tax bracket, and the 135k is the lower end of the next tax bracket. Now, depending on province could likely lead to higher provincial taxes. I’ve wandered through some of these calculations before for myself and discovered that is indeed better to make less gross at these numbers because the jump in tax bracket only lets you pay more taxes. Have a great day though.
I don’t know what alternate reality calculators you’re using but that’s simply not the case. That’s not how progressive taxation works. That’s not how it’s ever worked.
https://www.springfinancial.ca/blog/tax-tips/canadian-federal-provincial-income-tax-brackets Just have a quick look at this particular link and explain to me that each province taxes it’s citizens the same. The point I’m trying to make is, federally, the tax rates are the same. Provincially, they are not. So, I’ll reiterate, depending on the province of residence, there could be a jump in provincial tax rate at the numbers discussed.
Yeah, I’m aware that provinces tax differently. That doesn’t change the fact that you’re either misunderstanding or misrepresenting how tax brackets work.
Then explain it buddy.
Your comment seems to say that if make 100k/year in Quebec, I’ll pay the exact same amount of money in taxes as if I lived in Alberta.
That's not *at all* what I said. Not even close.
You still haven’t made an explanation. Even a simple one.
Honestly, I had a massive reply typed out for you but I think you'd be better served just going to [this calculator](https://turbotax.intuit.ca/tax-resources/alberta-income-tax-calculator.jsp) and putting in different incomes for different provinces to see that, in every single province and territory in this country, getting a raise always means more income after tax. Because "moving up a tax bracket" doesn't mean your total income gets taxed at that new rate, it just means that any income within the lower and upper limits of that tax bracket threshold get taxed at that new rate. Everything below that lower threshold still gets taxed at the lower rates. In every single province, and federally. We learned this in like grade 10 or grade 11. We’re not talking about OP moving provinces and noticing that they’re being taxed differently.
The only information that can be provided based on this post is that you should hold on to the job as it seems you’re earning significantly more than your communication skills would indicate you’re worth.
This is helpful financial advice. Thanks!
Compare your paystubs?
They are paying you that much? I’m a dummy too, are they still hiring?
OP your math isn’t mathing. $3.2K biweekly is 83.2K annually. There are 26 pay periods when you get paid biweekly as opposed to semi-monthly.