|
the easiest way is to make sure each of your employers are deducting 20% from each chq if you dont want to fiddle with TD1 forms.
50k @ .2 = 10k
job 1 -- 30k @ .2 = 6k [lowest tax bracket provincially]
job 2 -- 20k @.2 = 4k [ +20k second lowest tax bracket provincially]
just make sure at the end your total income from both jobs, x .20 = the amount of tax that is remitted by both employers.
@ radioman - see above for how you can be bumped up into the next tax bracket by having a second job.
__________________
Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.
Make the effort and take the risk..
"Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt
|