How taxes work in Canada, including tax brackets and investment income.
The examples in the video are basic and do not include deductions and credits you may be eligible for. However, they give you a general understanding of how taxes in work in Canada. We will cover a more detailed breakdown of taxes in upcoming videos.
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Timestamps:
Intro: 0:00
Agenda: 0:15
How is Income Taxed?: 0:27
Tax Brackets: 1:00
Capital Gains Tax: 2:38
Dividend Tax: 3:35
Interest Tax: 4:04
PROVINCIAL TAX RATES:
CANADA REVENUE Provincial and territorial tax rates for 2021:
https://www.canada.ca/en/revenueagen...
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