Canada-Based Woman Earns Over R80k, Immigrant Explains Taxes and Expenditures While Overseas

Canada-Based Woman Earns Over R80k, Immigrant Explains Taxes and Expenditures While Overseas

  • A lady was spotted on TikTok lamenting the amount of money she pays as tax in Canada, where she lives and works
  • In a post that has gone viral, the lady said she made over R80 000, but tax took a big chunk before she got to enjoy it
  • She also said she was underemployed and underpaid in Canada, given her skills and educational qualifications

A lady living and working in Canada did not look too happy about the amount that was removed as tax from her earnings.

The lady, @foya2005, made a post on TikTok sharing her total income and tax expenditure in a calendar month.

Lady says she paid N1.4 million as tax in Canada.
The lady made N4.2 million in a month. Photo credit: TikTok/@foya2005.
Source: UGC

Woman in Canada earns big

A TikTokker @foya2005, disclosed that she earned R81 000 before taxes. Out of the amount she made, only R57 000 was her take-home income as she paid R29 232 tax.

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She wrote on TikTok:

"Realising I made 6,200 a month but only took home 4,100 because of taxes. Yes, that is the life we live here, paying taxes that we don’t even know where they go."

Some people in her comment section asked her the type of job she does to pay her that much. She said she was underemployed and underpaid if her qualifications and skills were anything to go by.

Her words:

"Believe me, I'm under-employed and underpaid for my skills and education."

Taxation in Canada

According to Pricewaterhouse Coopers, tax is a must for residents living and earning income in Canada.

PWC wrote:

"Individuals resident in Canada are subject to Canadian income tax on worldwide income. Non-resident individuals are subject to Canadian income tax on income from employment in Canada, income from carrying on a business in Canada and capital gains from the disposition of taxable Canadian property. Individuals resident in Canada for only part of a year are taxable in Canada on worldwide income only for the period during which they were resident."

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Watch the video below:

Reactions as lady laments huge taxes in Canada

@MONICA PALLO said:

"Canada! Give me my money back!"

@slymonie said:

"Which work earns that far."

@slymonie asked:

"Can you literally tell us these skills? We might benefit from them."

@prince john 254 said:

"That good money dear."

@August asked:

"Is Vancouver a nice city to work?"

SA lady living in Asutralia compares Woolies to one overseas, peeps fascinated

Briefly News previously reported that a professional from South Africa migrated to Australia. The lady's career allowed her to move to the Land Down Under.

The professional was excited to show people that she is getting settled in Sydney, Australia. A video of the woman received more than 18 000 likes.

People commented on the video, eager to find out more about working overseas. Some netizens saw a Quantum in the video background.

Source: Legit.ng

Authors:
Rianette Cluley avatar

Rianette Cluley (Director and Editor-in-Chief) Rianette Cluley is the managing editor of Briefly News (joined in 2016). Previously, she worked as a journalist and photographer for award-winning publications within the Caxton group (joined in 2008). She also attended the Journalism AI Academy powered by the Google News Initiative and passed a set of trainings for journalists from Google News initiative. In February 2024, she hosted a workshop titled AI for Journalists: Power Up Your Reporting Ethically and was a guest speaker at the Forum of Community Journalists No Guts, No Glory, No Story conference. E-mail: rianette.cluley@briefly.co.za

Rutendo Masasi avatar

Rutendo Masasi (Human-Interest editor) Rue Masasi is a Human Interest and Entertainment writer at Briefly News who graduated with a BA (Hons) in English from Rhodes University in 2018. Rue also has 2 years of experience in journalism and over four years of experience as an online ESL teacher. She has also passed a set of trainings by Google News Initiative. You can reach her via email: rutendo.masasi@briefly.co.za

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