Home page

HOW TAXES WORK IN CANADA | REDUCE YOUR TAX BILL | Canadian Tax Guide Chapter 1

Frames HOW TAXES WORK IN CANADA | REDUCE YOUR TAX BILL | Canadian Tax Guide Chapter 1

Description HOW TAXES WORK IN CANADA | REDUCE YOUR TAX BILL | Canadian Tax Guide Chapter 1

Comments HOW TAXES WORK IN CANADA | REDUCE YOUR TAX BILL | Canadian Tax Guide Chapter 1

I am starting a content creation through a YouTube channel although I am a full time employee If my business does not make any money in the first year, can I still write off business expenses? Comment from : SN

Thank God u made a ig page and showed up in my feed Comment from : Dilpreet Singh

Thank you 🙌🏻 Comment from : Tammer Dau

Very interesting! Thanks Comment from : Marcel Tikeng

Amazing video! Do you have by chance a video that explain how the Basic Personal Amount (BPA) is addressed /calculated on the income tax? Comment from : Sidney Alencar

It’s amazing sir Please keep posting such videos👍🏻 Comment from : vaibhavi patel

A blatant outright theft by the CRA and the federal government’s How do you justify taking my $220000 a month in my hard working money a “Fair Share@ It’s theft Comment from : Jack J

Thank you for this incredible video with so much excellent tax information in a brief but comprehensive I'm curious about Ey As I open the link, it doesn't work and doesn't calculate any amount? I would be grateful if you give any clue or advice Comment from : Minoo Karimi

I'm so happy I came across this video A bit late but still on right time I'm seeing itbrThank you for sharing this 🙏 ❤❤ Comment from : ZC

Would love some videos about taxes related to rental properties!! Comment from : Colleen Kircher

Thank you i am a new comer and your videos are the best thank you Comment from : Ahmed Alfi

Hey bro, So if I start a business in ontario, how much percentage should I put aside for taxes for each sale I make? Comment from : DF

this video is so great Comment from : Numpack

Not about how much money you make, but it's about the money you KEEP! I JUST read this in Tony Robbins' Unshakeable book, too Love to see this Comment from : Rebecca Chen

How do taxes work when on long term disability ?? I am off work due to a head injury, and I know my insurance company isn't taking the necessary taxes How do I make sure I don't get screwed at tax time ?? 🤔 Comment from : Valerie Parker

Love it! Comment from : Gabriel Ballestero

Where did he learn all of this? Is the Canadian T-shirt an accountant? Comment from : Rebecca Toscano

Comment Comment from : The Ultimate Rental

“in this world, nothing is certain except death and taxes” - tax is such an important topic yet most of us were never taught about it in school properly Thank you for explaining this huge topic in an easy to understand way! 👍 Comment from : Dave Chen

Hey Adrian, I just wanted to say thank you Comment from : gurpreet sandhu

If I'm scrutinizing my finished multi-page tax return, what are the main things to look for? I assume gross income If I want to make a ledger to see how my numbers change over the years, which totals would tell my financial story? Great video- thanks! Comment from : Danny Nowak

THE BEST VIDEO EXPLAINING TAXES!!!! Comment from : Siu Ping Y

Thanks I have a little more understanding about all these taxes and a little less anxiety and butt pain Comment from : Mary Dinev

Thank you, Thank you, Thank you!brThis is such important information that i need brThank you so much for making this series and putting this information out here Comment from : StoneChild9

Hi when you were doing the taxes for the 100 thousand dollar income How did you do the math to get the numbers $47,629 for the second tax bracket and $4,741 for the third tax bracket? 4:32 Comment from : n fad

Please, speak slowly Too much information to get it at once Thank you! Comment from : Karina Raso Arcaute

Its just wowww !! Comment from : My chapbook

SO you're telling me I gotta make yearly payments or wait until it builds up when I'm ready Comment from : TwoBlackRabbits

Hi, I have a question I have a TFSA which I used to invest in US stocks If I sell those stocks and withdraw money, do I have to pay tax to both Canada and US? If I do, how do I pay tax to US? Comment from : Alan

This is my first time paying taxes in Canada Incredibly helpful video Thank you so much for taking time to make this! Comment from : Abdullah Sameer

thank you so much for this video! Comment from : Sage

The most comprehensive and greatest video on Taxes presented on layman's language😀 Comment from : Ferdinand Estrellado

Your videos give me more shot at a future than my parents did, that's for sure! I appreciate it lol Comment from : Alex Vath

great job, thank you sir, a lot of valuable information Comment from : toufiq homesi

This is a very awesome video! I was trying to understand taxes in Canada so that I would have a better financial planning Just one question (maybe you have the answer in your other videos already but I haven't checked them out yet), are nonrefundable tax credits used before refundable tax credits? Thank you so much! Comment from : Kaki Lai

Hello, thanks for grate videos Do you recommend third party apps to pay rent , whats is the best way to pay rent Thanks Comment from : maashokhel

Man, thank you so much for providing such amazing business and financial content for Canadians! I have been interested in starting a business for years now and your videos are helping me on my path towards achieving my goals Knowledge is power and you do a fantastic job of clearly communicating all necessary points for the benefit of our education and to help increase confidence and awareness rather than get stuck on fear or doubt (as someone who works in the field of education I greatly respect that) I look forward to checking out more of your content, just wanting to express my gratitude Keep up the great work Cheers! Comment from : Born To Operate

Its good and informative Thank you Looking forward Comment from : Lijo Jose

It wud be helpful if u didn't speak sooo quickly Comment from : Infor Mation

Hi! thank you so much! when you talk about income in the tax brackets, are you talking about growth income or net annual income? thank you! Comment from : Anaïs Radé

Hi, If I invested now in RRSP, Will I be eligible for tax deduction this year when I file tax? {in 2023} Comment from : Vancouver Diaries

You should start a side business teaching 😊brYour awesome Comment from : Dr Warda Farooq

Hi, congratulations on your awesome video I was wondering if you could make a video about deductions for charitable donations? Eg if one has a child enrolled in a religious school Thank you in advance Comment from : midy alvarenga

I’m a bit confused For the 100k example why $47,629 in the second bracket Why precisely $1 less when that bracket is for $47,631 - $95,259 4:46 Comment from : Darius Scotland

Thank you! Comment from : em

Hey dude, hope all is well on your end!brbrYour content is awesome and valuable to everyone, regardless of their financial goalsbrbrI have a question for you I am self employed and collect GST+QST with every transaction I set this money aside along with cash for income tax come tax season I'm wondering, should I invest this money in a liquid GIC or other investment vehicle so that I am at least putting that money to work?brbrWould really appreciate your feedback Comment from : Sebastian Adeluca

The more you work the more you’re taxed Should be the opposite Comment from : DKH86

Very Helpful :) Comment from : The Human Sculptor

Interesting video, I wonder how much of those taxes can I get returned Comment from : M D

Just found your channel, great content As a new biz owner I'm trying to learn more about the corporate taxation in Canada Comment from : PAD Financial

Very insightful, thank you Comment from : Orolobo Lawrence

Thank you ! Good video Comment from : Loandi Puertas

i just arrived here in canada last august as a student and started getting some contract jobs in web development projectsbrbr so far i got a good start on closing new projects as a self employed can declare my sub contractors from India and Philippines as business expenses? brthey do send my an invoice every 20th and 5th Comment from : Papa Bob

Unfortunately the new proposed FHSA is not for people over 40, very disappointing It means we are bums that are garbages in this country so we don't deserve this I am going to write to Justin Trudeau about my thoughts Comment from : G M

Super useful, thank you so much!!!! Comment from : Guillermo Castellanos

that’s a whole lot of information in 15 minutes Awesome work done 🎉 Comment from : Mukul Gupta

Amazing tutorial! Comment from : Yacine Atroune

Great - but the TOP marginal rate is OVER 50 - so when you die - your RRSP loes more than half brbrJR Comment from : James Ryzlot

Thank you! Comment from : Daphne Ong

As a retired Chartered Financial Planner I must commend your clear cut explanations In my opinion however you might consider a change to your priorities a bit In my experience an over all successful primary objective to savings should be " Reduce your taxes FIRST - do all the other cool stuff you want to do with your money second" We all need to save, we do not need to spin our wheels in the process( net of taxes) Comment from : tim young

I wonder if there are too many lack of trusts in govt bad people including but not limited to the suspicious gambling olg matters why don't stop paying anymore tax benefiting to such the wastes in a hell nation like this, if so! Such govt tyrannical personality type so-called controllers farting as carbon emission are not eligible to occupy any resources right either in Canada!brbrThe ugliness shameful mind ri tax on death to take wealth from anyone dead are only the ugliness shameful mind but fake nice tyrannical farting attributes unlike HK tax system without such illness dead tax imposed! Comment from : hokoumoon

This is amazing! Thank you! Comment from : Milos Randelovic

Nice video!brbrTaught us everything they don't teach in schools and what the g@vts dont want us to know 😂😅 Comment from : Aman K

Medical is not free people Comment from : Kevin Y

great video, valuable information!!! Comment from : Salman Khurshid

If you are over 65 and get some GIS how do eligable dividends effect itbrIf you gad 1000 in dividends would 1000 be applied against your GIS or would it bethe leveraged up amount?brThank you Comment from : Brian McGrath

Thank you so much Comment from : laulau

Your videos are awesome Wish I found these before Anyhoo no time like the present! Comment from : Serrena McDonald

the short versionhow much u make? sent it all in Comment from : randy crough

EFT taxes any suggestionsbrThank you Comment from : Deb Spring

Are there Roth contribution accounts instead of tax-deferred accounts in Canada? Comment from : Javier San Juan

You've actually taught me an incredible amount, especially about taxes Thank you! Comment from : ZB

Good afternoon Are you for hire?? In other words I will pay you whatever you require do help me start a legit online Canadian business Comment from : Patrick Butts

If you stay outside Canada for a few months and work from a different country, do you still pay federal and provincial taxes? Comment from : ishu261288

Soooo good Thanks 🙏 Comment from : Farzad Nik

HELLO BUDDY, HOWS IT GOING, THANKS SO MUCH FOR YOUR VIDEO IM FINDING OUT AFTER ONE YEAR OF WORKIN CANADA THAT SINCE IM NOT RESIDENT, IM BEING CHARGED WAY MORE IN TAXES THAN IF ID BE A RESIDENT iM ON A WORK PERMIT, ANY IDEAS ABOUT WHAT CAN I DO? OFC, IVE APPLIED TO PR BUT ITS GONNA TAKE A WHILE Comment from : Asia Rivera

This is so helpful but a bit too fast I have subscribed to learn more Thanks Comment from : Dr Nonnie’s Life

Can someone tell me what my annual taxes to state/province and gov would be as a retiree with NO income, just living off savings First if I own a 1 bedroom home in Canada; Second, if I rent a studio ?? Comment from : jamesk8s1

I usually never comment but I have to say that was an AMAZING content, thank you so much for sharing your knowledge I can't believe how much I've learnt just by watching your video omg, very grateful Comment from : Nana A

great video Comment from : Emmanuel Cormier

good listen Comment from : OfficialVFTV

Best 15 mins I've spent financially educating myself Thnks Adrian! Comment from : Hussaina Wardhawala

Very helpful 😊thanks Comment from : Kayode-Comedy

Even if I didn't understand a few things am gonna save this video and religiously watch it until I understand it Cause this is something that we all need to learn and understand Comment from : Sabfluence

Is the tax bracket in the first category NOT subtract the first $16,000 as the basic deduction? People don't pay any taxes in fed or prov when they earn under $16,000 Comment from : John Spence

How are crypto derivatives taxed in Canada? That's a financial instrument What about buying stablecoin as a way to send to family and friends and not as an investment Comment from : sir dovaz

Thanks for the video! Really excellent! Comment from : Logic

3:34 br$47,629 brwhere did u bring this number? Comment from : sa faa

You should change your channel name to brbr" Canadian with Mind " Comment from : Success Mantra

Thank you, from the bottom of my wallet Comment from : Egemen Oztas

You da man Adrian Comment from : ace ventura

Related HOW TAXES WORK IN CANADA | REDUCE YOUR TAX BILL | Canadian Tax Guide Chapter 1 videos

How To Save Electricity Bill at home | How To Reduce Electricity Bill | How To Reduce Current Bill РѕС‚ : Destiny HV Download Full Episodes | The Most Watched videos of all time

Taxes in Canada 2021, How high are taxes in Canada | How to save some Tax Money in Canada. РѕС‚ : Gursahib Singh - Canada Download Full Episodes | The Most Watched videos of all time

How Canadians Can Pay ZERO Taxes Legally! Canada Taxes and Canada Tax Residency Explained РѕС‚ : Wealthy Expat Download Full Episodes | The Most Watched videos of all time

RRSP Explained Part 2 | Withdrawals u0026 Withholding Taxes | Canadian Tax Guide Chapter 4 РѕС‚ : Canadian in a T-Shirt Download Full Episodes | The Most Watched videos of all time

Tax Planning, Tax avoidance, Tax Evasion, tax planning u0026 Management, Taxation Laws, Income Tax РѕС‚ : DWIVEDI GUIDANCE Download Full Episodes | The Most Watched videos of all time

Small Business Taxes Canada | CPA Explains How Small Business Taxes Work in Canada РѕС‚ : Avalon Accounting Download Full Episodes | The Most Watched videos of all time

Tax Strategies for High Income Earners to Help Reduce Taxes РѕС‚ : Sierens Financial Group Download Full Episodes | The Most Watched videos of all time

RRSP MISTAKES in Canada to AVOID! // Tax Free Investing u0026 Retirement Strategy // Canadian Tax Guide РѕС‚ : Canadian in a T-Shirt Download Full Episodes | The Most Watched videos of all time

My PAY STUB in CANADA 2023 // PAYROLL DEDUCTIONS - Income TAX, CPP u0026 EI // Canadian Tax Guide Ch 12 РѕС‚ : Canadian in a T-Shirt Download Full Episodes | The Most Watched videos of all time

Tax Basics: How Taxes Work in Canada РѕС‚ : TurboTax Canada Download Full Episodes | The Most Watched videos of all time