Sentences with phrase «cent average income»

On this basis, her pre-tax income would be $ 67,674 per year before tax or $ 4,600 a month after 18 per cent average income tax.
After paying 14 per cent average income tax and no tax on TFSA payouts, they would have $ 6,240 a month to spend.
He would pay average 10 per cent tax after adjustments for age and pension income credits and have $ 24,706 per year or $ 2,060 per month if he starts benefits at 65 or $ 34,100 per year or $ 2,840 per month if he works to 70 and pays 12 per cent average income tax on the same basis.
After 20 per cent average income tax and no tax on TFSA payouts, he would have $ 5,400 a month to spend, about the same as present allocations with all savings removed.
Assuming that Sid does start CPP and OAS at 65, his income after 20 per cent average income tax and no tax on TFSA payouts would be about $ 4,800 per month.
After 15 per cent average income tax, they would have $ 5,932 a month to spend, almost enough to cover their present budget.
Assuming that Sid does start CPP and OAS at 65, his income after 20 per cent average income tax and no tax on TFSA payouts would be about $ 4,800 per month.

Not exact matches

A 60 per cent replacement rate means that someone who earned $ 40,000 on average while working would receive $ 24,000 in retirement income from public sources.
But he points to a report from the Parliamentary Budget Officer released earlier this year showing that, since 2009, the debt service ratio — a measure of income spent to pay debt — has remained steady at around 14 per cent, not much higher than the long - term average.
Because the average salary for a woman still lags behind men's (the American Association of University Women says women earn 82 cents for every dollar a man makes one year after graduation) and lenders favor two - income households over single earners, Lautz says women are «making the most sacrifices to get into a home, but they're still placing a high value on owning a home of their own.»
Gap's net income fell 46.9 percent to $ 127 million, or 32 cents per share, for the first quarter ended April 30, in line in the average analyst estimate.
«For decades, households in Ontario had incomes as much as 20 per cent above the Canada average, and 10 per cent higher as recently as the turn of the century.
Analysts on average had expected adjusted net income of 84 cents, according to data compiled by Thomson Reuters.
According to the last calculation from Statistics Canada, the average household owes 165 per cent more than it earns in annual disposable income, meaning an average family with $ 100,000 annual disposable income owes $ 165,000.
The 2016 figures showed a further worsening of Hong Kong's wealth gap, as the richest 10 per cent of households - with a median monthly income of HK$ 112,450 - earned 44 times more than the poorest 10 per cent making an average of HK$ 2,560.
If we assume the average federal tax rate on capital income is 25 per cent (most capital income is taxed in the higher 22 per cent, 26 per cent and 29 per cent tax brackets), this yields a revenue cost of $ 6.6 - billion, or 7 per cent of federal income tax revenues.
Thus, at average wages and salaries, there is a significant gap to be filled by third pillar income to eliminate the difference between what is available from OAS, C / QPP and GIS, and a replacement rate target of 70 per cent.
Aboriginal artists are producing more art than the market is demanding, leading to 40 per cent falls in average incomes between 2007 - 08 and 2012 - 13, according to a recent government report.
As a share of total household sector disposable income, the cash flow effect in this scenario is estimated be less than 0.2 per cent on average per annum over each of the next three years (Graph 7).
According to Vancity, based on the average income of Vancouverites, the average property now requires more than 48 per cent of household monthly income.
It's no surprise that parents of young children, says Statistics Canada, now carry debt worth 180 per cent of their after - tax income, well above the already - elevated national average of 161 per cent.
-- The growth in real average (after - tax, after - transfer) family income from 1976 to 2010 was the smallest in the middle - income group, at seven per cent
Real after - tax income of middle - class families (considered the middle quintile or middle one - fifth of families) in Canada grew by only seven per cent between 1976 and 2010 — or 0.2 per cent per year — according to the report, with the average family income (after taxes and transfers) totalling $ 49,700 in 2010 for the middle - income families.
In fact, the growth in real average (after - tax, after - transfer) family income from 1976 to 2010 was the smallest in the middle - income group, at seven per cent, while the top quintile (top 20 per cent) saw their family income grow by 27 per cent during that time.
Since 1976, the average after - tax income of all Canadian families grew 18 per cent in real terms (adjusting for inflation) to $ 61,000 in 2010 (most recent data available), say the documents.
-- The top quintile (top 20 per cent) saw their family income grow by 27 per cent during that time (average after - tax, after - transfer family income of $ 135,500), compared to 14 per cent for the second - highest quintile (after - tax family income of $ 73,500), nine per cent for the second - lowest quintile ($ 32,700) and 16 per cent for the bottom one - fifth of income earners (after - tax income of $ 14,600)
According to a confidential survey commissioned by Hockey Canada last year and obtained by The Globe and Mail, the 1,300 parents surveyed had an average household income roughly 15 per cent higher than the national median.
-- Since 1976, the average after - tax income of all Canadian families grew 18 per cent in real terms (adjusting for inflation) to $ 61,000 in 2010 (most recent data available)
Prices rose by an average of 5.2 per cent a year between 1981 and 2012 in the country as a whole, or 1.3 percentage points a year faster than average incomes.
Total household assets rose by 6 per cent over the year to the December quarter 2004 (Table 7), in line with income but well below the average of previous years.
The ratio of income payments to exports remains near its average over the past two decades, at 17.9 per cent.
The net income deficit recorded a slight rise in the September quarter to $ 5.6 billion, though at 2.8 per cent of GDP, it remains around its average level of the past five years.
In the June quarter, the overall rise in housing - secured credit exceeded dwelling investment by the equivalent of 8 per cent of household disposable income, which is almost twice the average magnitude of housing equity withdrawal seen over the past two years (Graph 28).
Taking these facts into account, and allowing for the fact that households with debt have, on average, incomes about 30 per cent higher than the average for all households, interest and principal repayments probably account for something like 20 per cent of disposable income among those households who have debt.
The average male who was 40 in 1973 actually saw a 14 per cent decline in his income over ten years.
The report said, on average, CAP clients» outstanding debt equates to 96 per cent of annual household income when they seek help.
A modelling exercise for the Resolution Foundation by the Institute for Employment Research and the Institute for Fiscal Studies finds that on the basis of annual average UK growth of 2.5 per cent from 2015 - 2020 — an optimistic scenario — and no further cuts in public spending, living standards will fall for low and middle income households by between 3 and 15 per cent (Brewer et al., 2012).
Consider the following: in the five years going from 2008 to 2012 inclusive, UK government receipts from taxation on petroleum exploration and production activities came to # 44.62 billion, representing an average ETR of 27 per cent on a gross industry income of # 165 billion (the fiscal years of other North Sea producers run concurrently with calendar years, so UK fiscal data has to be annualised to make it properly comparable to that of other North Sea producers).
Most recently there was the Dahlia Research poll which suggested on average 64 per cent (of surveyed EU countries) were supportive of a basic income.
The City of Manchester is the third most deprived local authority area in England, with 20 per cent of residents claiming income support - twice the national average.
Income tax bands to be triple - locked, increasing by the highest of the Consumer Prices Index, average wage earnings growth or 2.5 per cent - to end the scandal of fiscal drag
The average real income of those earning # 33,000 a year fell by six per cent during 2011, according to a figure released in advance of new research by Demos, the political think tank.
That this House declines to give a Second Reading to the Welfare Benefits Up - rating Bill because it fails to address the reasons why the cost of benefits is exceeding the Government's plans; notes that the Resolution Foundation has calculated that 68 per cent of households affected by these measures are in work and that figures from the Institute for Fiscal Studies show that all the measures announced in the Autumn Statement, including those in the Bill, will mean a single - earner family with children on average will be # 534 worse off by 2015; further notes that the Bill does not include anything to remedy the deficiencies in the Government's work programme or the slipped timetable for universal credit; believes that a comprehensive plan to reduce the benefits bill must include measures to create economic growth and help the 129,400 adults over the age of 25 out of work for 24 months or more, but that the Bill does not do so; further believes that the Bill should introduce a compulsory jobs guarantee, which would give long - term unemployed adults a job they would have to take up or lose benefits, funded by limiting tax relief on pension contributions for people earning over # 150,000 to 20 per cent; and further believes that the proposals in the Bill are unfair when the additional rate of income tax is being reduced, which will result in those earning over a million pounds per year receiving an average tax cut of over # 100,000 a year.
To put that in perspective, the average homeowner in Washington, D.C. — where the average per - capita income is $ 70,000 — pays about 12 cents per kWH, according to the Department of Labor.
After adjusting for gender, income, ethnicity and socio - economic status, they found that a 1 per cent increase in birth defects was associated with an average increase of 283 per cent in cases of ASD.
In this respect, Britain is again falling behind other Western countries, with healthcare expenditure averaging only 6.9 per cent of the national income between 1980 and 2013.
Pupils from low income families had a 29 per cent chance of being rated below average at reading by teachers, compared to 20 per cent of equally able classmates from high income backgrounds.
The research defined disadvantaged children as those whose family income was below the poverty line, or 60 per cent under the average household income.
Of SATs that are overspending, the average deficit as a proportion of income within the primary sector is seven per cent compared to eight per cent for secondary academies.
I make money on seven different sources and average eighteen cents a page view because I took the time to figure out which income sources pay the most and which I could use.
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