Taxes in Canada 2021, How high are taxes in Canada | How to save some Tax Money in Canada.

In this video, we discuss taxes in Canada. I explained the difference between Federal Tax and Provincial Tax. We will calculate the basic tax and see how high actually taxes are in Canada. In addition to that, we also discuss how to save some tax money in Canada.
Please note, the source of the tax brackets is 'canada.ca' and they are for the year 2021 which may also change in the future. All the calculations in this video are for an explanation so do not use them for filing your taxes. They are only done to explain to you the tax system and this is just an educational video. Always consult an accountant for doing any tax-related work.
Tax Brackets Source: www.canada.ca
I hope this video will add some value to your life.
Videos Related to Canadian Student Life:
Learn These before coming to Canada: • Learn these before com...
How I got 3 job offers in Canada: • How I got 3 Field Job ...
Scope or Demand of your Course/Profession in Canada:
• Scope or Demand of you...
Succeed as an International Student in Canada: • Succeed as an Internat...
Don't do these mistakes as an International Student in Canada: • Don't do these mistake...
Things to do when applying for a Canadian student visa: • Things to do when appl...
Myths about Student Life in Canada:
• Biggest Myths about Ca...
Part-Time Jobs:
Highest Paying Part-Time Jobs for International Students in Canada: • Highest Paying Part-Ti...
How to work more than 20 hrs/week as an International Student in Canada: • On-Campus Jobs in Cana...
Should you work more than 20 hours/week as an international student in Canada?: • Should you work more t...
Finances for International Students:
Everything an international student should know about GIC in Canada: • Everything an internat...
8 Major expenses in Canada in the first month as an International Student or Permanent Resident.: • First Month Expenses i...
Worst Intake for Canada: • Worst Intake to Come t...
Disclaimer:
Please note, I am NOT an immigration consultant. I am NOT a financial advisor. I am NOT affiliated with any government organization. Any information shared in this video is based on my own experience, opinion, and research and hence should not be considered legal advice. I assume no liability for how the information in this video is used or interpreted and hence take no responsibility for any decisions that are made with regards to your application or life based on the information shared in this video. Your commitment to your application or life is critical so please do your own research before making any kind of decision. I am just a random guy on youtube sharing my experience.
Cheers
Gursahib

Пікірлер: 376

  • @GursahibSinghCanada
    @GursahibSinghCanada2 жыл бұрын

    Meanwhile Sonu Monu be like…’Kaunse $80,000’ 😅😅

  • @hakeemakmal9759

    @hakeemakmal9759

    2 жыл бұрын

    Waqaee ap k Vedeos bahuth he Delshasp aur informative hothay hay.ya may nahee kahtha coments may deko Sb Tareef krthay hay

  • @sandesh__aryal

    @sandesh__aryal

    2 жыл бұрын

    😂😂

  • @riyachauhan8269

    @riyachauhan8269

    2 жыл бұрын

    Sir can you make a video about what course are best for b. Com graduates in Canada please sir I really need guidance regarding this

  • @sidhsharma1813

    @sidhsharma1813

    2 жыл бұрын

    😂😂

  • @pradeepgowda16

    @pradeepgowda16

    2 жыл бұрын

    😂😂😂

  • @eshitagupta3480
    @eshitagupta34802 жыл бұрын

    I was waiting for this video!! You sure do know your way around making informed content. Amazing!!

  • @arshpreetsingh341
    @arshpreetsingh3412 жыл бұрын

    Congratulations for 20k😀 you actually deserve 100 times more than this

  • @kamalpreetsingh4891
    @kamalpreetsingh48912 жыл бұрын

    You earned our respect by covering these types of topics ❤ thankyou veer g!

  • @chiragalexander4414
    @chiragalexander44142 жыл бұрын

    Want to take a moment to appreciate the hard work u put in with all ur informative videos which gives us amazing clarity 💯🔥

  • @alexisxander817
    @alexisxander8172 жыл бұрын

    great video. Your channel is a hidden gem man! More people needs to know about this.

  • @avsar74
    @avsar742 жыл бұрын

    U r a genius Like a professor who teaches well and is liked by his all students

  • @sw-et1dv
    @sw-et1dv2 жыл бұрын

    Wowie...what a simplified way for explaining..I was totally confused earlier but your video cleared all those Qs...Thanks for the video, you doing a grt job...Sonu & Monu was a grt example wherein anyone can easily relate...

  • @sheilarebello4908
    @sheilarebello49082 жыл бұрын

    Very Informative and excellent explanation!! Thank you Gursahib and wish you every success in all your forthcoming vlogs!!

  • @bhattidxb
    @bhattidxb Жыл бұрын

    Menu andaza ho gya c veer ney end tey lazim kehna subscribe karn da is lye pehly e kar dta......barri wadiya info veer G. See u next year meri jan inshallah

  • @SachkiratSinghCanada
    @SachkiratSinghCanada2 жыл бұрын

    Great video Gursahib! 💯

  • @ketanmehra4632
    @ketanmehra46322 жыл бұрын

    Thankyou so much paji for all your research and time. Jo cheez othe jaa ke samajh lgni si .. tusi pehla hi dss ditta .. dhanwaad 😃😃

  • @gurmanjotsingh4081
    @gurmanjotsingh40812 жыл бұрын

    Extremely knowledgeful content. Eagerly Waiting for your next video on TFSA.

  • @vivektarsariya917
    @vivektarsariya9172 жыл бұрын

    Really appreciate your informative videos! Kindly make a detailed video on how to settle down first month for International students who come with his/her spouse. Thank you! 😊

  • @muthuprakash292
    @muthuprakash2922 жыл бұрын

    Really waiting for this thing thanks bro keep going ☺️

  • @binilsanghvi8814
    @binilsanghvi88142 жыл бұрын

    Very nice video and explained in a very concise manner!

  • @chahil7232
    @chahil72322 жыл бұрын

    Bhai your channel grown very fast. Wmk all your efforts get appreciated

  • @vaibhavivora674
    @vaibhavivora6742 жыл бұрын

    Very well explained...... Never get bore by seeing your video... Thank you so much for sharing ur experience.... It helps us a lot....

  • @hr511
    @hr5112 жыл бұрын

    great video so informative!! keep rising🙏

  • @kushpreetkumar8214
    @kushpreetkumar82142 жыл бұрын

    Was eagerly waiting for your video Great Information ✌❤

  • @yashpapaiya8364
    @yashpapaiya83642 жыл бұрын

    Wow! What a great explanation video. ❤️❤️❤️

  • @amitmalvankarone
    @amitmalvankarone2 жыл бұрын

    Thank you so much... very helpful information... keep sharing your knowledge...

  • @CleanCoder
    @CleanCoder2 жыл бұрын

    Informative... Thanks a lot for making this video !!

  • @cookathomeyummyfood5457
    @cookathomeyummyfood5457 Жыл бұрын

    Very informative video. The whole content was explained excellently.

  • @diwakarAThome
    @diwakarAThome2 жыл бұрын

    Great content! Never thought I would come across your content like this on youtube after IQB days xD Best wishes!

  • @akshitchoudhary8460
    @akshitchoudhary84602 жыл бұрын

    Only channel with genuine content ❤️ uh shine dude 🌟

  • @rishabhsoni4147
    @rishabhsoni41472 жыл бұрын

    Hey !! Your vlogs are really helpful ☺ just want to say make a video on hospitality management

  • @rishankchaudhary1629
    @rishankchaudhary16292 жыл бұрын

    Awesome Video as Always ❤️💫

  • @rekhag6176
    @rekhag61762 жыл бұрын

    Hi, very well explained. Thank you so much.

  • @daoudkhan6636
    @daoudkhan66362 жыл бұрын

    You love Hera Peri movies so much it is showed content related which is related to it. Good job 👍

  • @jitenderverma895
    @jitenderverma8952 жыл бұрын

    Aap sch me bhut अछि vedeo bnate ho..Jo students ke lie bhut beneficial hai

  • @sukshamjeetsingh2459
    @sukshamjeetsingh24592 жыл бұрын

    Gursahib you are awesome 👏 bruh appreciated you hard work waheguru ji mehr krn

  • @nilkanthbarot8773
    @nilkanthbarot87732 жыл бұрын

    Thank you for providing the best information about Canada.....

  • @patelincanada7
    @patelincanada72 жыл бұрын

    Great explanation, thanks!

  • @ammarvakharia2477
    @ammarvakharia24772 жыл бұрын

    Great work !!! In the next video, could you also please explain how to get rebate and also something about how to claim the educational expenses we pay during our student life. Thanks.

  • @ikpreetsingh6947
    @ikpreetsingh69472 жыл бұрын

    Thankyou so much for lovely and informative video.. waheguruji mehar karan 🙏

  • @mohitthareja2006
    @mohitthareja20062 жыл бұрын

    Last part trick... Was amazing ❤️

  • @ApurvaPatel027
    @ApurvaPatel0272 жыл бұрын

    Intro is awesome 🤩

  • @jaysachdeva8460
    @jaysachdeva84602 жыл бұрын

    Much awaited video thanks brother

  • @photophilic_spook
    @photophilic_spook2 жыл бұрын

    Such videos are much needed thanks

  • @happybulandpuria480
    @happybulandpuria4802 жыл бұрын

    ਬਹੁਤ ਵਧੀਆ ਵੀਰ ਜੀ । ਚੜਦੀ ਕਲਾ ਚ ਰਹੋ ।ੴ

  • @jaysonii6382
    @jaysonii63822 жыл бұрын

    Deep Insight, Thank you so much

  • @rushikeshbarve6234
    @rushikeshbarve62342 жыл бұрын

    Great video Guru!

  • @tejasponda2360
    @tejasponda23602 жыл бұрын

    Bahut vadiya paaji👏🏻

  • @farhanajariwala5958
    @farhanajariwala595811 ай бұрын

    BEST VIDEO TO LEARN ABOUT THE TAX SYSTEM OF CANADA SIR

  • @olsonpereira2405
    @olsonpereira24052 жыл бұрын

    Much needed video.. thank you

  • @shashiprakash5688
    @shashiprakash56882 жыл бұрын

    Informative video. Good Job.

  • @lauraminwang7930
    @lauraminwang79302 жыл бұрын

    Nice explanation!! Would be nice to know how to file taxes as well.. Thanks

  • @siddharthvaswade218
    @siddharthvaswade2182 жыл бұрын

    Bhai badiya explanation ♥️♥️

  • @rbans18
    @rbans182 жыл бұрын

    Very informative video. Bro, do a room tour , u have amazing aesthetic sense.

  • @vishalkhullar9672
    @vishalkhullar96722 жыл бұрын

    Watched It loved it ❣️❣️ waiting for more vids...

  • @GursahibSinghCanada

    @GursahibSinghCanada

    2 жыл бұрын

    Sure 😊

  • @valaitwale
    @valaitwale2 жыл бұрын

    Really informative 👏 👌

  • @amarjit2185
    @amarjit21852 жыл бұрын

    thanks bro very vital information about tax system....take care

  • @shreypatel7692
    @shreypatel7692 Жыл бұрын

    Very informative video man. Appreciate your effort 😃

  • @GursahibSinghCanada

    @GursahibSinghCanada

    Жыл бұрын

    Thank you 🙂

  • @rehmanpreetsingh340
    @rehmanpreetsingh3402 жыл бұрын

    Levelin up 💫

  • @sugneshpatel101
    @sugneshpatel1012 жыл бұрын

    Really awesome n informative

  • @Kamaldhootan
    @Kamaldhootan2 жыл бұрын

    Great work 👍

  • @dikshasachdeva9420
    @dikshasachdeva94202 жыл бұрын

    Really informative video👍

  • @11jsu
    @11jsu2 жыл бұрын

    hello bro. great video 👍 very informative

  • @akay2347
    @akay23472 жыл бұрын

    Superb video bro🔥🔥

  • @mdbantai3870
    @mdbantai38702 жыл бұрын

    Mast explain kiya bhai

  • @NimeshParmar-hd6tu
    @NimeshParmar-hd6tu Жыл бұрын

    Really Informative.

  • @jaskaransinghrai9161
    @jaskaransinghrai91612 жыл бұрын

    Congratulations for 20k 💯

  • @GursahibSinghCanada

    @GursahibSinghCanada

    2 жыл бұрын

    Thank you so much 😀

  • @deepdadra5640
    @deepdadra56402 жыл бұрын

    Great brother... Thank you 💐

  • @BuNtYYYY
    @BuNtYYYY Жыл бұрын

    Excellent video bro really helpful thank you brother

  • @harmankaur9098
    @harmankaur90982 жыл бұрын

    Thank you so much veera for this video ♥️♥️

  • @ashiqayaan
    @ashiqayaan2 жыл бұрын

    Good work brother! Appreciate it! Love from Bangladesh ❤️

  • @GursahibSinghCanada

    @GursahibSinghCanada

    2 жыл бұрын

    Thanks a ton :)

  • @subhojtkolay8581
    @subhojtkolay85812 жыл бұрын

    Nice work..👍🏼

  • @sakshamchhatwal4682
    @sakshamchhatwal46822 жыл бұрын

    Your topics are so unique bro and very well explained by you.👌👌

  • @GursahibSinghCanada

    @GursahibSinghCanada

    2 жыл бұрын

    Thank you so much 😀

  • @shubhamkalra-th4lp
    @shubhamkalra-th4lp Жыл бұрын

    Hi Gursahib, Thanks for such an amazing explanation and really appreciate your hard work! A quick question, is this the latest tax slab or did Canadian govt has made some changes? Thanks!!

  • @sandesh__aryal
    @sandesh__aryal2 жыл бұрын

    Thanks for the information

  • @prathamjindal19602
    @prathamjindal196022 жыл бұрын

    Valuable info.

  • @devend__
    @devend__2 жыл бұрын

    Tanks for this type of video

  • @kunalmonga8427
    @kunalmonga84272 жыл бұрын

    So informational videos u make

  • @colindabre9044
    @colindabre90442 жыл бұрын

    Fantastic calculation and we'll explained

  • @GursahibSinghCanada

    @GursahibSinghCanada

    2 жыл бұрын

    Thanks a lot 😊😊

  • @diyapatel4339
    @diyapatel43396 ай бұрын

    Thank you your videos are very informative 🙌🏻👍🏻

  • @GursahibSinghCanada

    @GursahibSinghCanada

    6 ай бұрын

    Glad you like them!

  • @diptidivecha9308
    @diptidivecha93082 жыл бұрын

    Bahut accche explain kiya bhai apne.👍

  • @GursahibSinghCanada

    @GursahibSinghCanada

    2 жыл бұрын

    Glad that you found it useful.

  • @rajeshsarange2915
    @rajeshsarange29152 жыл бұрын

    Very informative and nice vlog

  • @TheGrewals
    @TheGrewals2 жыл бұрын

    Well put together and explained. Hope now people will stop complaining about tax now. Lol. I would like to add two things here First - you can use your car in your business but canada revenue may ask for mileage data sheet. Second- in order for anyone to work as independent contractor , they have be sole proprietor (in this you have to careful because all your expenses and income cone and goes out of your personal account) Or you can have a corporation open and claim everything in that which will give you more tax savings. Thanks

  • @GursahibSinghCanada

    @GursahibSinghCanada

    2 жыл бұрын

    Thanks a lot for the awesome points ✌🏻✌🏻😊

  • @MyVibrantIndia

    @MyVibrantIndia

    Жыл бұрын

    What’s about PSB😂

  • @riteshkoli4317
    @riteshkoli43172 жыл бұрын

    Informative video

  • @lubnarahat3102
    @lubnarahat31022 жыл бұрын

    Well explained Paaji, great help. Thanks.

  • @GursahibSinghCanada

    @GursahibSinghCanada

    2 жыл бұрын

    Thank you😊

  • @inderjitsandhu8737
    @inderjitsandhu87372 жыл бұрын

    Nice video 😊 👍👍👍

  • @kovidgupta7536
    @kovidgupta75362 жыл бұрын

    Very informative video

  • @souravsaini7690
    @souravsaini76902 жыл бұрын

    awesome video sir thx for it

  • @sidhsharma1813
    @sidhsharma18132 жыл бұрын

    Great knowledge! Thanks Singh ji 😇😇

  • @GursahibSinghCanada

    @GursahibSinghCanada

    2 жыл бұрын

    👍🏻👍🏻

  • @nehaswindow841
    @nehaswindow841 Жыл бұрын

    Xcellent bro amezing

  • @humanlife1107
    @humanlife11072 жыл бұрын

    this video is very helpful for me

  • @dakshitgirdhar8780
    @dakshitgirdhar87802 жыл бұрын

    Please make a interview video with a tax lawyer and tax CPA asking them about their salary and day to day duties. Thank you

  • @mannurandhawa5011
    @mannurandhawa50112 жыл бұрын

    Very informative

  • @zoegarcia7031
    @zoegarcia70312 жыл бұрын

    Amazing video brothere! Can you please make a video about how to register a business (LLC) on student permit or work permit ?

  • @pradeepgowda16
    @pradeepgowda162 жыл бұрын

    Much needed video paaji

  • @GursahibSinghCanada

    @GursahibSinghCanada

    2 жыл бұрын

    :) Glad you liked it.

  • @kajals6920
    @kajals69202 жыл бұрын

    Ur every information is so clear n upto the mark.My nephew is going for the first time as student can u plz suggest budget pleaces for rent 🙏🙏will b highly grateful he is leaving for Ottwa this month

  • @premvalam
    @premvalam2 жыл бұрын

    Bhai aap vlog channel bhi sharu karo kyoki aapko har din dekhane ka man hota hai love u paji 🤍 love from gujarat

  • @shahriarj2931
    @shahriarj2931 Жыл бұрын

    areeee bhaiiiii aap to kamaaal ki cheese hai...

  • @computerpc-pg8xb
    @computerpc-pg8xb Жыл бұрын

    oo paji kisi ne bhi sahi nahi bataya but ap ka vedio dek ke smj aya

  • @harrysingh2657
    @harrysingh2657 Жыл бұрын

    Good work bro❤️❤️🔥🔥

  • @GursahibSinghCanada

    @GursahibSinghCanada

    Жыл бұрын

    Thanks 🔥

  • @slomoboy9485
    @slomoboy94852 жыл бұрын

    Bro, kya baat h 👌

  • @funnyanimalsjazz
    @funnyanimalsjazz2 жыл бұрын

    Thank you so muchh big brother

  • @AbhayKumar-bo9mh
    @AbhayKumar-bo9mh2 жыл бұрын

    Great bro

  • @Tamim_
    @Tamim_2 жыл бұрын

    I watch your videos from Bangladesh and it's been really helpful. I wanted to come to Canada in May session. Will it be really hard in the session breaks if you work full time? Or can I cope up and earn decent amount of money for my tuition fees?