Income Tax Pay Day 2024 is on Monday, April 15, 2024: Worked at BK for one day, should I get paidincome taxes?

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Worked at BK for one day, should I get paid/income taxes?

I had a friend in a similar predicament.

When he worked there a few years ago, he had to pay for his uniform - so I'm not sure on your specific conditions, but if you still have the uniform, don't expect a paycheck.

Otherwise, even still, honestly, I wouldn't expect any money at all. By the letter of the law, I'm unsure. Quite frankly, you were a liability to them (as they needed an extra person working, and/or needed to dedicated someone else's hours to showing you around the place and how to do things, thus decreasing they're productivity...while you yourself did little-to-nothing to benefit them).

So if it actually went to court (which I'm sure you wouldn't be willing to do anyway), they could probably win. And they have fancy lawyers for that, if needed.

No, I wouldn't expect to get a paycheck if I were you.

how to pay income tax?

how to pay income tax?

1) how to pay the tax?

- Electronically

You can electronically using your bank's Internet or telephone banking services.

- At the bank

You can make your payment at your bank in Canada. You bring to the bank your completed remittance voucher (included in your personalized tax package) or Form T7DR(A) sent to you by CRA (Canada Revenue Agency).

- Cheque or Money Order

You send a cheque or money order with your paper tax return to "Receiver General". Your cheque or money order must be received and dated before April 30th. Mail your tax return and your payment to:

Canada Revenue Agency

875 Heron Road

Ottawa, ON K1A 1B1

- Pay by instalments

You do not choose to pay by instalments. If your primary source of income is employment income, you probably won't have to pay in instalments in future years. However, if your net tax owing is more than $2000 in either the current year or one of the 2 preceeding years, you will have to make quarterly instalments. (March 15th, June 15th, Sept. 15th and Dec 15th)

2) do you know any good tax consultants in toronto downtown area?

sorry, i'm not from toronto

3) how can i reduce my tax

You can invest in RRSP (Registered Retirement Savings Plan). RRSP is a tax deferral system. It reduces your income today and increases it in the future when you take out the money. This year and next year you will not be allowed to contribute to the RRSP since you were not in Canada throughout 2007. However, once you start contributing to RRSPs, you must be careful to not exceed your yearly limit which will be shown on your contribution assessment sent to you by CRA after you file your tax return. RRSP can also be taken out tax-free to finance the purchase of a house that will be occupied by you.

4) what is tax returns?

The tax form to file an income tax return for an individual is called a T1. On a tax return, your income (employment, business, rent, interest, dividends,...) increases your taxes to pay and certain eligible expenses and credits (eg. RRSP, child care, tuition fees, donations, medical expenses and other eligible expenses and credits) decrease your taxes owing. In January or February, your will receive a T4 slip by your employer to include in your tax return. You will also receive slips from your bank if your earned interest. You must keep and include the slips and the receipts for the expenses claimed on your tax return.

5) when should i pay

For taxation year ending Dec 31st, 2007, you must pay by April 30th, 2008. Every year, you will have to pay by April 30th. If you are a late filer, you will have to pay interest and penalties.

6) can i pay in online?

You can pay online through your bank's Internet banking service.

A few other comments on your situation:

- For 2007, you will pay taxes in Canada for March 2007 to December 31, 2007 on your worldwide income. If you earned dividends, interest, rent or any other type of income from another country you will have to pay taxes on it in Canada.

Why do Liberals think its unfair when people with higher incomes save more with tax cuts than

Why do Liberals think its unfair when people with higher incomes save more with tax cuts than people with?

Libs don't understand how taxes work. This story explains taxes quite well, however :

Suppose that every day, ten men go out for beer and the bill for all ten comes to $100. If they paid their bill the way we pay our taxes, it would go something like this:

The first four men (the poorest) would pay nothing.

The fifth would pay $1.

The sixth would pay $3.

The seventh would pay $7.

The eighth would pay $12.

The ninth would pay $18.

The tenth man (the richest) would pay $59.

So, that’s what they decided to do. The ten men drank in the bar every day and seemed quite happy with the arrangement, until one day, the owner threw them a curve. ‘Since you are all such good customers, he said, ‘I’m going to reduce the cost of your daily beer by $20. Drinks for the ten now cost just $80.

The group still wanted to pay their bill the way we pay our taxes so the first four men were unaffected. They would still drink for free. What happens to the other six men – the paying customers? How could they divide the $20 windfall so that everyone would get his ‘fair share?’ They realized that $20 divided by six is $3.33. But if they subtracted that from everybody’s share, then the fifth man and the sixth man would each end up being paid to drink his beer. So, the bar owner suggested that it would be fair to reduce each man’s bill by roughly the same amount, and he proceeded to work out the amounts each should pay.

And so:

The fifth man, like the first four, now paid nothing (100% savings).

The sixth now paid $2 instead of $3 (33% savings).

The seventh now pay $5 instead of $7 (28% savings).

The eighth now paid $9 instead of $12 (25% savings).

The ninth now paid $14 instead of $18 (22% savings).

The tenth now paid $49 instead of $59 (16% savings).

Each of the six was better off than before. And the first four continued to drink for free. But once outside the restaurant, the men began to compare their savings.

‘I only got a dollar out of the $20,’ declared the sixth man. He pointed to the tenth man, ‘But he got $10!’

‘Yeah, that’s right,’ exclaimed the fifth man. ‘I only saved a dollar, too. It’s unfair that he got ten times more than I!’

‘That’s true!!’ shouted the seventh man. ‘Why should he get $10 back when I got only two? The wealthy get all the breaks!’

‘Wait a minute,’ yelled the first four men in unison. ‘We didn’t get anything at all. The system exploits the poor!’

The nine men surrounded the tenth and beat him up.

The next night the tenth man didn’t show up for drinks, so the nine sat down and had beers without him. But when it came time to pay the bill, they discovered something important.

They didn’t have enough money between all of them for even half of the bill!

And that, boys and girls, journalists and college professors, is how our tax system works. The people who pay the highest taxes get the most benefit from a tax reduction. Tax them too much, attack them for being wealthy, and they just may not show up anymore. In fact, they might start drinking overseas where the atmosphere is somewhat friendlier.

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