Credits & Deductions

Deductions from Pay for 2018: Nunavut

Have you ever wondered how much of your earnings are going to tax, and how much you are actually taking home? It’s important to know how much you take some so that you can properly keep a budget of your income and expenses.

Here is how much you would have taken home in 2018 if you lived in Nunavut, broken down for salaries of $30,000, $100,000 and $250,000.

 

Gross Salary / Pension Income: $30,000

Tax Deducted (Federal + Provincial): $3,093

CPP Deducted: $1,312

EI Deducted: $498

Net Take Home Pay for 2018: $25,097

Monthly Pay: $2,091

Semi-Monthly Pay: $1,046

Bi-Weekly Pay: $965

 

                             

Gross Salary / Pension Income: $100,000

Tax Deducted: $21,280

CPP Deducted: $2,594

EI Deducted: $858

Net Take Home Pay for 2018: $75,268

Monthly Pay: $6,272

Semi-Monthly Pay: $3,136

Bi-Weekly Pay: $2,895

 

 

Gross Salary / Pension Income: $250,000

Tax Deducted (Federal + Provincial): $82,741

CPP Deducted: $2,594

EI Deducted: $858

Net Take Home Pay for 2018: $163,807

Monthly Pay: $13,651

Semi-Monthly Pay: $6,825

Bi-Weekly Pay: $6,300