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Heres hoping today's your day!

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Post by bigrex Tue 14 May 2013, 17:47

Dove, thanks for the info, but please tell us, what is the percentage of the final amount versus the gross amount after interest.
bigrex
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Number of posts : 4060
Location : Halifax, Nova Scotia
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Post by Dove96 Tue 14 May 2013, 17:23

From the calculation sheet.
Withholding taxes for "Gross offset" is 30%.
Withholding taxes for "Tax gross up" is 10%.

For reference the table headings:
First Column shows From Date To Date
Then Column headings are:
A Gross Offset Amount
B (Minus) Federal Tax
C (Minus) Quebec Tax
D Net Offset Amount (A-B-C)
E Interest on Gross Offset
F (Tax Gross Up) 3.27% of A
G (Minus) Federal Tax
H (Minus) Quebec Tax
I Overpayments - Outstanding over-payments
J Overpayments - Outstanding rehab loans
K Refund (less withholding tax and overpayment recovery)
Dove96
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Post by Guest Tue 14 May 2013, 17:17

30 percent , WTF

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Post by Guest Tue 14 May 2013, 17:03

thanks Dove ~ so 30% with holding taxes....

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Post by Dove96 Tue 14 May 2013, 17:02

30 percent
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Post by Guest Tue 14 May 2013, 13:03

Hey Dove , what was the percentage of income tax withheld, 20 or 30 percent!?

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Post by Dove96 Tue 14 May 2013, 12:54

Same person. I really do hope it is not alphabetical.
Dove96
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Post by Guest Tue 14 May 2013, 12:50

Congradulations , Dove , it's happening

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Post by Guest Tue 14 May 2013, 12:44

...congradulations again.... sunny


Last edited by Sparrow on Tue 14 May 2013, 12:54; edited 1 time in total

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Post by Guest Tue 14 May 2013, 12:40

Xcellent Dove:)?

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Heres hoping today's your day! - Page 2 Empty Delivered 14 May 1200 hours

Post by Dove96 Tue 14 May 2013, 12:17

Purolator watch confirmed! Going to the bank later today! Yea!
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Post by Guest Mon 13 May 2013, 07:39

First stop petrrborough legion , then to hamilton

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Post by Guest Mon 13 May 2013, 07:18

Purolater watch activated!

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