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In this video, I explained how the tax system works in Canada and the changes in tax brackets for 2021. I talked about the difference between average tax rate and marginal tax rates, and how taxes impact your net income when salary increases. At the end of the video, I also discussed how you can reduce your taxes with the help of credits and deductions.
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Disclaimer: I am not a financial advisor. The contents on this channel are for informational and entertainment purposes only!!
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2 окт 2024
