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June 10 is Happy Tax Freedom Day 2018!

June 15, 2018 Yosie Saint-Cyr, LL.B. Managing Editor Employee Relations, HR Analytics, Human Resources, Payroll, Pensions and Benefits, Source Deductions and Reporting, Wages and Compensation

The Fraser Institute recently announced that June 10 is Tax Freedom Day 2018 (although the date varies depending on where you live in Canada). According to the Fraser Institute calculations, from that day onward, employees are finally working for themselves and their families. Moreover, if you had to pay all your taxes up front to different levels of government, you are now in the clear to keep the rest of your earnings until a new year begins.

accounting, earnings, finance, income, provincially levied tax burden, Tax Freedom Day 2018, taxes, The Balanced Budget Tax Freedom Day, The Fraser Institute