When you got an $3k annual increase and ended up paying more taxes and net -$1 🙄

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Be glad you get an annual increase 🙄🤨

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Is it possible to increase your RRSP?

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Good idea! It’s not a huge inc but better pocket it

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Pardon my ignorance, but how is that possible? Isn’t the taxation only on additional income?

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And union

That doesn't make any sense at all, taxes don't work that way.

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It is because of the increase in CPP payments this year, even without the increase in pay there would have been a drop in after tax income.

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Welcome to Canada lol the sheer amount of taxation is absolute madness, especially if you’re living in Ontario or Quebec. 😂

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Welcome to Canada fam

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