Tax Facts and Numbers 2011

Here are a few interesting facts about income tax in Canada.  These numbers were taken from Statistics Canada’s annual “Income tax . . . by the numbers” and are meant to give taxpayers an general overview about income tax in Canada.

Online tax filing

  • 3.7 million – The number of taxpayers who file their income tax returns online from home (also known as netfile) in 2009.  This was up from 3.1 million in 2007.


Personal taxes

  • 20% - The proportion of the average household’s budget in 2009 that was spent on taxes (including federal and provincial income and payroll taxes as well as other provincial taxes, such as the land transfer tax, but not the Goods and Services Tax or GST or Harmonized Sales Tax or HST).


Taxes & Canadian families

  • $8,800 – The median amount of federal and provincial income taxes paid by families in Canada in 2008.

  • $63,900 – The median after-tax income of Canadian families in 2008.


Taxes Collected

  • $189.2 billion – The amount of personal income taxes collected by the federal, provincial and territorial governments in 2009.

  • $50.3 billion – The amount of corporate income taxes collected by the federal, provincial and territorial governments in 2009.


Charitable donations

  • $250 – The median charitable donation in Canada in 2009

  • $5.6 million – The number of Canadian tax filers reporting charitable donations in 2009.

  • $7.7 billion – The total value of charitable donations for which a tax receipt was issued in Canada in 2009.


Investment Income

  • 8.2 million – The number of Canadian tax filers reporting income from investments in 2009, down from 8.9 million in 2008.

  • $50.9 billion – The total value of income from these investments in 2009, down from $51.1 billion in 2008.


These are just some of the tax facts and numbers made available by Statistics Canada.  You can view the full report at http://www42.statcan.ca/smr08/2011/smr08_154_2011-eng.htm.

Reference:  Statistics Canada, “Income tax . . . by the numbers 2011”  http://www42.statcan.ca/smr08/2011/smr08_154_2011-eng.htm
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