The solution is not to automate or codify any of this, it's to remove it. This is utter nonsense. What problem could this possibly solve other than widening the equality gap?
A Canadian payroll dependency chart
91–100 of 301 posts
Re: A Canadian payroll dependency chart
#92In France, these rules are available as a website, an API, a NPM package, and raw rules in the https://publi.codes language. https://mon-entreprise.urssaf.fr/développeur
thats pretty cool, I wonder though what the implication is if there is a bug or package hijacking? Are you expected to cross check the calculations and they are only offered as a convenience, and not authoritative?
Do you also worry that rogue employees or literally anybody with the keys to the office of a printer could have been changing the texts of laws as printed in official publications and books for the past few hundred years?
If not, why not?
Re: A Canadian payroll dependency chart
#93Earlier quoted context omitted.
Im in the same boat - would you mind explaining to us every other Friday folk why the employer match isn’t free money?
The above comment is just an incoherent, off topic rant. Ignore it - it's verbal diarrhea. Employer match is "free money" (there's no "gotcha" other than vesting schedules) and 401k is a part of the American tax code whereas this is an article about Canadian payroll. I presume they are complaining about the fact that employers actually budget their match it as part of total compensation or whatever. So it's "really j…
The basic 401(k)/403(b) rough equivalent in Canada is an RRSP. They also commonly have employer match sometimes. There are differences of course.
Re: A Canadian payroll dependency chart
#94The fun part about being Canadian is that you get to compete with the entire world for remote jobs with Canadian companies, but no company based outside of Canada wants to deal with hoops required to hire a remote employee based in Canada if they don’t already have a presence here.
This is pretty true most places, hiring non contract (e.g. full time) employees in a different country is a pain in the ass. Europe is trickier than Canada, fwiw, on average at least.
These days there are a number of companies that specialize in simplifying this, including liability shields, but of course for a fee.
Honestly it’s easier to do it as consulting or freelance contracts, but that puts the employee in exactly the same position as OP. Still, for e.g. typical tech jobs an account to sort it all out for you will be maybe 3k or so, many will opt for that.
Re: A Canadian payroll dependency chart
#95Are there any countries with good, reasonable tax systems? I'm only familiar with Canada and the USA, both of which are a bit of a mess, though seemingly in different ways. I'd be very interested in hearing what the process is like in other places.
The Faroe Islands have the best one according to this article I read recently https://prospect.org/world/best-tax-system-on-earth-faroe-is...
Re: A Canadian payroll dependency chart
#96Are there any countries with good, reasonable tax systems? I'm only familiar with Canada and the USA, both of which are a bit of a mess, though seemingly in different ways. I'd be very interested in hearing what the process is like in other places.
Depends on your circumstances. The UK seems reasonable for most.
For the employed, you let your employer worry about it. You might occasionally get given a "tax code" which essentially equates to your tax free allowance. If that happens you just let your employer know and they'll sort it, and you can confirm by checking your payslip.
If you're determined to have over or underpaid tax (e.g. your income went down unexpectedly), your tax code for the following year will be adjusted so that you'll end up clawing back the money over time.
Unless you are self employed or have special circumstances, then you'll avoid having to file a "self assessment" form.
And to be clear, the "special circumstances" are nothing like the US' system of hundreds of different "deductions".
Even if you do have to fill in a self assessment form, you can do so with an online form, which actually takes into account answers rather than making you manually have to do things such as "Skip section 5 if you have put a number of in section 4b or a number less than 3340 in section 2a" that the US forms love to make you do.
Filing my US taxes is literally 99% of all paperwork I have to do each year, and I don't even earn enough to actually have to pay anything. Yet I still have to calculate everything, then write down the right numbers in the "foreign earned income exclusion" boxes, then tally it all up to make sure it's still zero, then make sure I've copied the right numbers to the right boxes and haven't mistakenly transposed any numbers, then copy those zeroes down to the right boxes through the rest of the 1040.
The UK has had this system for decades, it has had online tax filing since 3 July 2000. It's had PAYE (pay as you earn tax, i.e. tax deduction at source) since 1944.
The UK feels stagnant as heck, so I wouldn't recommend people actually move here, but its tax system is trivial to the point of ignorable if you're employed.
Re: A Canadian payroll dependency chart
#97Earlier quoted context omitted.
It would be very nice if they would publish a libreoffice spreadsheet, yes. Heck, it would be very nice if they would create a libreoffice spreadsheet, even if they don't publish it. If they had to read their own document, it would probably be far better written.
> If they had to read their own document, it would probably be far better written. Perhaps not; I've always had a strong impression, whenever reading documents derived from tax policy, that the "architecture" of such documents is the way it is mainly for maintainability . Which is to say: the effective tax code at any given moment, is the emergent result of the interactions of all the current tax laws on the books. A…
I have a simpler theory.
The law is the way it is because of the influence of lobbyists. Those lobbyists include lobbyists for companies that do things like payroll. They would like the system to be complex to provide a regulatory moat that keeps other businesses from competing with them. And by siding with this or that special interest that cares about their piece more than how sensible the whole is, the law is easy to turn into a mess.
Re: A Canadian payroll dependency chart
#98Devil's advocate: I have never seen a GraphViz plot that didn't look like spaghetti, so the fact that this plot looks like a mess doesn't mean much to me.
Re: A Canadian payroll dependency chart
#99It's a shame that we don't have open formulas in code form published by the government. The only way that I know how to do this reliably is using the web form provided by the CRA here: https://www.canada.ca/en/revenue-agency/services/e-services/... As you can imagine, doing this by hand is quite painful and error-prone.
I want something similar for my mortgage calculation. For example I cannot get my bank (TD Canada) to inform me of how much each payment goes towards my principal. I'm pretty sure I've calculated it properly, however the number is often in the 10's of dollars off from what the bank reports my outstanding balance is after a payment is made. Also don't get me started that I can't use an api to get my account details an…
What is your mortgage amount and what is rate?
Say your mortgage is 300,000 and rate 5%. You would pay 15,000 in interest. Subtract from your total yearly payment say 25,000. You pay back 10,000 a year divide by 12 for months or payment period to get the amount.
Re: A Canadian payroll dependency chart
#100I'm in the US but I'll say for sure that things like this are about half the reason I haven't hired any employees for my LLC. I wish I could, but I'd be de facto hiring an accountant as well!