[flagged]
You have to be kidding me. I really don't think Argentina is an example of a revolution anyone should follow.
A Canadian payroll dependency chart
171–180 of 301 posts
Re: A Canadian payroll dependency chart
#172It'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…
Apologies if you're already aware... In Canada you'll get an annual statement showing how much principal is paid off. So you can interpolate future payments from that. (Of course, it could be better)
Re: A Canadian payroll dependency chart
#173Earlier quoted context omitted.
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.
Canadian mortgages are a bit different than the US. First, they renew their interest rates every 5 years over a 20-30-40 mortgage. Think of it as mandatory refinancing. Unlike the US where a homeowner can lock in a low interest rate for a very long time.
That sounds terrifying. Do people just pay them off within quickly if interest rates rise?
Re: A Canadian payroll dependency chart
#174Re: A Canadian payroll dependency chart
#175It'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.
Germany has been publishing standardized flowcharts with named variables and formulas for payroll calculation for a long time (at least since the 1970s — hence the notation employed): https://www.bundesfinanzministerium.de/Content/DE/Downloads/...
Re: A Canadian payroll dependency chart
#176[flagged]
I don't have a position on whether it's a good thing or not, but it seems like the anecdote about importing a part might be the desired path for the government: Make it a huge pain to import parts so that people prefer sourcing them domestically.
Also, I've never seen a comment fall off the rails halfway through as hard as this one did.
Re: A Canadian payroll dependency chart
#177Re: A Canadian payroll dependency chart
#178[flagged]
Milei is already trying to allow employers to pay employees in meat and milk instead of currency. Anyone who is looking towards Argentina as an exciting example of what Libertarianism can do in a crisis, get ready to be deeply disappointed. I agree that (western) government has a severe problem in how it can't keep regulations streamlined, up to date, and able to be realistically met, but looking to the situation in Argentina as anything other than a disaster is telling about the view point of the author.
Re: A Canadian payroll dependency chart
#179[flagged]
The guy is raving, if he had imported it, he was going to get ripped off by private corporations not by the government.
There are no duties on importing US agricultural equipment parts into Canada, HST is max 15% so $1.50 extra. At $10 it would fit under the de minimis tax/duty value which is CAD$20, so he wouldn't even have to pay tax on it and no broker is necessary.
What did him in was the shipping cost plus UPS and a few other carriers charging totally unnecessary $20+ brokerage fees for low value shipments.
Re: A Canadian payroll dependency chart
#180Earlier quoted context omitted.
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…
Also don't get me started that I can't use an api to get my account details and statements in Canada. Anyone know if there's any ongoing effort to this effect - i.e. to force banks to implement a common API for querying data held in their accounts? A brief search reveals that Canada is of course missing from https://en.wikipedia.org/wiki/Open_banking
Don't be fooled by the "open banking" propaganda, we've had it in the EU for years and we're still scraping web apps like in the old days.
I tried to get API access to my bank account and was told by my bank that Open Banking is not for physical persons. I tried to the same for my nonprofit and was told that only licensed PSD2 TPPs ("third-party providers") can use it. The national bank issues those licenses, but provides no information on what the process for obtaining one is. I called some friends and got in touch with someone at a major payment services provider, who explained that to get their license, the national bank insisted on them having essentially unlimited-coverege insurance - something no insusrer in the country was even willing to sell at any price. They managed to get the insurance from elsewhere in the EU and whole process cost them "six figures". Even after that, you still don't get full access to their own accounts, because the whole API is built on the idea of connecting customers with fintech apps, so there are a bunch of limitations intended for privacy and security that don't make any sense in a "I want full access to my own account" scenario. All the advice I got was "just keep scraping". How the fuck do they dare call that "open" banking?!?