Apr 1, 2010

new tax changes

We've been waiting for the confirmation on J's pay increase from the annual collective bargaining agreement (CBA) and it's not bad to get 1.5% on top of his standard annual pay increase of 3.5% (which I hope he'd get more in the next year; and me too!). It's also good news that with the recent tax changes, he's back to a lower bracket of 33%. With all that, he'd be bringing in more money on the table and that just makes the budget happier. Oh, there's also a lump sum payment of $350 that will come with the 1.5% effective mid-April. Yay!

I wish that I could get mid-year increase from CBA but I chose not to be a member of that. I don't even know if that has an effect on the salary, which I have not heard of since I've been employed at my organisation. Unfortunately, unless the tax goes into some major overhaul (or I get a lower-paying job), I can't be anywhere below 38%. Blah. That's why moving overseas seems such a luscious idea.

I'm happy overall. Life's good. :)

Happy Easter everyone!

xx, Tash

2 comments:

  1. I'm thinking of moving onto our collective agreement - now that I work weekends, their shift allowances would make a real difference to my take-home. Still have some things to sort out on that front, though.

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  2. If only there were some difference the CBA does at my workplace, I'd be in it! Glad to know that you're employed by an org/company where CBA has some tangible benefit.

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