Cause if you make less money, you pay less tax on that money so therefore you make more money in the long run. Does that not make sense. So the government is just trying to help ease the tax burden on us poor guys.
As long as it's calculated and added to our pay before the pay drop on the 16th-17th, we'll get it end month. If it doesn't make it into the system before that, don't expect to see it until mid-Mar. So they've got 7 working days for it to happen prior to the pay drop.
I hate to spread rumours but I heard it was going to be between 2 and 2.4% (backdated to 1 Apr 04) depending on whether you are an officer or NCM. There seem to be alot of rumours floating around so it is a good indication that an announcement will be made soon.
Until the CANFORGEN is issued, anything anyone posts here regarding the percentages we will get, when it is back dated till and when we will see it on our pay is hearsay.
As you may have read elsewhere on here, numbers came from pay&policy in Ottawa, rates and numbers were calculated and distributed by a someone in Gagetown. Canforgen will be out Monday officially. Then again it could all be just another big rumour, but it is pretty solid.
I know, its the housing market that seems to go up every year which means pmq rent goes up..thats why this is my last q, next posting will be buying a house. Out of my four q's, this has been the worst so its time to get out of this racket.
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