{"id":145,"date":"2023-08-09T16:36:34","date_gmt":"2023-08-09T20:36:34","guid":{"rendered":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/?post_type=part&#038;p=145"},"modified":"2024-07-01T18:22:27","modified_gmt":"2024-07-01T22:22:27","slug":"iv-the-after-tax-effect","status":"publish","type":"part","link":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/part\/iv-the-after-tax-effect\/","title":{"raw":"The After-Tax Effect","rendered":"The After-Tax Effect"},"content":{"raw":"<div class=\"textbox textbox--learning-objectives\"><header class=\"textbox__header\">\r\n<p class=\"textbox__title\">Learning Objectives<\/p>\r\n\r\n<\/header>\r\n<div class=\"textbox__content\">\r\n\r\nAfter studying this section, students should be able to:\r\n<ul>\r\n \t<li>Recognize that taxes are commonly an individual\u2019s largest expense<\/li>\r\n \t<li>Be familiar with the importance of understanding tax in becoming financially independent<\/li>\r\n \t<li>List beneficial reasons to file your individual tax return<\/li>\r\n \t<li>Understand how income is taxed in Canada<\/li>\r\n \t<li>Calculate the effective tax rate and marginal tax rate for an individual<\/li>\r\n \t<li>Appreciate digital services accepted by Canada Revenue Agency<\/li>\r\n \t<li>Understand various parts of the T1 Income Tax and Benefit Return<\/li>\r\n<\/ul>\r\n<\/div>\r\n<\/div>\r\n&nbsp;","rendered":"<div class=\"textbox textbox--learning-objectives\">\n<header class=\"textbox__header\">\n<p class=\"textbox__title\">Learning Objectives<\/p>\n<\/header>\n<div class=\"textbox__content\">\n<p>After studying this section, students should be able to:<\/p>\n<ul>\n<li>Recognize that taxes are commonly an individual\u2019s largest expense<\/li>\n<li>Be familiar with the importance of understanding tax in becoming financially independent<\/li>\n<li>List beneficial reasons to file your individual tax return<\/li>\n<li>Understand how income is taxed in Canada<\/li>\n<li>Calculate the effective tax rate and marginal tax rate for an individual<\/li>\n<li>Appreciate digital services accepted by Canada Revenue Agency<\/li>\n<li>Understand various parts of the T1 Income Tax and Benefit Return<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>&nbsp;<\/p>\n","protected":false},"parent":0,"menu_order":3,"template":"","meta":{"pb_part_invisible":false,"pb_part_invisible_string":""},"contributor":[],"license":[],"class_list":["post-145","part","type-part","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/pressbooks\/v2\/parts\/145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/pressbooks\/v2\/parts"}],"about":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/wp\/v2\/types\/part"}],"version-history":[{"count":17,"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/pressbooks\/v2\/parts\/145\/revisions"}],"predecessor-version":[{"id":511,"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/pressbooks\/v2\/parts\/145\/revisions\/511"}],"wp:attachment":[{"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/wp\/v2\/media?parent=145"}],"wp:term":[{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/wp\/v2\/contributor?post=145"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/pressbooks.bccampus.ca\/financialfreedomfortrades\/wp-json\/wp\/v2\/license?post=145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}