a couple goes bankrupt
February 10th, 2011 by Questions
I keep reading how the maximum after tax income is $1,875 for an individual.
What is the threshold to ensure you are not having surplus income for a couple with two young children – is it $1,875 per person?
thanks
Posted from: Ontario
CATID1
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February 11, 2011 at 8:16 am, A licensed trustee said:
Single person household threshold is $1884.
Two person household is $2345.
Three people $2883
Four $3501
etc etc etc
The government releases new numbers every Mar – these are the 2010 figures.