The only time that making more money can cost you is the provincial health premiums.
For example, if you made $48,199 of taxable income and got $2 of overtime (taxable), you would end up paying $25 bucks more for the next step up of the health premium.
Rare... but it happened to me! My employer gave me an 'award' (not even cash, a gift card LOL) that was taxable and it put me over -eyeroll-.
http://www.rev.gov.on.ca/en/tax/healthp ... rates.html
For example, if you made $48,199 of taxable income and got $2 of overtime (taxable), you would end up paying $25 bucks more for the next step up of the health premium.
Rare... but it happened to me! My employer gave me an 'award' (not even cash, a gift card LOL) that was taxable and it put me over -eyeroll-.
http://www.rev.gov.on.ca/en/tax/healthp ... rates.html