How much do tax lawyers make in Canada?
The below list is a general breakdown of how much tax lawyers make in Canada. While the average salary varies depending on the type of tax lawyer you are looking for and the location you are in, these numbers give you a good idea of how much you can potentially make working as a tax lawyer.
How much does an experienced tax lawyer make in Canada?
As previously mentioned, tax lawyers vary greatly depending on the level of experience they have. An experienced tax lawyer who has been in practice for more than 10 years might be able to charge between $200 and $500 per hour. On the other hand, a tax lawyer who is just starting their career might charge somewhere between $75 and $100 per hour.
How much do tax lawyers make in Canada as a first year lawyer?
By default, a graduate tax lawyer in Canada earns between $50,000 and $65,500 per year. According to PayScale, this salary is quite similar to what a paralegal or legal assistant earns. However, since tax lawyers are responsible for so many aspects of a tax case, their pay is often higher than that of the paralegals working on the case.
How much do tax lawyers make an hour in Canada?
In a busy tax practice, an experienced tax lawyer may bill between $300 and $500 per hour depending on the complexity of the case. Generally speaking, the more complex the tax case, the higher the hourly rate. There are also some lawyers who charge flat fees, which usually aren’t more than $2,500, but which depend on the amount of work involved.
How much do tax lawyers make in Canada as an entry level?
The bottom end of the tax lawyer pay range for an entry-level position is around $40,000 to $50,000 per year. This salary will vary depending on where you live and the particular skill set you bring to the table. If you have a background in finance or accounting and want to specialize in tax, you can expect to make less. Tax lawyers who have a graduate degree or specialized certification can expect to earn more.