Nir 0 REIN Member Joined Dec 5, 2007 Messages 2,880 Jan 4, 2011 #1 Hello, Any recommended website where you can plug in the salary and it calculates the cpp you have to pay as an employer? no worries, I need it just as an estimate. The final numbers will go through an accountant THANKS.
Hello, Any recommended website where you can plug in the salary and it calculates the cpp you have to pay as an employer? no worries, I need it just as an estimate. The final numbers will go through an accountant THANKS.
J JohnKrahn 0 Registered Joined Dec 17, 2010 Messages 29 Jan 4, 2011 #2 You can calculate all your source deductions here https://apps.cra-arc.gc.ca/ebci/rhpd/startLanguage.do?lang=English
You can calculate all your source deductions here https://apps.cra-arc.gc.ca/ebci/rhpd/startLanguage.do?lang=English
Nir 0 REIN Member Joined Dec 5, 2007 Messages 2,880 Jan 5, 2011 #3 Thanks John, so if a corporation (employer) pays an employee say 40K salary, then both the employee and the corporation (employer) pay cpp around $2,000 each? Regards, N.
Thanks John, so if a corporation (employer) pays an employee say 40K salary, then both the employee and the corporation (employer) pay cpp around $2,000 each? Regards, N.
J JohnKrahn 0 Registered Joined Dec 17, 2010 Messages 29 Jan 5, 2011 #4 $3,333 salary per month (40k annual) results in $150 CPP for employer plus $150 for employee. See worksheet here https://apps.cra-arc.gc.ca/ebci/rhpd/handleInterview.do
$3,333 salary per month (40k annual) results in $150 CPP for employer plus $150 for employee. See worksheet here https://apps.cra-arc.gc.ca/ebci/rhpd/handleInterview.do
N navaz 0 Registered Joined Nov 12, 2007 Messages 307 Jan 7, 2011 #5 gross salary less 3500 annual exemption *.0495 max approx $2200 employee portion