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-   -   CPP Calculator (https://www.revscene.net/forums/663639-cpp-calculator.html)

dasuperstar 02-24-2012 04:31 PM

CPP Calculator
 
Anyone?

I just want to know if I got charged extra.


Thanks :showbutt:

Iceman-19 02-24-2012 05:26 PM

Pretty sure CPP maxes out at 2700 or so for the year. Can't remember the exact number.
Posted via RS Mobile

tiger_handheld 02-24-2012 10:00 PM

google Tables on Diskett 2011 and run your numbers. It will tell you the amount of tax/ei/cpp you needed to have deducted per CRA.

pro tip brought to you by: D & G Consulting - Accounting | Tax | Strategy

waddy41 02-25-2012 09:34 AM

It's just a set at 4.95% of income..
First $3500 exempted, max contribution of 2,217.60
Any over payment will be refunded with your tax return

so sad, 4.95% paid to CPP and 1.83% paid to EI (2012)
and if i work smart and hard all my life i'll never see my money back at retirement...

tiger_handheld 02-25-2012 09:37 AM

Quote:

Originally Posted by waddy41 (Post 7809036)
It's just a set at 4.95% of income..
First $3500 exempted, max contribution of 2,217.60
Any over payment will be refunded with your tax return

so sad, 4.95% paid to CPP and 1.83% paid to EI (2012)
and if i work smart and hard all my life i'll never see my money back at retirement...

Sad but true :)
Should get fired so can collect on EI at least..

B!tch 02-25-2012 02:25 PM

For accurate CPP/EI/Tax calculations go to :

Payroll Deductions Online Calculator - Disclaimer

You don't have to enter your name or SIN but be sure to select the correct province and pay period type.

Keep in mind to enter your taxable benefits correctly. CPP and Tax are calculated but EI is not.

If you need help let me know.

dasuperstar 03-04-2012 08:04 PM

Thanks guys :)

zarajohn 05-17-2015 11:29 PM

HI Plush,
Canadian retirement income calculator has additionally been updated to reflect the budget. It is essentially that you calculate and report the correct deductions and insurable/pensionable income on both T4 slips.
Thanks
ZARA JOHN@


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