Quote:
Originally Posted by mo_bettah
Thank goodness I'm a contractor
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How do you figure? CPP is 9.9% of income, and an employer pays 1/2 - thus I only pay 4.95% up to about $2100.
You OTOH pay the full 9.9% since your employer pays none.
That is unless you have a company and are paying yourself via dividends - thus no CPP.