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Use the Payroll Deductions Online Calculator (PDOC) to calculate federal, provincial (except for Quebec), and territorial payroll deductions. It will confirm the deductions you include on your official statement of earnings. You assume the risks associated with using this calculator. The reliability of the calculations produced depends on the ...
How to calculate. Determine which method you can use to calculate deductions, get the CPP contributions tables, the EI premiums tables, the claim codes and the income tax tables to calculate manually the amount to withhold. Make corrections before filing. What to do if you want to correct deductions errors in the current tax year.
Use the PDOC to easily calculate federal, provincial (except for Quebec) and territorial payroll deductions. PDOC calculates payroll deductions for the most common pay periods (such as weekly or biweekly), based on exact salary figures. The calculator will confirm the deductions you must include on your official statement of earnings.
Payroll correspondence you need to remit (pay) Receiving payroll correspondence from the CRA. Determine if a benefit is taxable. Determine the tax treatment of payments other than regular employment income. Fill out the slips and summaries.
Calculate. These online calculators are easy to use and help take the guesswork out of taxes. Payroll deductions. Corporation instalments. My Business Account: business owners. Represent a Client: employees or representatives acting on behalf of a business. Non-resident tax. Automobile benefits.
For pensionable income between $68,500 to $73,200, use section B (ii) to calculate CPP2 contributions. See the “How to use the tables in this guide” section in the guide for instructions. Use T4032, Payroll Deductions Tables to calculate the Federal, Provincial and Territorial Income Tax Deductions, the Employment Insurance premiums, and ...
The CRA encourages employers to take advantage of our electronic payroll deductions services: Payroll Deductions Online Calculator (PDOC) – You can use this application to calculate payroll deductions for all provinces and territories except Quebec. It calculates payroll deductions for the most common pay periods (such as weekly or biweekly ...
For your 2024 payroll deductions, we strongly recommend using our PDOC. The online calculator makes it faster and easier to calculate payroll deductions. The calculator also uses exact salary figures and provides more accurate calculations. It calculates payroll deductions for the most common pay periods, as well as the applicable province ...
For each year, the CRA provides the: Maximum pensionable earnings; Year's basic exemption amount; Rate you use to calculate the amount of CPP contributions to deduct from your employees' remuneration; On this page. CPP contribution rates, maximums and exemptions; CPP basic exemption amount by pay period; References; CPP contribution rates ...
For each year on or after January 1, 2024, the CRA provides the: Additional maximum pensionable earnings; Rate you use to calculate the amount of CPP2 contributions to deduct from your employees' remuneration; On this page. CPP2 contribution rates and maximums; References; CPP2 contribution rates and maximums