CPP Calculator Website?

[Nir]

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.

 

[JohnKrahn]

You can calculate all your source deductions here https://apps.cra-arc.gc.ca/ebci/rhpd/startLanguage.do?lang=English

 

[Nir]

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.

 

[JohnKrahn]

$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

 

[navaz]

gross salary less 3500 annual exemption *.0495 max approx $2200 employee portion