Hello,
Is there any website which shows 'take home' salary based on gross salary and family size
Cheers
http://www.cra-arc.gc.ca/tax/business/tod/menu-e.html
You can download TOD, or order a CD. You can enter gross amount and it will give you all deductions and net income.
Thanks
"You can download TOD, or order a CD. You can enter gross amount and it will give you all deductions and net income."
You have to modify the result of the TOD calculation.
TOD will not give you the amount of CCTB (Canada child tax benefit) and NCBS (National Child benefit supplement) , OCCS (Ontario Child Care Supplement) and GST Credit that you may be eligible for. Moreover it will overstate your CPP and EI deductions making your take home pay look smaller!!!
Thanks Aashu and NorthYorkDesi
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