Quote:

---

Originally posted by Cynic

can someone explain how much percentage of CPP, EI etc are deducted from the pay. my pay check shows different figures on different months though i work 80 hrs always

---

___________________________________________________________

When you joined a job you fill in a form called " TD 1" with the Human resources Department there. In that form you have filled in columns that gives them an idea how you want the taxes deducted. So, please ask them for the copy of the original that they have on file.

I will give you the two forms that you can use. One for filling and the other one to change the way you want. See if they are available at your work place. If not ask them to file a new one for you.

HERE IS HOW THE TAX TABLES WORK AND HOW THEY ARE CALCULATED:

_______________________________________
I have provided you with a set of tablesthat you were receiving 22 pay packs per year. Here it is:
22 PAY PERIODS PER YEAR for CPP
http://www.cra-arc.gc.ca/tax/business/topics/payroll/t4008/jan08/t4008jan08-cpp22.pdf

_____________________________________
FOR INCOME TAX. SEE Table Heading from 0 - 10

No claim amount – Nul 0
Minimum – 8,681.00 1
8,681.01 – 10,551.00 2
10,551.01 – 12,421.00 3
12,421.01 – 14,291.00 4
14,291.01 – 16,161.00 5
16,161.01 - 18,031.00 6
18,031.01 – 19,901.00 7
19,901.01 – 21,771.00 8
21,771.01 – 23,641.00 9
23,641.01 – 25,511.00 10
25,511.01 and over – plus X
No withholding – E

***Go to tax tables : @ http://www.cra-arc.gc.ca/E/pub/tg/t4008-on/t4008-on-08b.pdf

After page A-6 the section 'D' starts. The tables are located in that section.
Look under your pay scale and calculate the tax deducted.
The employer must do a manual calculation of tax.
__________________________________________________________
http://www.cra-arc.gc.ca/tax/business/topics/payroll/calculating/ei/menu-e.html

EI - history and guide lines: http://www.fin.gc.ca/news04/04-074e.html
: http://www.hrsdc.gc.ca/en/ei/reports/pr2005.pdf
The Canada Employment Insurance Commission has set the 2007 premium rate at $1.80 per $100 of insurable earnings, down from the 2006 rate of $1.87. The premium rate reduction, combined with an increase in the maximum insurable earnings to $40,000, will save employers and employees $420 million.

IF YOU ARE INTERESTED TO READ AND UNDERSTAND A LOT MORE, THEN HERE IS SOME THING MORE:
http://www.fin.gc.ca/ec2006/ec/ecc2e.html

I KNOW IT IS AS CLEAR AS MUD.

What can I do?

Freddie.

TD 1: http://www.cra-arc.gc.ca/E/pbg/tf/td1/td1-08e.pdf

http://www.cra-arc.gc.ca/E/pbg/tf/t1213/t1213-04e.pdf