Calculating your Take Home Pay in Canada

Description

Do you want to know how much you actually get to keep after you pay taxes and deductions in Canada? In this video, I’ll show you a simple tool for calculating how much income tax, Canada Pension Plan (CPP) and Employment Insurance (EI) you will pay when you live and work in Canada.

Lesson Outline

Link to Take Home Pay Calculator.

This video is for new Canadians, future Canadians and even people born in Canada who want to know how income taxes, Canada Pension Plan (CPP), Employment Insurance (EI) and Registered Retirement Savings Plans (RRSP) will affect your salary.