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Home Business & Finance Taxes How much tax would be deducted
Business & Finance

How much tax would be deducted

Hello. does anybody know how much tax would be deducted on salary of 30 K?? By the way I live in Toronto,Ontario, Canada
1 Comments


Sparky
Votes: +0

I got an estimate by using the payroll deducations calculator at the CRA web site. You said 30K per year, so the calculation I did was based on 26 bi-weekly pay periods, which would come to $1,153.84 gross every two weeks.



Federal Tax: 101.25

Prov Tax: 56.89

CPP: 50.45

EI: 19.96



Net pay: 925.29



Follow the link.



https://apps.cra-arc.gc.ca/ebci/rhpd/cal...

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