REVscene Automotive Forum

REVscene Automotive Forum (https://www.revscene.net/forums/)
-   The Business and Financial Forum (https://www.revscene.net/forums/business-financial-forum_303/)
-   -   Maximizing your Paycheck (https://www.revscene.net/forums/660699-maximizing-your-paycheck.html)

pankrationisfun 01-04-2012 02:09 AM

Maximizing your Paycheck
 
anyone know how to calculate how much to instruct payroll to deduct of cpp, ei, with an rrsp deduction etc so that you get the biggest paycheck each period and have a zero tax return?

Kilinim 01-04-2012 02:47 AM

Paycheque

makhna 01-04-2012 07:12 AM

https://apps.cra-arc.gc.ca/ebci/rhpd...o?lang=English

DaFonz 01-08-2012 09:59 PM

Quote:

Originally Posted by pankrationisfun (Post 7748821)
anyone know how to calculate how much to instruct payroll to deduct of cpp, ei, with an rrsp deduction etc so that you get the biggest paycheck each period and have a zero tax return?

Reducing income tax deductions

Fill out the appropriate forms and give to HR. Note that you'll need to update your provincial and federal tax forms.

Kilinim: You tard, it can be spelled paycheck too.

Paycheck | Define Paycheck at Dictionary.com

4444 01-08-2012 10:32 PM

Quote:

Originally Posted by DaFonz (Post 7754716)
Reducing income tax deductions

Fill out the appropriate forms and give to HR. Note that you'll need to update your provincial and federal tax forms.

Kilinim: You tard, it can be spelled paycheck too.

Paycheck | Define Paycheck at Dictionary.com

check is an americanism, cheque (as in paycheque) is the English, and thus Canadian way of spelling it, I believe.

We're splitting hairs, though.

CPP and EI are only of concern if you earn enough to max them out. RRSP, well as far as paying no tax/getting no tax refund, you'd better lead a pretty simple income life (which is not a good thing) to get it spot on

this post was probably not at all helpful

blkgsr 01-13-2012 10:37 AM

i alwasy just wait till the end of the year and put in how ever much rrsp is needed to not have to pay, or more if i've got the cash to get a refund


All times are GMT -8. The time now is 11:11 AM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
SEO by vBSEO ©2011, Crawlability, Inc.
Revscene.net cannot be held accountable for the actions of its members nor does the opinions of the members represent that of Revscene.net