Common Payroll Taxes

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5.68K viewsJune 14, 2021Accounting Bookkeeping HST Filings International Tax Non-Resident Taxes Personal Taxes

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Salman Rundhawa 283 September 17, 2020 0 Comments

What are the most common payroll taxes that I need to know before running the payroll for a specified period?

Salman Rundhawa Changed status to publish June 14, 2021

1 Answer

score 0 · Answer 1 · 2020-09-17T06:25:35+00:00

The Canada Pension Plan (CPP), Employment Insurance (EI), and the Income Tax; these 03 taxes which are calculated for each employee and in each payroll run. The amount of taxes withheld by the employer in each pay-check must be remitted to the CRA by the 15th of the following month.