Hi Everyone,
What are the payroll deductions in Canada, (I know taxes varies based on the provenience) . But in general what are the tax deductions, I have seen
Canada Pension Plan (CPP) deductions1
Total tax on salary or pension income
sections on on-line payroll calculators (https://easytaxca.com/payroll-calculator-2017/). What are the components of 401k out of these two.
Are there any tax deductions such as home loan interest or something else can be for tax deductions?
Thanks