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Example and reference only. This calculator produces illustrative estimates to help you plan. Figures are not exact, do not account for your full circumstances, and must not be used to file, remit, or make financial commitments. Confirm every amount with the CRA, Revenu Québec, or your accountant before acting on it. Nothing here is tax, accounting, or financial advice.

Payroll

Payroll Deductions Estimator

Estimate CPP, EI, and income tax withheld per pay period, plus the employer contributions that land on top of the salary. Uses 2026 ceilings.

This employee is paid

Assumes the basic personal amount only, no additional TD1 credits, no taxable benefits, and no employer pension or union deductions.

Net pay per period $1,944.45 26 pay periods a year · $50,556 net annually About $31.25 an hour at 40 h a week
True cost to employer $2,697.79 $5,143 a year above salary
Per pay period
Item Employee Employer
Gross pay $2,500.00 —
CPP contribution $140.74 $140.74
EI premium $40.75 $57.05
Federal income tax $242.58 —
Ontario income tax (incl. surtax and health premium) $131.48 —
Total deductions $555.55 $197.79
Net pay $1,944.45 —

2026 ceilings used

  • CPP rate and ceiling5.95% to $74,600
  • CPP2 rate and band4.00% from $74,600 to $85,000
  • Basic exemption$3,500
  • EI rate and maximum insurable1.63% to $68,900
  • Federal lowest rate and basic personal amount14% · $16,452
  • Canada employment amount$1,501
  • Ontario basic personal amount$12,989

New employers usually remit monthly, by the 15th of the month after you withheld the deductions. The CRA moves you to accelerated remitting once your average monthly withholding passes $25,000.

Payroll Deductions Estimator | CanadianSME