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Old 04-24-2005, 10:24 PM   #1
Myst
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Canadians - how much did you pay for your CPP/EI?

For taxes thsi year..

or..
how much did u pay in taxes altogehter?
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Old 04-24-2005, 10:27 PM   #2
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Always get money back and pay the maximum EI
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Old 04-24-2005, 10:38 PM   #3
Myst
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?????????????
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Old 04-24-2005, 10:48 PM   #4
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thsi year me get 600 back...
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Old 04-24-2005, 10:50 PM   #5
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CPP?
EI?

I am not "unemployed".
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Old 04-24-2005, 11:04 PM   #6
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I don't want to know but I find out on Tuesday.
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Old 04-24-2005, 11:30 PM   #7
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Quote:
Originally Posted by Steen2
CPP?
EI?

I am not "unemployed".
Every Canadian has to pay into those, even self-employed. Did you not read the title of the thread?
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Old 04-25-2005, 05:55 AM   #8
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Quote:
Originally Posted by Kassidy
Every Canadian has to pay into those, even self-employed. Did you not read the title of the thread?
Actually, self-employed people should not pay EI premiums.
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Old 04-25-2005, 07:06 AM   #9
Myst
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so you guys paid
$0 EI?
$0 CPP?
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Old 04-25-2005, 07:28 AM   #10
ravo
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Quote:
Originally Posted by Myst
so you guys paid
$0 EI?
$0 CPP?
Everyone, employed and self-employed must pay CPP.

If you own 40% or more of the shares in your biz, EI payments are optional.
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Old 04-25-2005, 08:33 AM   #11
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i handed in my t4's so not ssure, i paid around $2500 in taxes though.
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Old 04-25-2005, 08:35 AM   #12
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I paid $0 EI. Self Employed.

I maxed out the CPP contribution. Forget what it is though.

In the end, I owe close to $6k in taxes, even with all the write-offs I can scrounge up. It's crap.
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Old 04-25-2005, 11:34 PM   #13
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so u really dont have to pay cpp/ei if youre self employed?
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Old 04-26-2005, 01:11 AM   #14
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I'd have to ask my accountant if I've contributed to CPP, but I know I haven't paid in cent one to EI in close to a decade now, which spanned a period both as sole proprietor and, post incorporation, as president. I don't believe I've made any CPP contributions.

I have, however, maxxed out my RRSPs.

Hell, for all I know I may have some unused EI contributions that I'd made ages and ages ago and never drew on.
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Old 04-26-2005, 01:13 AM   #15
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taxes make me want to move out of this country. I'm going to japan.
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Old 04-26-2005, 01:17 AM   #16
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The Bahamas are looking pretty good right about now...
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Old 04-26-2005, 01:18 AM   #17
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The Bahamas are looking pretty good right about now...
WG
what about the departure tax though?

that's the main reason I didn't leave when it was time, in 2001
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Old 04-27-2005, 02:34 AM   #18
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bumpie 8
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Old 04-27-2005, 02:35 AM   #19
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I just finished my self employment taxes , its so depressing how much i owe to the cnd gov't
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