Payroll deductions | Glossary of fiscal terms used in Canada

Tax Defenders

Glossary of fiscal terms used in Canada

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Term Definition
Payroll deductions

Income tax deductions, Canada Pension Plan or Quebec Pension Plan contributions, and employment insurance premiums which are deducted from an employee's wages or salary and sent regularly to the government. Employers also make their own contributions to the Canada Pension Plan or Quebec Pension Plan and Employment Insurance.
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