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The formula for manually calculating the Canada Pension Plan contribution is: 1-(gross pensionable/taxable income minus the pay period exemption) multiplied by the current rate 2-(gross
The formula for manually calculating the Canada Pension Plan contribution is:
1-(gross pensionable/taxable income minus the pay period exemption) multiplied by the current rate
2-(gross pensionable/taxable income minus annual exemption) multiplied by the current rate
3-(gross pensionable/taxable income multiplied by the current rate) minus the pay period exemption
4-(gross pensionable/taxable income multiplied by the current rate) minus annual exemption
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