Quote (SBD @ Mar 12 2024 07:39am)
Your income is still your income. Take home and income are not the same thing. You're income is no lower if you have the gov't withhold the entire thing in taxes vs not withholding any taxes and still all box 14 income. Don't confuse what you are talking about which is Net Pay to reported income / income because they are not remotely the same thing when it comes to personal taxes, gov't programs, etc.
Also CPP and EI both have caps per year where the employer is forced to stop deducting your pay and contributing, although at $1,400 per month you wont have enough insurable earnings to hit that cap.
Thank you sir.