Your browser does not support JavaScript.
PayrollTermsLexicon.ca
CTRL
K
PayrollTermsLexicon.ca
Start Here
All Sections
Pay Basics
Paycheque & Pay Run
Earnings & Compensation
Statutory Deductions
Taxable Benefits
Time & Special Pay
CRA Remittances
Year-End Reporting
ROE & Termination
Quebec & Provincial
Theme
Auto
Dark
Light
Home
Categories
Statutory-Deductions
Statutory-Deductions
11
Posts
1
Sections
1
Types
Statutory Deductions
CPP
Statutory-Deductions
What CPP means in Canadian payroll, how it appears on a paycheque, and why payroll tracks pensionable earnings separately.
Read more about CPP.
Statutory Deductions
CPP2
Statutory-Deductions
What CPP2 means in Canadian payroll and how the second additional CPP contribution can appear beside regular CPP deductions.
Read more about CPP2.
Statutory Deductions
EI
Statutory-Deductions
What EI means in Canadian payroll, how it appears on a paycheque, and why payroll tracks insurable earnings.
Read more about EI.
Statutory Deductions
Federal Income Tax Deduction
Statutory-Deductions
What federal income tax deduction means in Canadian payroll and how it fits inside source deductions on a paycheque.
Read more about Federal Income Tax Deduction.
Statutory Deductions
Income Tax Deduction
Statutory-Deductions
What an income tax deduction means in Canadian payroll and how it differs from CPP, EI, and the employee's final tax bill.
Read more about Income Tax Deduction.
Statutory Deductions
Insurable Earnings
Statutory-Deductions
What insurable earnings mean in Canadian payroll and why EI calculations use this base instead of gross pay alone.
Read more about Insurable Earnings.
Statutory Deductions
Pensionable Earnings
Statutory-Deductions
What pensionable earnings mean in Canadian payroll and why CPP calculations use this base instead of gross pay alone.
Read more about Pensionable Earnings.
Statutory Deductions
Provincial Income Tax Deduction
Statutory-Deductions
What provincial income tax deduction means in Canadian payroll and how province-specific withholding sits beside federal tax deductions.
Read more about Provincial Income Tax Deduction.
Statutory Deductions
Source Deductions
Statutory-Deductions
What source deductions means in Canadian payroll and how the term connects employee deductions to employer remittance.
Read more about Source Deductions.
Statutory Deductions
Statutory Deductions
Statutory-Deductions
Mandatory Canadian payroll deduction terms including source deductions, income tax deduction, CPP, EI, pensionable earnings, and insurable earnings.
Read more about Statutory Deductions.
Statutory Deductions
TD1
Statutory-Deductions
What TD1 means in Canadian payroll and how the form affects income tax withholding during payroll processing.
Read more about TD1.