


Self-employed can access EI special benefits. The employee contribution is 4.95 per cent, and the combined contribution from both sources is 9.9 per cent of your gross income.Įmployment insurance (EI): A percentage of gross income paid by employees and employers to provide temporary payments if workers become unemployed. Net pay: The amount of pay remaining after deductions are taken outĬanada Pension Plan (CPP)/Quebec Pension Plan (QPP): A percentage of gross income paid by employees and employers to provide income when workers retire or become disabled, or for survivor benefits. Other: Other deductions may include private pension plans, health insurance premiums, union dues and professional fees, transfers to your registered savings plans and charitable donations. The employee contribution is 4.95 per cent, and the combined contribution from both sources is 9.9 per cent of your gross income. For more information visit Service Canada website, Employment Insurance Special Benefits for Self-Employed People.Ĭanada Pension Plan ( CPP)/Quebec Pension Plan ( QPP): A percentage of gross income paid by employees and employers to provide income when workers retire or become disabled, or for survivor benefits. Gross income: The total amount of pay before any deductions are taken outĮmployment insurance ( EI): A percentage of gross income paid by employees and employers to provide temporary payments if workers become unemployed. Year to date: The total amount of pay and deductions from the beginning of the year through the current pay period.
