Paycheque Decoder
Understand where every dollar of your paycheque goes. Enter your salary and see a complete breakdown of taxes, CPP, EI, and take-home pay.
Your Pay Details
Adjust your salary, province, and pay frequency to decode your paycheque.
Health, dental, vision plans
Employer pension plan (e.g. OMERS, HOOPP)
Your Pay Stub
Bi-weekly pay — Ontario
Pay Period
26 periods / year
Deductions
$5,397/yr
$2,253/yr
$3,064/yr
$896/yr
Where Your Pay Goes
Pay Breakdown
Annual Gross vs Net
Gross
$55,000
Net
$43,389
Effective Total Deduction Rate
You Keep
Did You Know?
Canadian payroll facts that might surprise you.
CPP is Matched by Your Employer
You pay $3,064/yr in CPP, but your employer contributes the same amount on top. That means $6,129/yr is going toward your future pension.
EI Premiums Have a Cap
Your EI premiums max out at $1,123.07 per year (2026). Once you hit that cap, no more EI is deducted from your remaining paycheques.
Your First ~$16,452 is Tax-Free
The federal basic personal amount means you pay $0 federal tax on approximately the first $16,452 you earn. Your province has its own personal amount too.
RRSP Contributions Lower Your Tax
If you contributed $5,000 to an RRSP, you could save approximately $1,039 in income taxes this year. That money grows tax-deferred until retirement.