Assumptions

Scope and model assumptions

NetPayView models Canadian employment income with deterministic, ruleset-driven calculations.

It is not legal or tax advice.

Included

  • Federal and provincial/territorial income tax brackets for supported years.
  • CPP/QPP and EI/EI-QPIP payroll contributions based on published caps.
  • RRSP and FHSA deductions (including RRSP carryover room when provided).
  • Basic personal amount and payroll credits when the “Include credits” toggle is on.
  • Provincial surtaxes when present in published rulesets (Ontario, Prince Edward Island).

Not included

  • Self-employment income, dividends, capital gains, and investment income.
  • Spousal credits, childcare, medical expenses, tuition, and other specialized credits.
  • Benefits, deductions, or provincial premiums not present in the published rulesets.
  • Ontario health premium (ruleset data captured; calculation pending).
  • Tax planning advice or filing guidance.
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