I am thinking on moving to Canada but I want to calculate what my salary would be after taxes. I am using the tax calculator at https://simpletax.ca/calculator but there's still one thing I can't wrap my head around:
In CPP, both the employer and the employee pay a part of the pre tax salary. For a salary over $57,400, what I expect to be my case, both the employer and the employee contribute 5.1% (see here).
What I don't understand is whether the employer pays their 5.1% through their money, or through my salary? Can I trust $3609 per year the calculator gives me based on a $67,200 a year salary? (That number also includes EI.)
Thanks in advance.