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Go Back   Canadian Financial Forums > Canadian Financial Forums > Retirement, RRSP & CPP

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Old 07-28-2009, 10:56 PM
Darpat Darpat is offline
Junior Member
Join Date: Jul 2009
Posts: 1
Default Base Income Tax Deduction for CPP

My mother is about to receive CPP cheques. I am aware that federal income tax is not deducted automatically from these cheques. What is the base percentage that should be deducted from her cheques so she doesn't end up paying money back to goverment?

Thanks in advance for your help.
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Old 07-29-2009, 02:37 PM
trent trent is offline
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Join Date: Jun 2008
Posts: 387

Welcome to the forums Darpat!

Here are 2 links that can help you with your question:
No debt
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Old 08-24-2009, 06:23 PM
Tightwod Tightwod is offline
Join Date: Jun 2009
Location: Whitby
Posts: 40

Do you know what her annual benefit amount will be? Any other sources of income?
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