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Returning Member
posted Oct 31, 2019 2:11:47 AM

I am showing CPP Contribution Payable on my tax return. I have some business income but do not want to contribute additional to CPP. How to i remove this?Thanks.

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1 Best answer
Level 15
Oct 31, 2019 2:11:49 AM

If you have net Self-Employment income over $3,500, you must pay CPP contributions on it. 

https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/payroll/payroll-deductions-contributions/canada-pension-plan-cpp/cpp-self-employed.html

1 Replies
Level 15
Oct 31, 2019 2:11:49 AM

If you have net Self-Employment income over $3,500, you must pay CPP contributions on it. 

https://www.canada.ca/en/revenue-agency/services/tax/businesses/topics/payroll/payroll-deductions-contributions/canada-pension-plan-cpp/cpp-self-employed.html