Quote:
Originally Posted by Eagle Eye
Hey, Just looking for some advice here.
I ended up paying the max on EI and CPP at the end of March at my old company, I have just joined a new one but I now have to pay CPP and EI all over again. My HR said there is no way to adjust those payments but I can adjust my income tax paid by the amount I am over paying.
Are there any issues in doing this? I just dont want to pay the gov an extra $3146.67 over the year (yes I realize I would get it back next April).
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I'm not sure what you mean in terms of issues? If you adjust the income tax paid, just make sure that starting next January you put it back to the full amount so that you don't end up paying for 2013 though.