Canada changes to Net Claim Amount on Paycheques (part 2)
Thanks Gillian for your prior answer. I wasn't sure if you would see my follow-up question. That does help. Our organization opted to put everyone's basic federal tax exemption to $14,398, even for those whose income greater than $155,625 (realizing they might be slightly under-taxed). Will these changes mean that the message displayed on these people's paychecks (i.e. those with Tax Date of 14,398 and income greater than 155,625) will see a message that the Net Claim used was $12,719?