💵Paycheque Preview
Your First Job
Paycheque Breakdown
Find out what your paycheque actually looks like after taxes and deductions. Spoiler: it's less than you think!
$16.55/hr
$15.00$25.00
10 hrs/week
5 hrs25 hrs
Weekly Pay Statement
Ontario Employee
Gross Pay (What You Earned)
$16.55 x 10 hours
$166
Deductions
Federal Tax$0.00
Provincial Tax (Ontario)$0.00
EI (Employment Insurance)-$2.75
Net Pay (What You Take Home)
$163
You earned $166 but you take home $163
That's 1.7% going to deductions ($3/week)
🎉Your annual income ($8,606) is below the basic personal amount ($16,452) — so you pay $0 income tax!
Where does your $3/week go?
Taxes and deductions pay for things everyone uses:
🏥
Healthcare
Hospitals & doctors
🛣️
Roads & Transit
Buses, highways
🏫
Schools
Education for all
👮
Emergency Services
Police, fire, EMS