is possible to pay CPP every month during the year as a self-employed individual?

Question

2385 viewsMarch 16, 2017Personal Tax

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Anonymous Posted March 16, 2017

I am self employed and I was wondering if is possible to pay CPP every month during the year instead of the end of the year.
Thank you in advance

1 Answer

score 0 · Answer 1 · 2017-03-16T14:01:29+00:00

You can make tax installments during the year to the CRA. This will be applied towards income taxes + CPP premiums payable on self employment earnings.

is possible to pay CPP every month during the year as a self-employed individual?

1 Answer

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