Question
I see that CPP2 will be automatically be done but what amount or % is CPP2 being automatically added as? Does it account for those who want to contribute the max amount?
A client is asking for an adjustment of their payroll from 68,500 to 73,200 and I'm assuming they mean the new CPP2. I can't see any information in QBO Online aside from a new "second CPP" box being added. I can't see what the amount is going to be nor how it can be adjusted (need-be).
I read somewhere that it was being done automatically but want to be sure before I provide my findings to my client.
I read somewhere that it was being done automatically but want to be sure before I provide my findings to my client.
