Canada Percentage Tax Rates

Human Resources>File>Percentage Tax Rates

 These rates can be adjusted as often as necessary to keep up with the changing tax laws. Any adjustments made will be reflected on all subsequent pay processing.

For each enter:
Account
Enter the withholding account for each tax designation.

Sub Account
Enter as desired

Cycle
Per Pay Cycle/ Per Year/ Per Hour

Indicate the time frame in which the limits for withholding this tax apply.

Gross to Use
Select the base (CPP/EI) on which this tax rate will be calculated.

Employee Rate & Limit
Enter the applicable EMPLOYEE rate level and limit for this tax. These numbers will be supplied with the annual payroll update.

Employer Rate & Limit
Enter the applicable EMPLOYER rate level and limit for this tax. These numbers will be supplied with the annual payroll update.