The following settings are based on the CRA document T4127–Payroll Deductions Formulas for Computer Programs – 114th Edition.
Effective July 1, 2021 the Provincial Tax Parameters will not change.
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No changes were made to Federal Tax, EI nor CPP.
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No changes are necessary for BC, Alberta, Saskatchewan, Manitoba or Ontario.
For more information, please see CRA Publication: https://www.canada.ca/en/revenue-agency/services/forms-publications/payroll/t4127-payroll-deductions-formulas/t4127-jul/t4127-jul-payroll-deductions-formulas.html