2021 July Payroll Tax Changes
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.
No changes were made to Federal Tax, EI nor CPP.
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