The new year has started which means making updates to payroll deductions. To help you out, we’ve prepared a summary chart including all the 2019 rates for CPP, EI, taxes and more.
Maximum insurable earnings: $53,100
Some employees related to the employer may be exempt from paying Employment insurance – please read our article to learn more.
Maximum pensionable earnings: $57,400
Self-employed maximum premium: $5,497.80
Employer and employee contribution rate: 5.1%
Federal & Provincial income tax
• Federal: $12,069
Maximum insurable: $53,400 per person
Based on classification
Information on the 2019 employer surplus is available.
As of April 1, 2018: $11.55
As of April 1, 2019: $12.25