2019 Payroll Deduction Table for Prince Edward Island

Employment Insurance

Maximum insurable earnings: $53,100
Maximum employee premium: $860.22
Maximum employer premium: $1,204.31 

Employee: 1.62
Employer: 1.62 x 1.4 = 2.268%

Some employees related to the employer may be exempt from paying Employment insurance – please read our article to learn more.

CPP

Maximum pensionable earnings: $57,400
Basic exemption: $3,500
Maximum employee premium: $2,748.90
Maximum employer premium: $2,748.90

Self-employed maximum premium: $5,497.80

Employer and employee contribution rate: 5.1%

Self-employed: 10.2%

Federal  & Provincial income tax

Basic deduction:

• Federal: $12,069
• Provincial: $9,160

Worker's Compensation

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