2021 Payroll Deduction Table for Newfoundland and Labrador

To help you out with payroll deductions, we’ve prepared a summary chart including all the 2021 rates for HAPSET, CPP, EI, taxes etc.

Deduction	Rate
Health and Post-Secondary Education Tax (HAPSET) Exemption Threshold is $1.3 million	Based on payroll Payroll tax of 2% on payrolls above exemption threshold More information on the Dept. of Finance website.
Employment Insurance (EI) Maximum insurable earnings: $56,300 Maximum employee premium: $889.54 Maximum employer premium: $1,245.36	Employee: 1.58 Employer: 1.58 x 1.4 = 2.21% Some employees related to the employer may be exempt from paying Employment Insurance - please read our article to learn more.
CPP Maximum pensionable earnings: $61,600 Basic exemption: $3,500 Maximum employee premium: $3,166.45 Maximum employer premium: $3,166.45 Self-employed maximum premium: $6,332.90	Employer and employee contribution rate: 5.45% Self-employed: 10.9%
Federal and Provincial income tax	Basic deduction: Federal: $151,978 or less enter $13,808 More than $216,511 enter $12,421 Between $151,978 and $216,511 either: get form TD1-WS and calculate a partial claim; or enter $12,421 Provincial: $9,536
Workers' Compensation Maximum insurable: $66,980 per person	Based on classification. Want to reduce your WorkplaceNL bill? read our information on PRIME.
Minimum wage	As of April 1, 2021: $12.50 As of October 1, 2021: $12.75

Health and Post-Secondary Education Tax (HAPSET)

Exemption Threshold is $1.3 million

Based on payroll

Payroll tax of 2% on payrolls above exemption threshold

Employment Insurance (EI)

Maximum insurable earnings: $56,300
Maximum employee premium: $889.54
Maximum employer premium: $1,245.36

Employee: 1.58
Employer: 1.58 x 1.4 = 2.21%

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

CPP

Maximum pensionable earnings: $61,600
Basic exemption: $3,500
Maximum employee premium: $3,166.45
Maximum employer premium: $3,166.45

Self-employed maximum premium: $6,332.90

Employer and employee contribution rate: 5.45%

Self-employed: 10.9%

Federal and Provincial income tax

Basic deduction:

Federal:

$151,978 or less enter $13,808
More than $216,511 enter $12,421
Between $151,978 and $216,511 either:
- get form TD1-WS and calculate a partial claim; or
- enter $12,421

Provincial: $9,536

Workers' Compensation

Maximum insurable: $66,980 per person

Want to reduce your WorkplaceNL bill? read our information on PRIME.

Minimum wage

As of April 1, 2021: $12.50

As of October 1, 2021: $12.75

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