2021 Payroll Deduction Table for Nova Scotia

Deduction

Rate

Employment Insurance

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: $5,796.00

Employer and employee contribution rate: 5.45%

Self-employed: 10.9%

Federal  & Provincial income tax

Basic deduction:

Federal

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

Provincial: $8,481 (May be higher depending on your annual income)

Workers’ Compensation

Maximum insurable: $64,500 per person

Based on classification

Need help navigating through a WCB Claim?  The Employer Advisor is there to help.

As of April 1, 2021: $12.95