2020 Payroll Deduction Table for Nova Scotia

Deduction

Rate

Employment Insurance

Maximum insurable earnings: $54,200
Maximum employee premium: $856.36
Maximum employer premium: $1,198.90

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: $58,700
Basic exemption: $3,500
Maximum employee premium: $2,898.00
Maximum employer premium: $2,898.00

Self-employed maximum premium: $5,796.00

Employer and employee contribution rate: 5.25%

Self-employed: 10.5%

Federal  & Provincial income tax

Basic deduction:

Federal

• $150,473 or less: $13,229
• More than $214,368: $12,298
• Between $150,473 and $214,368, either:
  • get Form TD1-WS and calculate a partial claim; or
  • Enter $12,298

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

Workers’ Compensation

Maximum insurable: $62,000 per person

Based on classification

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

$12.10 / hour (Experienced Rate)

$11.60 / hour (Inexperienced Rate)