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: $12,069 (subject to change)
• 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)