2022 Payroll Deduction Table for Nova Scotia

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

Deduction	Rate
Employment Insurance Maximum insurable earnings: $60,300 Maximum employee premium: $952.74 Maximum employer premium: $1,333.84	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: $64,900 Basic exemption: $3,500 Maximum employee premium: $3,499.80 Maximum employer premium: $3,499.80 Self-employed maximum premium: $6,999.60	Employer and employee contribution rate: 5.7% Self-employed: 11.4%
Federal & Provincial income tax	Basic deduction: Federal $155,625 or less: $14,398 More than $221,708: $12,719 Between $155,625 and $221,708, either: get Form TD1-WS and calculate a partial claim; or Enter $12,719 Provincial: $8,481 (May be higher depending on your annual income)
Workers’ Compensation Maximum insurable: $69,000 per person	Based on classification Need help navigating through a WCB Claim? The Employer Advisor is there to help.
Minimum wage	As of April 1, 2021: $12.95 Starting April 1, 2022: $13.35 Starting October 1, 2022: $13.60

Employment Insurance

Maximum insurable earnings: $60,300
Maximum employee premium: $952.74
Maximum employer premium: $1,333.84

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: $64,900
Basic exemption: $3,500
Maximum employee premium: $3,499.80
Maximum employer premium: $3,499.80

Self-employed maximum premium: $6,999.60

Employer and employee contribution rate: 5.7%

Self-employed: 11.4%

Federal & Provincial income tax

Basic deduction:

Federal

$155,625 or less: $14,398
More than $221,708: $12,719
Between $155,625 and $221,708, either:
- get Form TD1-WS and calculate a partial claim; or
- Enter $12,719

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

Workers’ Compensation

Maximum insurable: $69,000 per person

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

Minimum wage

As of April 1, 2021: $12.95

Starting April 1, 2022: $13.35

Starting October 1, 2022: $13.60

January 7, 2022