HR Payroll - Canada

A ready Canada salary structure on the EH payroll engine:

• Federal income tax on progressive marginal brackets.
• Provincial income tax on progressive marginal brackets (a separate bracket set).
• CPP (Canada Pension Plan) on pensionable earnings, which are the earnings between the basic exemption and the maximum pensionable amount.
• EI (Employment Insurance) on insurable earnings, capped at the maximum insurable amount.

The federal and provincial brackets are DATA on eh.hr.ca.tax.bracket and the CPP and EI rates, exemption and maximums are company settings: a template is seeded, but you must confirm every figure against the current Canada Revenue Agency (CRA) and provincial rates for the relevant tax year, since they are revised. The METHOD here is fixed; the rate tables are yours to keep current.

Sources: Canada Revenue Agency (CRA) federal and provincial income tax rates; CPP and EI rates and maximums. All public.