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Employment Withholdings—Federal
Canada Pension Plan
2012
2013
Maximum annual pensionable earnings
$ 50,100
$ 51,100
Basic exemption
$ 3,500
$ 3,500
Maximum contributory earnings
$ 46,600
$ 47,600
Employer and employee contribution rate
4.95%
4.95%
Maximum annual employer and
employee contributions
$ 2,307
$ 2,356
Maximum annual self-employed contributions
$ 4,613
$ 4,712
Employment Insurance
2012
2013
Maximum annual insurable earnings
$ 45,900
$ 47,400
Employee’s premium rate
1.83%
1.88%
Maximum annual employee premiums
$ 840
$ 891
Employer’s premium rate
2.56%
2.63%
Maximum annual employer premiums
$ 1,176
$ 1,248
© 2013 KPMG LLP, a Canadian limited liability partnership and a member firm of the KPMG network of independent member firms
affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. All rights reserved.
Current as of September 30, 2013