|
2010 Personal Income Tax rates
|
|
|
Canadian dividends |
|
Combined fed. & prov. Rate |
|
first $35,859 |
20.06% |
10.03% |
3.03% |
(14.04%) |
|
over $35,859 up to $40,970 |
22.70% |
11.35% |
6.33% |
(10.24%) |
|
over $40,970 up to $71,719 |
29.70% |
14.85% |
15.08% |
(0.16%) |
|
over $71,719 up to $81,941 |
32.50% |
16.25% |
18.58% |
3.87% |
|
over $81,941 up to $82,342 |
36.50% |
18.25% |
23.58% |
9.63% |
|
over $82,342 up to $99,987 |
38.29% |
19.15% |
25.82% |
12.22% |
|
over $99,987 up to $127,021 |
40.70% |
20.35% |
28.83% |
15.68% |
|
over $127,021 |
43.70% |
21.85% |
32.58% |
20.00% |
2010 CPP and EI Rates
CPP contributions
The maximum CPP pensionable earnings are $47,200. Maximum contributory earnings are $43,700 ($47,200 less the basic exemption of $3,500).
Employer contribution $43,700 x 4.95% $ 2,163.15
Employee contribution $43,700 x 4.95% $ 2,163.15
Self employed person $43,700 x 9.90% $ 4,326.30
Employment Insurance
Maximum insurable earnings $ 42,300.00
Employee’s premiums 1.73% $ 731.79
Employer’s premiums 1.4 times employee’s premiums $ 1,024.51
2009 Personal Income Tax rates
|
|
|
Canadian dividends |
|
Combined fed. & prov. Rate |
|
first $35,716 |
20.06% |
10.03% |
3.16% |
(14.36%) |
|
over $35,716 up to $40,726 |
22.70% |
11.35% |
6.46% |
(10.54%) |
|
over $40,726 up to $71,433 |
29.70% |
14.85% |
15.21% |
(0.38%) |
|
over $71,433 up to $81,452 |
32.50% |
16.25% |
18.71% |
3.68% |
|
over $81,452 up to $82,014 |
36.50% |
18.25% |
23.71% |
9.48% |
|
over $82,014 up to $99,588 |
38.29% |
19.15% |
25.95% |
12.07% |
|
over $99,588 up to $126,264 |
40.70% |
20.35% |
28.96% |
15.56% |
|
over $126,264 |
43.70% |
21.85% |
32.71% |
19.91% |
2009 CPP and EI Rates
CPP contributions
The maximum CPP pensionable earnings are $46,300. Maximum contributory earnings are $42,800 ($46,300 less the basic exemption of $3,500).
Employer contribution $42,800 x 4.95% $ 2,118.60
Employee contribution $42,800 x 4.95% $ 2,118.60
Self employed person $42,800 x 9.90% $ 4,237.20
Employment Insurance
Maximum insurable earnings $ 42,300.00
Employee’s premiums 1.73% $ 731.79
Employer’s premiums 1.4 times employee’s premiums $ 1,024.51
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