2013 Taxation Rates
Federal Personal Amounts... 4 Provincial and Territorial Tax Credits... 4 Canada/Quebec Pension... 7 Employment Insurance (EI) Employee... 7 Employment Insurance (EI) Employer... 7 Quebec Parental Insurance Plan (QPIP) Employee... 8 Quebec Parental Insurance Plan (QPIP) Employer... 8 Federal Taxes... 9 Provincial and Territorial Taxes... 9 Lump Sum Tax Rates... 13 Registered Pension/Savings Plans... 14 Ontario Employer Health Tax (EHT)... 14 Quebec Health Services Fund (HSF)... 14 Workers Compensation... 15
2013 Taxation Rates This guide to 2013 taxation rates has been created to assist you throughout the year. Please Note: Information contained in this guide was correct at time of publication and is subject to change. This guide contains information designed to provide general guidance and should not be relied upon as a substitute for the information published by the sponsoring agencies. For the most up-to-date information please contact the applicable government agencies.
Federal Personal Amounts The following tables provide details regarding individual tax credits and would need to be totaled for each employee. Please refer to the correct TD1 form for federal and provincial credits (outside Quebec), and to form TP-1015.3-V for Quebec credits. Federal Tax Credit July 2012 ($) January 2013 ($) Basic personal amount 10,822 11,038 Amount for an eligible dependent 10,822 11,038 Pension income amount 2,000 2,000 Age amount 6,720 6,854 Provincial and Territorial Tax Credits Alberta Tax Credit July 2012 ($) January 2013 ($) Basic personal amount 17,282 17,593 Amount for an eligible dependent 17,282 17,593 Pension income amount 1,331 1,355 Age amount 4,816 4,903 British Columbia Tax Credit July 2012 ($) January 2013 ($) Basic personal amount 11,354 10,276 Amount for an eligible dependent 9,964 8,860 Pension income amount 1,000 1,000 Age amount 4,356 4,421 Manitoba Tax Credit July 2012 ($) January 2013 ($) Basic personal amount 8,634 8,884 Amount for an eligible dependent 8,634 8,884 Pension income amount 1,000 1,000 Age amount 3,728 3,728 2013 Taxation Rates 4
Provincial and Territorial Tax Credits Newfoundland and Labrador Tax Credit July 2012 ($) January 2013 ($) Basic personal amount 8,237 8,451 Amount for an eligible dependent 6,731 6,906 Pension income amount 1,000 1,000 Age amount 5,258 5,395 New Brunswick Tax Credit July 2012 ($) January 2013 ($) Basic personal amount 9,203 9,388 Amount for an eligible dependent 7,815 7,971 Pension income amount 1,000 1,000 Age amount 4,494 4,584 Northwest Territories Tax Credit July 2012 ($) January 2013 ($) Basic personal amount 13,280 13,546 Amount for an eligible dependent 13,280 13,546 Pension income amount 1,000 1,000 Age amount 6,496 6,626 Nova Scotia Tax Credit July 2012 ($) January 2013 ($) Basic personal amount 8,481 8,481 Amount for an eligible dependent 9,761 8,481 Pension income amount 1,173 1,173 Age amount 4,141 4,141 Nunavut Tax Credit July 2012 ($) January 2013 ($) Basic personal amount 12,211 12,455 Amount for an eligible dependent 12,211 12,455 Pension income amount 2,000 2,000 Age amount 9,158 9,341 2013 Taxation Rates 5
Provincial and Territorial Tax Credits Ontario Tax Credit July 2012 ($) January 2013 ($) Basic personal amount 9,405 9,574 Amount for an eligible dependent 7,986 8,129 Pension income amount 1,300 1,324 Age amount 4,592 4,674 Prince Edward Island Tax Credit July 2012 ($) January 2013 ($) Basic personal amount 7,708 7,708 Amount for an eligible dependent 6,294 6,294 Pension income amount 1,000 1,000 Age amount 3,764 3,764 Quebec Tax Credit July 2012 ($) January 2013 ($) Basic personal amount 10,925 11,195 Amount for an eligible dependent 10,925 11,195 Pension income amount 2,090 2,140 Age amount 2,350 2,410 Saskatchewan Tax Credit July 2012 ($) January 2013 ($) Basic personal amount 14,942 15,241 Amount for an eligible dependent 14,942 15,241 Pension income amount 1,000 1,000 Age amount 4,552 4,643 1 Yukon Tax Credit July 2012 ($) January 2013 ($) Basic personal amount 10,822 11,038 Amount for an eligible dependent 10,822 11,038 Pension income amount 2,000 2,000 Age amount 6,720 6,854 1 Those who are eligible for the Age Amount are also entitled to a Senior Supplementary Amount of $1,226.00 2013 Taxation Rates 6
Canada/Quebec Pension July 2012 January 2013 Annual Maximum Pensionable Earnings $50,100.00 51,100.00 Annual Basic Exemption $3,500.00 3,500.00 Annual Maximum Contributory Earnings $46,600.00 47,600.00 Contribution Rate (outside Quebec) 4.95% 4.95% Contribution Rate (Quebec) 5.025% 5.10% Annual Maximum Employee Contribution (outside of Quebec) Annual Maximum Employer Contribution (outside of Quebec) $2,306.70 2,356.20 $2,306.70 2,356.20 Annual Maximum Employee Contribution (Quebec) $2,341.65 2,427.60 Annual Maximum Employer Contribution (Quebec) $2,341.65 2,427.60 Employment Insurance (EI) Employee July 2012 January 2013 Annual Maximum Insurable Earnings $45,900.00 47,400.00 Annual Maximum Employee Contribution (outside Quebec) $839.97 891.12 Annual Maximum Employee Contribution (Quebec) $674.73 720.48 Employee Contribution Rate (outside Quebec) 1.83% 1.88% Employee Contribution Rate (Québec) 1.47% 1.52% Employment Insurance (EI) Employer July 2012 January 2013 Standard Rate (times employee premium) 1.400% 1.400% 2013 Taxation Rates 7
Quebec Parental Insurance Plan (QPIP) Employee July 2012 January 2013 Annual Maximum Insurable Earnings $66,000.00 67,500.00 Employee Contribution Rate 0.559% 0.559% Annual Maximum Employee Contribution $368.94 377.33 Quebec Parental Insurance Plan (QPIP) Employer July 2012 January 2013 Annual Maximum Insurable Earnings $66,000.00 67,500.00 Employer Contribution Rate 0.782% 0.782% Annual Maximum Employer Contribution $516.12 527.85 2013 Taxation Rates 8
Federal Taxes $0.00 $42,707.00 15.00% $0.00 $43,561.00 15.00% $42,707.01 $85,414.00 22.00% $43,561.01 $87,123.00 22.00% $85,414.01 $132,406.00 26.00% $87,123.01 $135,054.00 26.00% $132,406.01 and over 29.00% $135,054.01 and over 29.00% Provincial and Territorial Taxes Alberta Provincial Tax ALL 10.00% ALL 10.00% British Columbia Provincial Tax $0.00 $37,013.00 5.06% $0.00 $37,568.00 5.06% $37,013.01 $74,028.00 7.70% $37,568.01 $75,138.00 7.70% $74,028.01 $84,993.00 10.50% $75,138.01 $86,268.00 10.50% $84,993.01 $103,205.00 12.29% $86,268.01 $104,754.00 12.29% $103,205.01 and over 14.70% $104,754.01 and over 14.70% Manitoba Provincial Tax $0.00 $31,000.00 10.80% $0.00 $31,000.00 10.80% $31,000.01 $67,000.00 12.75% $31,000.01 $67,000.00 12.75% $67,000.01 and over 17.40% $67,000.01 and over 17.40% 2013 Taxation Rates 9
Newfoundland and Labrador Provincial Tax $0.00 $32,893.00 7.70% $0.00 $33,748.00 7.70% $32,893.01 $65,785.00 12.50% $33,748.01 $67,946.00 12.50% $65,785.01 and over 13.30% $67,946.01 and over 13.30% New Brunswick Provincial Tax $0.00 $38,190.00 9.10% $0.00 $38,954.00 9.10% $38,190.01 $76,380.00 12.10% $38,954.01 $77,908.00 12.10% $76,380.01 $124,178.00 12,40% $77,908.01 $126,662.00 12,40% $124,178.01 and over 14.30% $126,662.01 and over 14.30% Northwest Territories Territorial Tax $0.00 $38,679.00 5.90% $0.00 $39,453.00 5.90% $38,679.01 $77,360.00 8.60% $39,453.01 $78,908.00 8.60% $77,360.01 $125,771.00 12.20% $78,908.01 $128,286.00 12.20% $125,771.01 and over 14.05% $128,286.01 and over 14.05% Nova Scotia Provincial Tax $0.00 $29,590.00 8.79% $0.00 $29,590.00 8.79% $29,590.01 $59,180.00 14.95% $29,590.01 $59,180.00 14.95% $59,180.01 $93,000.00 16.67% $59,180.01 $93,000.00 16.67% $93,000.01 $150,000.00 17.50% $93,000.01 $150,000.00 17.50% $150,000.01 and over 21.00% $150,000.01 and over 21.00% 2013 Taxation Rates 10
Nunavut Territorial Tax $0.00 $40,721.00 4.00% $0.00 $41,535.00 4.00% $40,721.01 $81,442.00 7.00% $41,535.01 $83,071.00 7.00% $81,442.01 $132,406.00 9.00% $83,071.01 $135,054.00 9.00% $132,406.01 and over 11.50% $135,054.01 and over 11.50% Ontario Provincial Tax $0.00 $39,020.00 5.05% $0.00 $39,723.00 5.05% $39,020.01 $78,043.00 9.15% $39,723.01 $79,448.00 9.15% $78,043.01 $500,000 11.16% $79,448.01 $509,000.00 11.16% $500,000 and over 13.16% $509,000.01 and over 13.16% Prince Edward Island Provincial Tax $0.00 $31,984.00 9.80% $0.00 $31,984.00 9.80% $31,984.01 $63,969.00 13.80% $31,984.01 $63,969.00 13.80% $63,969.01 and over 16.70% $63,969.01 and over 16.70% Quebec Provincial Tax $0.00 $40,100.00 16.00% $0.00 $41,095.00 16.00% $40,100.01 $80,200.00 20.00% $41,095.01 $82,190.00 20.00% $80,200.01 and over 24.00% $82,190.01 $100,000.00 24.00% N/A N/A $100,000.01 and over 25.75% 2013 Taxation Rates 11
Saskatchewan Provincial Tax $0.00 $42,065.00 11.00% $0.00 $42,906.00 11.00% $42,065.01 $120,185.00 13.00% $42,906.01 $122,589.00 13.00% $120,185.01 and over 15.00% $122,589.01 and over 15.00% Yukon Territorial Tax $0.00 $42,707.00 7.04% $0.00 $43,561.00 7.04% $42,707.01 $85,414.00 9.68% $43,561.01 $87,123.00 9.68% $85,414.01 $132,406.00 11.44% $87,123.01 $135,054.00 11.44% $132,406.01 and over 12.76% $135,054.01 and over 12.76% 2013 Taxation Rates 12
Lump Sum Tax Rates Lump Sum Federal Tax (Non-Quebec) Income Exceeding ($) Income Not Exceeding ($) July 2012 (%) January 2013 (%) 0.00 5,000 10 10 5,000 15,000 20 20 15,000 30 30 Lump Sum Federal Tax (Quebec Only) Income Exceeding ($) Income Not Exceeding ($) July 2012 (%) January 2013 (%) 0.00 5,000 5 5 5,000 15,000 10 10 15,000 15 15 Lump Sum Provincial Tax (Quebec Only) Income Exceeding ($) Income Not Exceeding ($) July 2012 (%) January 2013 (%) 0.00 5,000 16 16 5,000 20 20 2013 Taxation Rates 13
Registered Pension/Savings Plans Plan Maximums July 2012 ($) January 2013 ($) Defined Contribution Plan (DCP) 23,820.00 24,270.00 Defined Benefit Plan (DBP) 2,646.67 2,696.67 Registered Retirement Savings Plan (RRSP) 22,970.00 23,820.00 Deferred Profit Sharing Plan (DPSP) 11,910.00 12,135.00 Buyback 3,500.00 3,500.00 Ontario Employer Health Tax (EHT) Rates and ranges for 2013 have not changed. Annual Payroll Dollars Exceeding ($) Annual Payroll Dollars Exceeding ($) July 2012 (%) January 2013 (%) 600,000.01 + 1.950 1.950 400,000.01 600,000 1.950 1.950 380,000.01 400,000 1.829 1.829 350,000.01 380,000 1.708 1.708 320,000.01 350,000 1.586 1.586 290,000.01 320,000 1.465 1.465 260,000.01 290,000 1.344 1.344 230,000.01 260,000 1.223 1.223 200,000.01 230,000 1.101 1.101 0.00 200,000 0.980 0.980 Quebec Health Services Fund (HSF) Total Annual Payroll Dollars July 2012 (%) January 2013 (%) $1 million or less 2.70 2.70 More than $5 million 4.26 4.26 For employers with payrolls between $1M and $5M, determine the contribution rate based on the formula defined in the Quebec form TP-1015.G-V. 2013 Taxation Rates 14
Workers Compensation Maximum Assessable Earnings Subject to Workplace Safety and Insurance Board regulations July 2012 ($) January 2013 ($) Alberta 86,700 90,200 British Columbia 73,700 75,700 Manitoba 104,000 111,000 New Brunswick 58,100 59,500 Newfoundland and Labrador 52,885 54,155 Northwest Territories 82,720 84,200 Nova Scotia 53,900 54,400 Nunavut 82,720 84,200 Ontario 81,700 83,200 Prince Edward Island 49,300 50,000 Québec 66,000 67,500 Saskatchewan 55,000 55,000 Yukon 80,024 82,105 The rates in this bulletin were current as of December 28, 2012. The online version of this 2013 Taxation Rates guide will be updated when changes occur and can be found on adp.ca/arc. Alternatively, please consult the applicable government agency for details. 2013 Taxation Rates 15
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