ReFocusTax.ca Canadian Income Taxes DIY
The limits and rates related to the Québec Pension Plan (QPP) for 2016 are as follows: The maximum pensionable earnings have been increased from $53,600 to $54,900. The basic exemption is $3,500. The maximum contributory earnings have been increased from $50,100 to $51,400. The contribution rate has been increased from 5.25% to 5.325% for both employers and employees. The maximum …
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