2019 Updates (January 2019) 

Federal Tax Rates      Indexing Factor   1.5%
Income                              Federal tax rate

$12,069–$47,630 15%
$47,630–$95,259 20.5%
$95,259–$147,667 26%
$147,667–$210,371 29%
Above $210,371 33%

2019 Tax Credits                                        
Basic personal $12,069
Spouse or common-law partner $12,069
Eligible dependant amount $12,069
Age amount $7,494
Age Amount Income Threshold $37,790
Canada Employment amount $1,195
Caregiver amount (under 18) $2,230
Caregiver amount (over 18) $7,140
Caregiver Income Threshold $16,766
Disability amount $8,416
Adoption expenses $15,905
Medical expense $2,352

Multiply the exemption amounts by 15% (lowest Federal tax rate for 2019) to calculate your non-refundable credit.

2019  Unemployment Insurance
EI premium rate      1.62%.
Max insurable earnings      $53,100.00
Maximum employee premium    $860.22
Employer premiums (unchanged)     1.4 times employee contribution.
Maximum employer premium   $1204.31

2019  Canada Pension Plan
CPP Rate (unchanged)   5.10% of yearly annual pensionable earnings
Maximum pensionable earnings                                       $57,400.00
Basic pensionable earnings exemption (unchanged)    $3,500.00
Maximum employer & employee contributions               $2,748.90
Maximum self-employed contribution                               $5,497.80

2019 Other
Maximum refundable medical                $1,222
Old Age Security Clawback                  $75,910
2016 Maximum TFSA Contribution       $6,000
RRSP contribution limit                          $26,500
 

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The information contained within this website is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situatio