New deductions effective July 1
The new payroll deductions online calculator is now available on the Canada Revenue Agency's website.
The new deductions are effective July 1.
There are no changes to the federal tax rates, income thresholds or personal amounts required for July 1, but some provincial and territorial changes have been announced.
The new calculator can be found at: www.cra-arc.gc.ca/tx/bsnss/tpcs/pyrll/menu-eng.html?=eml20110609.
