The Employment Insurance premium rate for 2023 is set at 1.63%.
January 2023 - Akler Browning LLP
Latest news and regulations from the financial world.
The Québec Pension Plan contribution rate for 2023 is set at 6.40% of pensionable earnings for the year.
The Canada Pension Plan contribution rate for 2023 is set at 5.95% of pensionable earnings for the year.
Dollar amounts on which individual non-refundable federal tax credits for 2023 are based, and the actual tax credit claimable, will be as follows:
The indexing factor for federal tax credits and brackets for 2023 is 6.3%. The following federal tax rates and brackets will be in effect for individuals for the 2023 tax year.
Each new tax year brings with it a listing of tax payment and filing deadlines, as well as some changes with respect to tax saving and planning strategies. Some of the more significant dates and changes for individual taxpayers for 2023 are listed below.