CRA posts payroll deductions formulas for computer programs

Changes for some provinces July 1
|payroll-reporter.com|Last Updated: 06/16/2011

The Canada Revenue Agency (CRA) has posted T4127, Payroll Deductions Formulas for Computer Programs, on its website.

This publication contains recently announced tax changes that are effective July 1, 2011.

There are no changes to the federal tax rates, income thresholds or personal amounts required for July 1, but there are some provincial changes. The publication contains updated tax rates for Manitoba, New Brunswick, Nova Scotia and Saskatchewan.

The form can be found at Payroll Deductions Formulas for Computer Programs.

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