Contribution rates
Rates | 2023 | 2024 |
---|---|---|
Employee | 0.494% | 0.494% |
Employer | 0.692% | 0.692% |
Maximum Annual Contribution and Maximum Insurable Earning
Amount | 2023 | 2024 |
---|---|---|
Employee | $449.54 | $464.36 |
Employer | $629.72 | $650.48 |
Maximum Insurable Earnings (MIE) | $91,000.00 | $94,000.00 |
At Nethris, our goal is to help Canadian companies keep up with rapidly changing legislation and to understand the impact of certain governmental requirements on payroll and human resources management. However, the information on this page is intended as a guideline. In the event of a discrepancy between the content of this page and the information provided by official agencies, the latter always takes precedence. Nethris is not responsible for errors and omissions that may be on this page nor for consequences resulting from its use.