2012 Rates and Maximums Chart

CPP/QPP – 2012
Year’s Maximum Pensionable Earnings $50,100.00
Year’s Basic Exemption (by pay period type):
Annual $3,500.00
Monthly (12) $291.66
Semi-Monthly (24) $145.83
Bi-Weekly (26) $134.61
Weekly (52) $67.30
Maximum Contributory Earnings $46,600.00
Contribution Rate—Employee/Employer 4.95%
Contribution Rate—Self-Employed 9.90%
Maximum Contribution—Employee/Employer $2,306.70
Maximum Contribution—Self-Employed $4,613.40
EMPLOYMENT INSURANCE—2012
Maximum Annual Insurable Earnings $45,900.00
Premium Rate (Employee) 1.83%
Premium Rate (Employer, 1.4 x Employee) 4.95%
Annual Maximum Premium (Employee) 9.90%
Annual Maximum Premium (Employer) $1,175.96
*Unless a reduced premium rate applies
TD1—PERSONAL TAX CREDIT RETURN (FEDERAL) – 2012
Basic Personal Amount $10822.00
Eligible Dependant or Spouse or Common-Law Partner Amount $10822.00
Canada Child Tax Benefit-Base Benefit $1405.00
Pension Income Amount $2000.00
Age 65 Amount $6720.00
Disability Amount $7546.00
Caregiver Amount or Infirm Dependant Amount $4402.00
Education Amount—Full Time $400.00/month
Education Amount—Part Time $120.00/month

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