Accounting, Payroll and Custom Software
6/20/2023
The payroll updates for July 1st, 2023 have been posted.
There were no federal changes, nor any changes to CPP or EI. The only provincial changes were to Manitoba (The base exemption amount was revised.) and to Quebec (Decrease in the provincial tax rate for the lower two ranges. Increase in the constant factor for the higher ranges.) So, if you have employees in those two provinces you should download a current version, otherwise the payroll update is not required. If you have any questions, please feel free to reach out to support.