The following table lists the income tax rates in Quebec for 2013. It is based on your taxable income.
Author: Simon Zhong
Quebec income tax rates and brackets
The following table lists the income tax rates in Quebec for 2015. It is based on your taxable income.
Eligible small business corporation
Eligible small business corporation this is a Canadian-controlled private corporation, where all or substantially all of the fair market value (FMV) of its assets are used principally in an active business that is carried on primarily in Canada by the corporation or an eligible small business corporation related to it.
British Columbia income tax rates and brackets 2014
The following table lists the provincial tax rates and brackets in British Columbia for 2014.
British Columbia income tax rates and brackets 2013
The following table lists the provincial tax rates and brackets in British Columbia for 2013. It is based on taxable income.
Income tax rates and brackets for British Columbia
The following table lists the provincial tax rates and brackets in British Columbia for 2015.
What is Ontario apprenticeship training tax credit
Ontario apprenticeship training tax credit is a refundable tax credit to a corporation that provided a qualifying apprenceship for a student enrolled in a qualifying skilled trade.
Ontario Corporate Minimum Tax (CMT) before July 1, 2010
For tax years that end before July 1, 2010, Ontario Corporate Minimum Tax (CMT) applies to large corporations (or associated groups) with:
Changes to CPP rates and maximum in 2015
The maximum pensionable earnings under the Canada Pension Plan (CPP) will increase $1,100 to $53,600 in 2015 from $52,500 in 2014. The Canada Pension Plan (CPP) rate (4.95%) and exemption ($3,500) remains the same in 2015. The maximum employee and employer contribution to the pan for 2015 will be $2,479.95 – up from $2,425.50 in…
Changes to CPP rates and maximum in 2014
The Canada Pension Plan (CPP) rate and exemption remains the same in 2014. But the maximum pensionable earnings increase $1,400 to $52,500 in 2014 from $51,100. As a result, the employees who earn $52,500 or more will have to make $69.30 more in CPP contribution compared to 2013. Employers will also see their CPP expenses…