The following tables show the Canada Pension Plan (CPP) rates and maximums for self-employed from 2000 to 2007 :
CPP contribution rates for self-employed from 2004 to 2007
Year | 2007 | 2006 | 2005 | 2004 |
Rate for self-employed | 9.9% | 9.9% | 9.9% | 9.9% |
Maximum persionalbe earnings | $43,700 | $42,100 | $41,100 | $40,500 |
Basic exemption | $3,500 | $3,500 | $3,500 | $3,500 |
Maximum contributory earnings | $40,200 | $38,600 | $47,600 | $37,000 |
Self-employed maximum contribution | $3,979.80 | $3,821.40 | $3,722.40 | $3,663.00 |
CPP Contribution rates for self-employed from 2000 to 2003
Year | 2003 | 2002 | 2001 | 2000 |
Rate for self-employed | 9.9% | 9.4% | 8.6% | 7.8% |
Maximum pensionable earnings | $39,900 | $39,100 | $38,300 | $37,600 |
Basic exemption | $3,500 | $3,500 | $3,500 | $3,500 |
Maximum contributory earnings | $36,400 | $35,600 | $34,800 | $34,100 |
Self-employed maximum contribution | $3,603.60 | $3,346.40 | $2,992.80 | $2,659.80 |