The following tables show the Canada Pension Plan (CPP) rates and maximums for self-employed:
CPP rate for self-employed in 2016
Year |
2016 |
Rate for self-employed |
9.9% |
Maximum pensionable earnings |
$54,900 |
Basic exemption |
$3,500 |
Maximum contributory earnings |
$51,400 |
Self-employed maximum contribution |
$5,088.60 |
CPP rate for self-employed from 2012 to 2015
Year |
2015 |
2014 |
2013 |
2012 |
Rate for self-employed |
9.9% |
9.9% |
9.9% |
9.9% |
Maximum pensionable earnings |
$53,600 |
$52,500 |
$51,100 |
$50,100 |
Basic exemption |
$3,500 |
$3,500 |
$3,500 |
$3,500 |
Maximum contributory earnings |
$50,100 |
$49,000 |
$47,600 |
$46,600 |
Self-employed maximum contribution |
$4,959.90 |
$4,851.00 |
$4,712.40 |
$4,613.40 |
CPP rate for self-employed from 2008 to 2011
Year |
2011 |
2010 |
2009 |
2008 |
Rate for self-employed |
9.9% |
9.9% |
9.9% |
9.9% |
Maximum pensionable earnings |
$48,300 |
$47,200 |
$46,300 |
$44,900 |
Basic exemption |
$3,500 |
$3,500 |
$3,500 |
$3,500 |
Maximum contributory earnings |
$44,800 |
$43,700 |
$42,800 |
$41,400 |
Self-employed maximum contribution |
$4,435.20 |
$4,326.30 |
$4,237.20 |
$4,098.60 |