Quebec’s 2025 source deductions formulas, covering income tax and social taxes, were released Nov. 21 by Revenu Quebec.
Income tax brackets were adjusted by 2.85%, but tax rates did not change from 2024, RQ said in its 2025 Formulas to Calculate Source Deductions and Contributions.
The maximum pensionable earnings for Quebec Pension Plan contributions are C$71,300 (US$51,004.17), up from C$68,500, RQ said. A basic exemption of C$3,500 makes the actual earnings subject to QPP contributions C$67,800, RQ said. The additional maximum pensionable earnings are C$81,200, up from C$73,200, RQ said. Contribution rates are unchanged at 6.4% for both employers ...
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