Effective January 1, 2013, the Government of Quebec has introduced changes related to income tax that have:
• Changed how the Personal Health Contribution is calculated and deducted,
• Introduced new income tax brackets for people earning more than $100,000, and
• Introduced new rates to source deductions for the Quebec Pension Plan (QPP), Employment Insurance (EI) and Quebec Parental Insurance (QPIP).
Personal Health Contribution
The Personal Health Contribution was previously calculated and paid when a person filed his/her personal income tax return; however, now this contribution is being deducted directly from an employee’s pay, based on earnings. This contribution is now part of the Quebec income tax deduction.
For Concordia employees, this change will be implemented on January 25, 2013.
New income tax bracket for employees earning more than $100,000
Concordia employees should note that the changes below were implemented on January 1, 2013.
New rates to source deductions as of January 1, 2013: for Governments of Canada and Quebec
Concordia employees should note that the changes below were implemented on January 1, 2013.
*Note: Deductions end when the maximum premiums have been reached. The deductions resume at the beginning of each calendar year.
