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T
TPrewer
January 6, 2022
Question

Canadian Payroll - 2022 CPP deductions rates for online quickbooks is calculating at 5.45% which is 2021 rate. 2022 rate is 5.7% When will this be corrected

  • January 6, 2022
  • 1 reply
  • 0 views

The 2022 CPP deduction rates are being calculated at 5.45% -- This is the rate for 2021

2022 should be 5.7%  - when will this be corrected?

 

1 reply

Jen_D
Jen_D
January 7, 2022

It's great to have you here the QuickBooks Community for Canada, @TPrewer.

 

We recognize the urgency to have the CPP rate updated in the program. Due to some unforeseen circumstances, the tax table update for QuickBooks Payroll for Canada is moved to mid of January, 2022.

 

There are no actions required on your end for now. Check out the following link to learn more about the cause of the setback. You can, however, see here the option to manually do the changes to the TD1 amount, otherwise the system will auto-update the settings for you.


QuickBooks Online Payroll Tax Table delays and workaround

Get in touch with us again if you have other concerns about the tax calculations in QuickBooks Online Payroll. I'll be more than happy to help you out. Have a good one!

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