What is the EI premium rate for my employees?
As of January 1st, 2009, for each employee, you need to deduct $1.73 for each $100 of your employee’s salary, up to the maximum insurable earnings of $42,300. The maximum contribution amount for each employee is $731.79. For your employees working in Quebec, you need to deduct $1.38 for each $100 of your employee’s salary, up to the maximum insurable earnings of $42,300. The maximum contribution amount for each employee is $583.74. To know more about EI premiums for 2009… To know more about EI premiums for 2008… There is no age limit for deducting EI premiums. In fact, if your employee is working in insurable employment, you must deduct the applicable EI premiums, whatever the employee’s age.To know more about payroll deductions…
As of January 1st, 2010, for each employee, you need to deduct $1.73 for each $100 of your employee’s salary, up to the maximum insurable earnings of $43,200. The maximum contribution amount for each employee is $747.36. For your employees working in Quebec, you need to deduct $1.36 for each $100 of your employee’s salary, up to the maximum insurable earnings of $43,200. The maximum contribution amount for each employee is $587.52. To know more about EI premiums for 2010… To know more about EI premiums for 2009… There is no age limit for deducting EI premiums. In fact, if your employee is working in insurable employment, you must deduct the applicable EI premiums, whatever the employee’s age.To know more about payroll deductions…
