Payroll for NA / Time and Labor - PSFT (MOSC)

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Dynamic Basic Personal Amount Calculation no longer necessary (Canada)

edited Mar 31, 2022 1:49PM in Payroll for NA / Time and Labor - PSFT (MOSC) 1 commentAnswered

I was wondering if there would be changes made to the cobol from patch 33557216 given that the Canadian government has made this dynamic calculation not mandatory for employers any longer. Will this change be optional or is it a prerequisite for other updates? Having the 12,719 as the default for all employees creates a lot of confusion because it shows up on their pay stub and it is not their true Basic Personal Amount (unless they qualify). 

T4127-JAN Payroll Deductions Formulas - 115th Edition - Effective January 1, 2022

Notice to the readers

Changes to the federal Basic Personal Amount, announced on December 9, 2019, received Royal Assent on June 29, 2021.

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