Dec 23, 2025 1 min read

Canada: CRA 2026 Payroll Deductions Guides Released (T4127 Formulas and T4032 Tables)

CRA has published the 2026 editions of the Payroll Deductions Formulas (T4127) and Payroll Deductions Tables (T4032), including updated federal/provincial calculations. The T4127 notes updates reflecting Quebec Parental Insurance Plan (QPIP) premium and Quebec Pension Plan (QPP) contribution rate announcements

Effective Date

Published

Impact

  • Payroll tax withholding tables/formula engines, CPP/EI and income tax deductions, and related provincial parameters need to be updated for first 2026 payrolls

Payroll action

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