NOTE: The following settings are based on the T4127-JUL - Payroll Deductions Formulas for Computer Programs - 88th Edition from Canada Revenue Agency, which was still only available in DRAFT form at this time. We will NOT republish this document unless CRA makes changes to the formulas.

Effective January 1, 2009 the following changes must be made to your payrolls: Please remember that deduction code changes MUST be made to each one of your payrolls separately. Do NOT implement deduction changes until you are ready to run a January pay period per payroll.

The Global Federal and Provincial exemptions, tax tables and tax parameters will only need to be added once for all payrolls. You would add the new exemptions and tax tables using a new effective date of January 2009 or 200901.

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