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Download the latest payroll tax table update for QuickBooks Desktop

SOLVEDby QuickBooks42Updated January 17, 2024

QuickBooks Desktop provides payroll updates with the most current and accurate rates and calculations for supported provincial and federal tax tables, payroll tax forms, and EFILE options to active Payroll subscription customers.

Continue to visit this page for important updates about the payroll tax table updates for QuickBooks Desktop Canada.

In this article, you'll learn about:



The current payroll tax table version

11932003 on QuickBooks Desktop 2023 and 11933003 on QuickBooks Desktop 2024 released on December 19, 2023 and is effective from January 1, 2024 to June 30, 2024.

Check which version you have

In QuickBooks, from the Employees menu, choose My Payroll Service, then Tax Table Information.

The first three numbers under You are using tax table version reflect your tax table version and should read 11932003 or 11933003, based on your version. You may already have release 119 if you updated your product earlier this year.

Reminder: Make sure you are using QuickBooks Desktop 2023, QuickBooks Desktop 2024, QuickBooks Desktop Enterprise Solutions 23.0 or QuickBooks Desktop Enterprise Solutions 24.0 to download this tax table update.



Get the payroll tax table updates

If you subscribe to QuickBooks Payroll, you can download your updates over the internet.

The easiest way to do this is to set up automatic updates so that QuickBooks downloads payroll updates automatically as soon as they are available.

You can also download the latest payroll update anytime while in QuickBooks:

  1. Select Update QuickBooks from the Help menu.
  2. Go to the Update Now tab.
  3. Select Get Updates.
  4. Select File, then Exit.
  5. Restart QuickBooks Desktop.

Note: There will be no web patch available for the 2024 tax table updates; they must be completed within the product.



What's included in the current payroll tax table update

For the January 2024 tax table update, there are multiple TD1 changes from the July 2023 payroll tax table update.

Effective Date1/1/20247/1/2023
Tax Table version #119118
TD1 Amounts
Federal15,70515,000
AB21,88521,003
BC12,58011,981
MB15,78019,145
NB13,04412,458
NL10,81810,382
NS11,48111,481
NT17,37316,593
NU18,76717,925
ON12,39911,865
PE13,50012,000
QC18,05617,183
SK18,49117,661
YT15,70515,000
ZZ (employees outside Canada)00
Effective Date 1/1/20247/1/2023
Tax Table version #119118
Canada Pension Plan (CPP) - outside Quebec
Maximum Pensionable Earnings68,50066,600
Basic Exemption3,5003,500
Contribution Rate5.95%5.95%
Maximum Contribution (EE)3,867.503,754.45
Maximum Contribution (ER)3,867.503,754.45
Employment Insurance (EI) - outside Quebec
Maximum Insurable Earnings63,20061,500
Premium EI Rate (EE)1.660%1.63%
Premium EI Rate (ER) (1.4*EE)2.324%2.28%
Maximum Premium (EE)1,049.121,002.45
Maximum Premium (ER)1,468.771,403.43
Effective Date1/1/20247/1/2023
Tax Table version #119118
Quebec Pension Plan (QPP)
Maximum Pensionable Earnings68,50066,600
Basic Exemption3,5003,500
Contribution Rate6.40%6.40%
Maximum Contribution (EE)4,1604,038.40
Maximum Contribution (ER)4,1604,038.40
Employment Insurance (EI - Quebec only)
Maximum Insurable Earnings63,20061,500
Premium EI Rate (EE)1.320%1.27%
Premium EI Rate (ER) (1.4*EE)1.848%1.778%
Maximum Premium (EE)834.24781.05
Maximum Premium (ER) (1.4*EE)1,167.941,093.47
Quebec Parental Insurance Plan (QPIP)
Maximum Insurable Earnings94,00091,000
Contribution Rate (EE)0.494%0.49%
Contribution Rate (ER) (1.4*EE)0.692%0.69%
Maximum Contribution (EE)464.36449.54
Maximum Contribution (ER) (1.4*EE)650.48629.72
Commission des normes du travail (CNT)
Maximum earnings subject to CNT94,00091000


Troubleshoot payroll update issues

Perform the following checks if your TD1 amounts are not updated after installing the latest tax table updates.

Is it on or after the tax table effective date?

If you downloaded tax table version 119 on or after December 19, 2023, you will not see the updated amounts until the tax table becomes effective January 1, 2024.

After January 1, 2024, once you have downloaded the product update containing the new tax tables:

Have you had to manually adjust the TD1 amounts at any time in the past or after setting up a new employee?

If you have ever manually updated the TD1 amounts for an employee, the new tax table will not override any previously adjusted amounts. You will need to manually update the TD1 amounts going forward.

Are any of your employees set up over the basic TD1 amounts?

QuickBooks Desktop will automatically update TD1 amounts only for those employees with the basic amounts for the previous tax tables.

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