Canada Releases Ceilings and Rates for Pension Contribution for 2014 Update from Nair & Co. HR Team (Bristol, UK) - The Canadian government has announced an increase in the maximum pensionable earnings under the Canadian Pension Plan (CPP). The rate for 2014 will increase by about 3 percent from $51,100 to $52,500 (CAD), reports Nair & Co.â€™s International HR Team. Thus, highest employee contributions under the Canada Pension Plan (CPP) will also increase by about 3 percent to $2,425.50 from the previous $2,356.20. For more information about doing business overseas or to know more about our International Payroll Services team please contact us. Subscribe to regular global tax compliance alerts from Nair & Co. Get the latest news releases and updates on international tax, HR, Finance, compliance and other legal news at Nair & Co. Industry Alerts. About Nair & Co. Nair & Co., the leader in international business expansion services, provides accounting, HR, legal, tax and compliance services for the set up and management of your international operations. Our model of a single-point-of-contact, supported by internal teams of experienced advisors, helps clients expand business and manage risk so they can focus on their core business and sustain growth with minimal risk, stress and cost. We support nearly 250 clients in over 70 countries. Nair & Co. is headquartered in Bristol, UK, has 450 employees and offices in China, India, Japan, Singapore, and the US. Learn more at www.nair-co.com
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Published on Dec 16, 2013
The Canadian government has announced an increase in the maximum pensionable earnings under the Canadian Pension Plan (CPP), reports Nair &a...