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Download the latest payroll tax table update for QuickBooks Desktop

by Intuit9 Updated 3 days ago
 The latest tax tables are only available in QuickBooks Desktop 2024 or QuickBooks Desktop Enterprise Solutions 24.0. You can review this article to learn how to download and install the 2024 version.

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

12034003 on Quickbooks Desktop 2024 is released on December 19, 2024 and is effective from January 1, 2025 to July 31, 2025.

Check which version you have

From the Employees menu in QuickBooks, select 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 display as 12034003.

Reminder: Ensure you are using QuickBooks Desktop 2024 or QuickBooks Desktop Enterprise Solutions 24.0 in order to to download the tax table update.



Get the payroll tax table updates

If you subscribe to QuickBooks Payroll, you can 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. Select 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 2025 tax table update, there are multiple TD1 changes from the July 2024 payroll tax table update.

Effective Date1/1/20257/1/2024
Tax Table version # 1203400311934004
TD1 Amounts
Federal16,129.0015,705.00
AB22,323.0021,885.00
BC12,938.0012,580.00
MB15,969.0015,780.00
NB13,396.0013,044.00
NL11,067.0010,818.00
NS11,744.0011,481.00
NT17,842.0017,373.00
NU19,274.0018,767.00
ON12,747.0012,399.00
PE14,250.0013,500.00
QC18,571.0018,056.00
SK18,991.0018,491.00
YT16,129.0015,705.00
ZZ (employees outside Canada)00
Effective Date 1/1/20257/1/2024
Tax Table version #1203400311934004
Canada Pension Plan (CPP) - outside Quebec
Maximum Pensionable Earnings71,300.0068,500
Basic Exemption3,500.003,500.00
Contribution Rate5.95%5.95%
Maximum Contribution (EE)4,034.103,867.50
Maximum Contribution (ER)4,034.103,867.50
Employment Insurance (EI) - outside Quebec
Maximum Insurable Earnings65,700.0063,200
Premium EI Rate (EE)1.64%1.66%
Premium EI Rate (ER) (1.4*EE)2.296%2.32%
Maximum Premium (EE)1,077.481,049.12
Maximum Premium (ER)1,508.471,468.77
Effective Date1/1/20257/1/2024
Tax Table version #1203400311934004
Quebec Pension Plan (QPP)
Maximum Pensionable Earnings71,300.0068,500.00
Basic Exemption3,500.003,500.00
Contribution Rate6.40%6.40%
Maximum Contribution (EE)4,339.204,160.00
Maximum Contribution (ER)4,339.204,160.00
Employment Insurance (EI - Quebec only)
Maximum Insurable Earnings65,700.0063,200.00
Premium EI Rate (EE)1.31%1.32%
Premium EI Rate (ER) (1.4*EE)1.834%1.85%
Maximum Premium (EE)860.67834.24
Maximum Premium (ER) (1.4*EE)1,204.941,167.94
Quebec Parental Insurance Plan (QPIP)
Maximum Insurable Earnings98,000.0094,000.00
Contribution Rate (EE)0.49%0.49%
Contribution Rate (ER) (1.4*EE)0.69%0.69%
Maximum Contribution (EE)484.12464.36
Maximum Contribution (ER) (1.4*EE)678.16650.48
Commission des normes du travail (CNT)
Maximum earnings subject to CNT98,000.0094,000.00


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 12034003 on or after December 19, 2024, you will not see the updated amounts until the tax table becomes effective January 1, 2025.

After January 1, 2025, 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.

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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