CPP2 for 2024 Canadian Payroll

Canadian RFMS users will find a new, one-time message when opening Human Resources regarding the new percentage tax rate that has been added to the system to accommodate CPP2: 

Go to Human Resources > File Percentage Tax Rates to add a new (not duplicate) account code:

NOTE: While this is listed in your Percentage Tax Tables with the tax year listed as 2023, this information will not be used until processing payroll for tax year 2024.  Rates and limits will be filled in at that time.

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