New Payroll Tax tables are available for 1st July 2023 – QuickBooks Desktop.
Download the latest payroll update anytime while in QuickBooks:
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Select Update QuickBooks from the Help menu.
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Go to the Update Now tab.
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Select Get Updates.
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Select File, then Exit.
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Restart QuickBooks Desktop.
Close QuickBooks and when reopened it will ask for “Install Update”
As a good practice, please ensure to backup your data, before installing the update. Only for QuickBooks Desktop Users
Once, your tax tables are installed, to confirm complete the below steps:
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On the Home Page or QuickBooks Menu Bar (On top)
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Go to the Employees
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Click My Payroll Service
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Tax Table Information
You should see as below:
CRA Table T4127 – Payroll Deductions Formulas