TaxTips.ca
Canadian Tax and
Financial Information
QPIP

Ads keep this website free for you.
TaxTips.ca does not research or endorse any product or service appearing in ads on this site.  Before making a major financial decision you  should consult a qualified professional.

Looking for US tax information?
See
USTaxTips.net

Need an accounting, tax or financial advisor? Look in our Directory.      Stay Connected with TaxTips.ca!      Internet Explorer - Use compatibility view for calculators to work properly!

Home
What's New
Calculators
Personal Tax
Business
Sales Taxes
Free in 30!
Financial Planning
RRSP RRIF TFSA
Real Estate
Stocks Bonds etc.
Seniors
Disabilities
Canada
Alberta
British Columbia
Manitoba
Ontario
Quebec
Saskatchewan
Atlantic Provinces
Territories
Federal Budget
Provincial Budgets
Statistics etc.
Glossary
Site Map
Directory
Advertise With Us
Contact Us/About Us
Links & Resources



Quebec
Canada Pension Plan (CPP) and Employment Insurance (EI) -> Quebec Parental insurance plan

Quebec Parental Insurance Plan (QPIP)

Effective January 1, 2006, the Quebec Revenue Ministry became responsible for collecting QPIP premiums, which apply to employers, employees and self-employed persons.  Self-employed people include QPIP premiums in their instalment payments.

The rate of federal Employment Insurance (EI) for Quebec employees was reduced effective January 1, 2006, but the maximum EI insurable earnings for Quebec is the same as for other provinces, and the employer premiums remain at 1.4 times the employee premiums (unless a reduced rate is in effect).  See our article on Employment Insurance rates.

Benefits of maternity and paternity leave, parental leave and adoption leave that were previously provided to Quebec residents under federal EI are now provided by QPIP.  These benefits are only available to those who have work income, and who have contributed QPIP premiums.  The benefits are taxable.

Under the federal Employment Insurance for the self-employed, self-employed persons in Quebec are still eligible to take advantage of the EI sickness and compassionate care benefits being offered by the Government of Canada to the self-employed.  To do so, they must opt in to the program and pay premiums.

For more information, see:

bullet on the Quebec Revenue Ministry website:
bulletQuebec Parental Insurance Plan
bulletQPIP Premiums for Self-Employed Persons
bullet TP-1015.TA-V Table for Quebec parental insurance plan premiums
bullet TP-1026-V Instalment payment calculation for individuals
bullet TP-1015.G-V Guide for Employers:  Source deductions and contributions - includes a table indicating which types of compensation are subject to source deductions such as income tax, QPP, QPIP, health services fund, etc.
bullet on Canada Revenue Agency (CRA) website:
bullet Quebec parental insurance plan
bullet Tables of Quebec employment insurance premiums  - see T4032 Payroll Deductions Tables.

Revised: March 15, 2017

Copyright © 2002 - 2017 Boat Harbour Investments Ltd. All Rights Reserved  See Reproduction of information from TaxTips.ca

Facebook  | Twitter  |  Google + |  Monthly Newsletter Sign-up  What’s New E-mail Notification RSS News Feed
The information on this site is not intended to be a substitute for professional advice.  Each person's situation differs, and a professional advisor can assist you in using the information on this web site to your best advantage. 
Please see our legal disclaimer regarding the use of information on our site, and our Privacy Policy regarding information that may be collected from visitors to our site.