- 2 Posts
- 2 Views
Canadian Tax Table Update - Basic Exemption set to new minimum
What are Canadian customers doing with the fact that Oracle has updated the new 2022 Basic exemption rate to the minimum of $12,719 when the Federal TD1 shows $14, 398 with a note to high wage earners?
I understand that the 'actual' calculation now occurs in the pay calc and will use the $14,398 if applicable but our issue is on the PDF pay statements the value shows as the lower rate and our employee's are calling to ask why.
Thanks
Jodi McIntosh
Alberta Health Services
@Jodi-McIntosh - My apologies for not responding when you first posted!
There was a question posted about this on MOSC that could have some answers for you.
There is a bit more information about the problem in document 2831134.1, and there is a bug opened for this - Bug 33778968 - CAN: REFLECT NET CLAIM AMOUNT ON PAYCHEQUES USED IN TAX CALCULATION.