CANADIAN: Quebec indexation rate has changed
Description
Cause
Resolution

To apply the indexation factor for the new year, you must update the Quebec Personal Tax Credits for Quebec employees as follows:

  1. Open 5-2-1 Employees.
  2. From the menu bar, click Options, Update Quebec Personal Tax Credits.
    1. Enter the indexed value of the personal tax credits, as found on line 7 of the employee's Form TP-1015.3-V.
    2. Enter the non-indexed value of personal tax credits, as found on line 9 of the employee's Form TP-1015.3-V.
    3. Enter the amount of any additional income tax per pay period, as found on line 11 of the employee's Form TP-1015.3-V.
    4. Enter the amount of any other deductions, as found on line 19 of the employee's Form TP-1015.3-V.
    5. Enter the amount of any deductions authorized by Revenu Quebec, after the employee has completed Form TP-1016-V.
    6. Enter the amount of any credits authorized by Revenu Quebec, after the employee has completed Form TP-1016-V.
  3. Click Save.
  4. Select File, Save.
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