GPTCI-41751 Updated the annual limits for RRSP and the following registered pension plans for 2025:
For more information about the limit amounts for 2025, go to https://www.canada.ca/en/revenue-agency/services/tax/registered-plans-administrators/pspa/mp-rrsp-dpsp-tfsa-limits-ympe.html. | |
GPTCI-51181 Updated the Ontario Employer Health Tax record in the Tax Authorities tab in Org Setup > Org Payroll Setup > Legal Entity. Now, you can no longer enter an exemption amount when you select the Full Exemption option in the Exemption Allocation field. When you enter an exemption amount, a validation error message is shown when you try to save your changes. Existing records where the Full Exemption option is selected will have the full exemption amount applied, even when there is a previous exemption amount entered. In 2025, the full exemption amount applied is $1,000,000. |