Basic Québec Pension Plan (QPP) Exemption
An annual basic exemption of $3,500 is applicable to the pensionable salary or wages under the Québec Pension Plan (QPP). When calculating the QPP contribution, you must subtract the exemption from the pensionable salary or wages paid to your employees.
The exemption for each pay period is calculated differently for continuous employment and non-continuous employment.
Note
Do not subtract the exemption for pensionable salary or wages paid to your employees if you use the Source Deduction Tables for QPP Contributions (TP-1015.TR-V). The tables already take the pay period exemption into account.