Payroll · Prince Edward Island
Prince Edward Island paycheck calculator.
Six PEI brackets from 9.5% to 20%, plus federal tax, CPP and EI. Built on CRA’s own payroll formulas.
A Prince Edward Island paycheque calculator for 2026, following CRA’s T4127 Payroll Deductions Formulas. On a $60,000 salary paid bi-weekly, take-home is about $1,747.95 per cheque ($45,446.67 a year).
Prince Edward Island has six provincial brackets from 9.5% to a top rate of 20% above $200,000, with a basic personal amount of $15,000 (up from $14,650 in 2025).
Inputs
Your Prince Edward Island paycheque
Fill the form and press Calculate.
What comes off a Prince Edward Island paycheque
- Federal income tax — 2026 brackets from 14%, basic personal amount of $16,452 phasing down to $14,829, plus the Canada Employment Amount of $1,501.
- PEI income tax — 9.5% to $33,928, 13.47% to $65,820, 16.6% to $106,890, 17.62% to $142,520, 19% to $200,000, then 20%; basic personal amount $15,000.
- CPP — 5.95% of earnings between $3,500 and $74,600, plus CPP2 at 4% up to $85,000.
- EI — 1.63% of insurable earnings up to $68,900.
PEI legislated a new sixth bracket for all of 2026. The CRA’s July T4127 shows 21% for income of $200,000 and over as a prorated figure for the second half of the year; this page uses the annual 20% rate. Only earners above $200,000 are affected.
Prince Edward Island take-home pay: worked examples (2026)
Single employee, bi-weekly pay (26 periods), claim code 1. Each row is produced by the calculator above, so you can reproduce it by entering the annual salary divided by 26.
| Salary | Federal tax | Prince Edward Island tax | CPP | EI | Net per year | Net per bi-weekly cheque |
|---|---|---|---|---|---|---|
| $45,000 | $3,338.20 | $2,968.76 | $2,469.25 | $733.50 | $35,490.29 | $1,365.01 |
| $60,000 | $5,338.29 | $4,875.29 | $3,361.75 | $978.00 | $45,446.67 | $1,747.95 |
| $100,000 | $13,301.59 | $11,139.88 | $4,646.45 | $1,123.07 | $69,789.01 | $2,684.19 |
CPP and EI in 2026
These are federal and the same in Prince Edward Island as in every province outside Quebec.
- CPP: maximum employee contribution $4,230.45, plus CPP2 maximum $416.00.
- EI: maximum employee premium $1,123.07 on insurable earnings up to $68,900.
Both stop once the annual ceiling is reached, so take-home pay rises for higher earners later in the year.
How this is calculated
The numbers follow CRA’s T4127 Payroll Deductions Formulas. It assumes a full year at a constant salary and TD1 claim code 1: the basic personal amount and nothing else. If you claim other TD1 credits, or your employer takes pension contributions, union dues or group benefits, your real cheque will differ.
Sources
Every rate, threshold and ceiling on this page comes from the official publications below. Retrieved October 2026.
- CRA T4127, 123rd edition (effective 1 July 2026) — Table 8.1 provincial brackets, rates and constants.
- CRA T4127, 122nd edition (effective 1 January 2026) — basic personal amount formulas and provincial changes.
- Government of Canada — CPP contribution rates, maximums and exemptions
- CRA — EI premium rates and maximum insurable earnings
Frequently asked questions
What is the PEI basic personal amount for 2026?
$15,000, increased from $14,650 effective January 1, 2026, according to CRA T4127.
Does PEI have a surtax or payroll premium?
No. CRA’s T4127 has no PEI surtax or premium factor, so the province withholds nothing beyond income tax. Your PEI cheque deductions are federal tax, PEI tax, CPP and EI.
How do I use this calculator?
Enter your gross pay for one pay period, choose weekly, bi-weekly, semi-monthly or monthly, and press Calculate. The table itemises federal tax, Prince Edward Island tax, CPP and EI per cheque and per year. It assumes a full year at a constant salary on TD1 claim code 1 (basic personal amount only).
Is this the CRA payroll calculator?
No. It is an independent estimate that follows the CRA T4127 formulas. Employers producing pay stubs should use the CRA Payroll Deductions Online Calculator.
Disclaimer
Estimate only — not tax or payroll advice, and not the CRA’s calculator. Follows CRA’s T4127 for a full year at a constant salary on TD1 claim code 1. Confirm anything that matters with the CRA or a payroll professional.