Social Security Tax Limit 2025 Withholding Rate. The social security administration has announced the social security tax wage base for 2025 will be $176,100, an increase of $ 7,500 (nearly 4.5%) from the $168,600 figure used in 2024. The irs also changed the 2025 tax withholding tables, which determine how much money employers should withhold from employee wages in paychecks.

The contribution limit for the registered retirement savings plan (rrsp) is increasing to $32,490 for the 2025 tax year, up from $31,560 the year before. The labour codes need to be made effective, considering aspects such as the.