diff --git a/CHANGELOG.md b/CHANGELOG.md
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,10 @@
 # Change log
 
+## 0.4.0.1
+
+* Relax upper bound on `hspec`: 2.10 -> 2.11
+* Relax upper bound on `time`: 1.12 -> 1.13
+
 ## 0.4.0.0
 
 * Replace `log*N` variants reexported from `monad-logger` with custom variants
diff --git a/monad-logger-aeson.cabal b/monad-logger-aeson.cabal
--- a/monad-logger-aeson.cabal
+++ b/monad-logger-aeson.cabal
@@ -5,7 +5,7 @@
 -- see: https://github.com/sol/hpack
 
 name:           monad-logger-aeson
-version:        0.4.0.0
+version:        0.4.0.1
 synopsis:       JSON logging using monad-logger interface
 description:    @monad-logger-aeson@ provides structured JSON logging using @monad-logger@'s
                 interface.
@@ -49,7 +49,7 @@
     , fast-logger >=2.4.11 && <3.2.0
     , monad-logger >=0.3.30 && <0.4.0
     , text >=1.2.3.1 && <1.3.0.0 || >=2.0 && <2.1
-    , time >=1.8.0.2 && <1.12.0.0
+    , time >=1.8.0.2 && <1.13
     , unordered-containers >=0.2.10.0 && <0.3.0.0
   default-language: Haskell2010
 
@@ -150,8 +150,8 @@
     , base >=4.11.1.0 && <5
     , bytestring >=0.10.8.2 && <0.12.0.0
     , directory >=1.3.1.5 && <1.4.0.0
-    , hspec >=2.7.9 && <2.10.0
+    , hspec >=2.7.9 && <2.11
     , monad-logger >=0.3.30 && <0.4.0
     , monad-logger-aeson
-    , time >=1.8.0.2 && <1.12.0.0
+    , time >=1.8.0.2 && <1.13
   default-language: Haskell2010
diff --git a/package.yaml b/package.yaml
--- a/package.yaml
+++ b/package.yaml
@@ -1,5 +1,5 @@
 name: monad-logger-aeson
-version: '0.4.0.0'
+version: '0.4.0.1'
 github: "jship/monad-logger-aeson"
 license: MIT
 license-file: LICENSE.md
@@ -37,7 +37,7 @@
   - fast-logger >=2.4.11 && <3.2.0
   - monad-logger >=0.3.30 && <0.4.0
   - text >=1.2.3.1 && <1.3.0.0 || >=2.0 && <2.1
-  - time >=1.8.0.2 && <1.12.0.0
+  - time >=1.8.0.2 && <1.13
   - unordered-containers >=0.2.10.0 && <0.3.0.0
   source-dirs: library
 
@@ -53,10 +53,10 @@
     - base >=4.11.1.0 && <5
     - bytestring >=0.10.8.2 && <0.12.0.0
     - directory >=1.3.1.5 && <1.4.0.0
-    - hspec >=2.7.9 && <2.10.0
+    - hspec >=2.7.9 && <2.11
     - monad-logger >=0.3.30 && <0.4.0
     - monad-logger-aeson
-    - time >=1.8.0.2 && <1.12.0.0
+    - time >=1.8.0.2 && <1.13
 
 executables:
   readme-example: