1. Addy James is a line cook at a restaurant in BC. He makes $72,000 annually, and...
Question:
1. Addy James is a line cook at a restaurant in BC. He makes $72,000 annually, and is paid semi-monthly. What is his net pay for his paycheque?
2. How much CPP is taken off Addy James' paycheque?
3. How much CPP will the employer contribute to Addy James' paycheque?
4. How much EI is taken off Addy James' paycheque?
5. How much EI will the employer contribute to Addy James' deductions?
6. How much total tax will the employer submit to the CRA, including employee and employer contributions?
7. What is the amount of federal tax deduction for Addy James' paycheque?
8. When is the April payroll due for Addy James, assuming that it is a small business and it reports monthly payroll?
Differential Equations and Linear Algebra
ISBN: 978-0131860612
2nd edition
Authors: Jerry Farlow, James E. Hall, Jean Marie McDill, Beverly H. West