Question
Hemal Thomas is an employee in British Columbia. The net pay calculation is for the first biweekly pay of 2019. The employee is 32 years
Hemal Thomas is an employee in British Columbia. The net pay calculation is for the first biweekly pay of 2019. The employee is 32 years old and in this pay is entitled to 70 hours' regular pay at $20.00/hour, three hours of overtime at time nd a half, and a $100.00 safety shoe allowance. The employee also receives a monthly car allowance of $200.00 and the employer pays group life insurance of $35.00 a month. Vacation at 4% is accrued. The employee contributes $20.00 per pay to the united way, $20.00 per month to the company social club, and $15.00 per pay for union dues. The employee's TD1 federal and provincial codes are both 2.
A) Calculate gross earnings.
B) Canada pension plan contributory earnings are?
C) Taxable Benefits are?
D) Insurable earnings are?
E) The Canada Pension Plan contribution is?
F) The employment insurance premium is?
H) Gross taxable earnings are?
I) Net taxable earnings are?
J) Federal income tax is?
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Ans a The gross earnings for the pay period Regular 70 hours x 20 1400 Overtime 3 hours ...Get Instant Access to Expert-Tailored Solutions
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