An employee who is paid $800.00 per week is also being paid a $100.00 taxable allowance...

 

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An employee who is paid $800.00 per week is also being paid a $100.00 taxable allowance per week and receives a taxable benefit of $150 per week. To date, this employee has had deducted a total of $1500.00 in CPP contributions and $400 in El premiums. Calculate the employee's total CPP and El contributions for this pay period. An employee who is paid $800.00 per week is also being paid a $100.00 taxable allowance per week and receives a taxable benefit of $150 per week. To date, this employee has had deducted a total of $1500.00 in CPP contributions and $400 in El premiums. Calculate the employee's total CPP and El contributions for this pay period.

Answer rating: 100% (QA)

Answer 021 CPP basic exemption quantity by pay amount The pension c... View the full answer