Question: Background information: You have recently started working at an accounting firm and the partner has assigned one of the clients, White Lily Hair Salon Inc.

Background information:

You have recently started working at an accounting firm and the partner has assigned one of the clients, White Lily Hair Salon Inc. (White Lily), to you. The Payroll Manager, Jasmine Kaur, has taken a leave of absence from White Lily so the owner, Tracy Williamson, would like you to help her with some questions she has about her companys payroll.

The following information about the business is available:

Company Name

White Lily Hair Salon Inc.

Industry

Hair & Aesthetic Services

Location

518 Beauty Street, Winnipeg, Manitoba R4R 3W7

Business Number

98765 4321 RC 0001

Number of employees

8 comprised of office personnel, hairdressers and assistants, which include both part-time and full time employees

Ages of employees

16 to 65

Salary range of employees

$25,000 to $132,000

Annual payroll

2020: $425,000 (actual)

2021: $450,000 (estimated)

Pay cycle

Biweekly

2. Do we need to request that employees complete the TD1 forms every year? Please explain when employees need to fill out the TD1 returns. (2 points)

3. Victoria Day is coming up. I know that most employees are paid extra for working on holidays. How exactly is statutory holiday pay calculated for employees that work part-time? If they do not work on Victoria Day, explain if part-time employees would still be paid, and, if so, how much? (3 points)

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