Beverly earns a salary of $47,000 per year and is paid semi-monthly. The current CPP rate...
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Beverly earns a salary of $47,000 per year and is paid semi-monthly. The current CPP rate is 5.25%, and the current El rate is 1.58%. Assuming her income tax rate is 19%, calculate her net pay for each semi- monthly pay period in 2020. Do not enter dollar signs or commas in the input boxes. Use the negative sign for values that must be subtracted. Round your answers to 2 decimal places. Gross Pay Canada Pension Plan Employment Insurance $ Income Tax $ 8930 Net Pay $ $ x Beverly earns a salary of $47,000 per year and is paid semi-monthly. The current CPP rate is 5.25%, and the current El rate is 1.58%. Assuming her income tax rate is 19%, calculate her net pay for each semi- monthly pay period in 2020. Do not enter dollar signs or commas in the input boxes. Use the negative sign for values that must be subtracted. Round your answers to 2 decimal places. Gross Pay Canada Pension Plan Employment Insurance $ Income Tax $ 8930 Net Pay $ $ x
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Gross pay Canada Pension PlanCPP Employment insurance El Inc... View the full answer
Related Book For
Income Tax Fundamentals 2015
ISBN: 9781305177772
33rd Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill
Posted Date:
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