NON NEGOTIABLE

Dated:

$2024/05/22$

Paycheque Number:

$76656730$

Statement of Earnings

Pay

Type

Amount

Year to Date

Gross

Taxable Gross

Total Taxes and Deductions

Net

Statutory Deductions

Type

Amount

Year to Date

Federal Tax

$$977\mathrm{.}31$

$$13,064\mathrm{.}00$

Provincial Tax

$\backslash$table$[[$Superannuation$,$$$444\mathrm{.}69$

$1.$ What is the current regular annual salary for this individual?

$2.$ What is the pay period for which the paystub was issued? Indicate the exact dates.

$3.$ Did the employee have any voluntary deductions in this pay cheque?

$4.$ Use the payroll deduction online calculator to complete the following calculations for paycheques that will be issued to this employee on June $5,2024$ and based on the individuals pay cycle evident from the attached pay stubs

a$.$ if an employees annual salary increases to $$134,545,$ what would be the employee's salary for the pay period that will be paid to the employee in their next pay cheque of june $5$th$,2024$

b$.$ Based on your answer to the above question, calculate the Net pay that will be issued to the individual on June $5$th$,2024$ using claim code $1$ for both federal and provincial taxes. $($Dont take superannuation into consideration when calculating the pay using PDOC$)$

c$.$ Based on your calculations, what is the total income tax this individual will be paying from their june $5$th paycheque?

d$.$ Is the employee paying any CPP$2$ contributions from the pay cheque of june $5$th$,2024$

e$.$ What is the employer CPP contribution and employer EI contribution for June $5$th$?$