payroll compliance

g n '- a. EHT premium (4 points) In Ontario the Employer Health Tax (EHT) rates must be applied based on the employer's annual gross total Ontario remuneration. There is an exemption of $450,000.00 to be applied before calculating the tax payable. Sounders Company has an Annual Gross Total Ontario Remuneration of $ 680,000.00 and they are eligible for the exemption. Calculate the annual tax payable (Hint: over $400,000.00 the EHT tax rate is 1.95%)