Question: Question: pcl - 4 - 1 - fLaura works for Priority Packaging in Alberta and is paid $ 1 , 5 3 8 . 4

Question: pcl-4-1-fLaura works for Priority Packaging in Alberta and is paid $1,538.46 bi-weekly. She contributes 4% of her gross earnings to a Registered Retirement Savings Plan each pay. Laura pays $23.00 bi-weekly for union dues and receives a group term life insurance non-cash taxable benefit of $25.00 each pay, paid 100% by her employer. Her federal and provincial TD1 claim codes are 3 and she will not reach the annual maximums for the first Canada Pension Plan or Employment Insurance with this payment. Calculate Laura's net pay, following the order of the steps in the net pay template. Step 1-Calculate Laura's gross taxable earnings (GTE) for this pay period.Step 2-Calculate the pensionable earnings (PE)Step 3-Calculate the insurable earning (IE)Step 4-Calculate the net taxable income (CRA)Step 5-Calculate the net taxable income (RQ)Step 6-Calculate Laura's Canada Pension Plan contribution.Step 7-Calculate Laura's Employment Insurance premium.Step 8-Calculate Laura's Quebec Parental Insurance Plan premium.Step 9-Determine Laura's federal income tax.Step 10-Determine Laura's provincial income tax.Step 11-Calculate Laura's total deductions (statutory + other).Step 12-Calculate Laura's net pay.

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