Tania is an employee of ABC company earns $95,000/year. The contribution rate for CPP is 5.45%, and the provincial and federal tax credits rates are 10% and 15% respectively, what would Tania's tax benefit be? Assume her MTR is 40%, the YMPE is $56,000 and the standard YBE applies.

Answer rating: 100% (QA)

Head Deduction Tax benefit40 CPP 51876 20751 Provincal 33509 ... View the full answer