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1 . Employees in Quebec must also contribute an additional premium of _ _ _ _ on insurable earnings to the Quebec Parental Insurance Plana
Employees in Quebec must also contribute an additional premium of on insurable earnings to the Quebec Parental Insurance Planabc d e Employees in provinces other than Quebec must contribute additional premiums on insurable earnings over and above the Employment Insurance rate of for their provincial Parental Insurance Plans.TRUE OR FALSE Employees in Quebec contribute Employment Insurance premiums at a rate of ab c d eAn employee earns $ per year and is paid on a semimonthly pay schedule. The employee enjoys the benefit of a company paid cell phone for personal use cost is $ per month and receives vacation pay on each payment. This pay cycle included hours of approved overtime worked over the normal hour work week and a reimbursement for travel expenses in the amount of $ The employee contributes of their regular wages to a Registered Retirement Savings Plan each pay cycle.Calculate the Gross EarningsAn employee earns $ per year and is paid on a semimonthly pay schedule. The employee enjoys the benefit of a company paid cell phone for personal use cost is $ per month and receives vacation pay on each payment. This pay cycle included hours of approved overtime worked over the normal hour work week and a reimbursement for travel expenses in the amount of $ The employee contributes of their regular wages to a Registered Retirement Savings Plan each pay cycle.Calculate the Insurable EarningsAn employee earns $ per year and is paid on a semimonthly pay schedule. The employee enjoys the benefit of a company paid cell phone for personal use cost is $ per month and receives vacation pay on each payment. This pay cycle included hours of approved overtime worked over the normal hour work week and a reimbursement for travel expenses in the amount of $ The employee contributes of their regular wages to a Registered Retirement Savings Plan each pay cycle.The employee is a Claim Code both Federally and Provincially and works in Ontario. Use the PDOC to calculate Provincial and Federal tax deductions assuming the date of pay is March If employees receive benefits that are not paid in cash, such as free cell phones, these items will not be considered taxable.TRUE OR FALSEGross taxable earnings may be different than gross earnings.TRUE OR FALSETaxable benefits amounts need to be calculated based on the value per pay cycle.TRUE OR FALSEGross Earnings includes all but the following:a Shift Premium. bNontaxable allowance. cEmployer Health Tax Premiums. d Taxable Allowance e Payment in lieu of notice
Employees in Quebec must also contribute an additional
premium of on insurable earnings to the Quebec Parental
Insurance Planabc
d
e Employees in provinces other than Quebec must contribute
additional premiums on insurable earnings over and above the
Employment Insurance rate of for their provincial Parental
Insurance Plans.TRUE OR FALSE Employees in Quebec contribute Employment Insurance premiums
at a rate of ab c
d eAn employee earns $ per year and is paid on a
semimonthly pay schedule. The employee enjoys the benefit of a
company paid cell phone for personal use cost is $ per month
and receives vacation pay on each payment. This pay cycle
included hours of approved overtime worked over the normal
hour work week and a reimbursement for travel expenses in the
amount of $ The employee contributes of their regular
wages to a Registered Retirement Savings Plan each pay cycle.Calculate the Gross EarningsAn employee earns $ per year and is paid on a
semimonthly pay schedule. The employee enjoys the benefit of a
company paid cell phone for personal use cost is $ per month
and receives vacation pay on each payment. This pay cycle
included hours of approved overtime worked over the normal
hour work week and a reimbursement for travel expenses in the
amount of $ The employee contributes of their regular
wages to a Registered Retirement Savings Plan each pay cycle.Calculate the Insurable EarningsAn employee earns $ per year and is paid on a
semimonthly pay schedule. The employee enjoys the benefit of a
company paid cell phone for personal use cost is $ per month
and receives vacation pay on each payment. This pay cycle
included hours of approved overtime worked over the normal
hour work week and a reimbursement for travel expenses in the
amount of $ The employee contributes of their regular
wages to a Registered Retirement Savings Plan each pay cycle.The employee is a Claim Code both Federally and Provincially
and works in Ontario. Use the PDOC to calculate Provincial and
Federal tax deductions assuming the date of pay is March
If employees receive benefits that are not paid in cash,
such as free cell phones, these items will not be considered
taxable.TRUE OR FALSEGross taxable earnings may be different than gross
earnings.TRUE OR FALSETaxable benefits amounts need to be calculated based on
the value per pay cycle.TRUE OR FALSEGross Earnings includes all but the following:a Shift Premium. bNontaxable allowance.
cEmployer Health Tax Premiums. d Taxable Allowance
e Payment in lieu of notice
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