Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1) If an employee's CPP contributions are $94.66 for a pay period, calculate the employer's portion 2) Calculate income taxes on weekly salary of $550.
1) If an employee's CPP contributions are $94.66 for a pay period, calculate the employer's portion
2) Calculate income taxes on weekly salary of $550. Use claim codes 2 for Federal and 3 for Provincial tax.
3) If an employee's Employment Insurance premiums are $26.25 for a pay period, calculate the employer's portion.
4) Calculate income taxes on semi-monthly salary of $1,250. Use claim codes 1 for Federal and 1 for Provincial tax.
5) Calculate CPP deduction on bi-weekly wages of $1,050.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started