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1) Reliow the following situations and determine the employee's net pay by figuring out what earnings a benefits are subject to income Tax, Canada f
1) Reliow the following situations and determine the employee's net pay by figuring out what earnings a benefits are subject to income Tax, Canada f Quebec Pension Plan, Quebec Parental Insurance Plan (if applicable) and Employment insurance. Make sure to reduce nat and taxable income by any applicable voluntaryon statutory deductions as well. Al rates should be based on 2022. a) Lawrence works in Aberta and is pald on a bl-weekly basis. He has a clalm code of 1 on both his TD1 and TD2AB. He has the following type of earnings, benefits a deductions. He will not max out on CPP or El this pay and will have full deductions. 1) Regular $2,500 ii) Vacation Pay $500 (i) Group Ufe - Employer pald Taxable benefit $25 h) RRSP contribution - Employee deduction $300 v) Coffice Fund $5
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