$1.$ What are the four categories of employment income?

$2.$ In order to determine the employee$$s net pay, the payroll practitioner must be able to identify and calculate the employee$$s gross earnings, gross pensionable$/$taxable income, insurable earnings, net taxable income, statutory deductions and other deductions as illustrated in the payroll calculation template.

Step $1$: Determine Gross Earnings

Calculations:

Step $2$: Determine Non$-$Cash Taxable Benefits

Non$-$Cash Taxable Benefits $=$ $$0\mathrm{.}00$

Step $3$: Determine Canada Pension Plan $($CPP$)$ contribution $(2024$ Rate $5\mathrm{.}95\%)$

Calculations:

Step $4$: Determine Employment Insurance $($EI$)$ premium $(2024$ Rate $1\mathrm{.}66\%)$

Calculations:

Step $5$: Determine Qu$$bec Parental Insurance Plan $($QPIP$)$ premium

Note: Not applicable as Andrew is an Alberta employee

Step $6$: Determine federal income tax $($Use the tax table provided$)$

Step $7$: Determine provincial income tax $($Use the tax table provided$)$

Step Eight: Total Deductions

Calculations:

Step $9$: Net Pay

Calculations: