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15) Neil Cheng is a salesperson for Lake City Printing. Neil is paid by commission only. Neil received a commission payment of $37,450.00 on September
15) Neil Cheng is a salesperson for Lake City Printing. Neil is paid by commission only. Neil received a commission payment of $37,450.00 on September 1. There were 219 days between this and Neil's last commission payment. Calculate the Canada Pension Plan exemption to be applied to Neil's payment, his contributory earnings, and both his and his employer's Canada Pension Plan contributions for this payment. Neil will not reach the annual maximum contribution on this pay. (4) 16) Your employee is 27 years old and earned $257.65 of pensionable earnings this pay cycle. He is paid weekly in the Province of British Columbia. Calculate his CPP deduction. Please show your calculation. (Year 2023) (4) 17) Your employee is 27 years old and earned $257.65 of pensionable earnings this pay cycle. He is paid bi-weekly in the Province of British Columbia. Please show your calculation. Calculate his CPP deduction (Year 2023) (4)
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