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2 6 . Bryan Bright works for Best Books Ltd . in Alberta and is paid $ 6 9 , 5 0 0 annually, paid
Bryan Bright works for Best Books Ltd in Alberta and is paid $ annually, paid on a biweekly basis. He contributes of his gross earnings to a Registered Retirement Savings Plan each pay. Bryan pays $ biweekly for union dues and receives a group term life insurance noncash taxable benefit of $ each pay, paid by his employer. His federal and provincial TD claim codes are and he will not reach the annual maximums for Canada Pension Plan or Employment Insurance with this payment. Calculate Bryan's net pay, following the order of the steps in the net pay template.
Step One: Determine Gross Earnings
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Step Two: Determine Pensionable Earnings
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Step Three: Determine Insurable Earnings
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Step Four: Determine CRA NTI
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Step Five: Determine RQ NTI
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Step Six: CPP
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Step Seven: EI
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Step Eight: QPIP
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Step Nine: Federal Income Tax
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Step Ten: Quebec Income Tax
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Step Eleven: Total Deductions
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Step Twelve: Net Pay
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