2 B 1 7 B 0 Background: 1 Facts: 2 3 4 5 6 7 You have been hired to do the payroll for a small software development start-up company in Kanata, Ontario with 3 employees. This is one of several clients you have. The payroll must be done on certain days of the month (pay days) but you can process the payroll at any time during the day on these pay days. You have the choice of processing the payroll from home or going into the office to process the payroll. You and the company have agreed to be paid $80 per month to process the payroll for the month (for all pay cycle types). The company will pay the remittances but you simply need to let them know the amounts to pay. Employee 1 - Sakura Tanaka (Sales and Marketing) Paid semi-monthly Has a company owned automobile Works 40 hours per week Employer retains vacation No vacation taken during July Employee 2 - Susan Campbell (Software/Hardware Developer) Paid bi-weekly Works 40 hours per week Employer retains vacation No vacation taken during July Has been paid 13 times until the end of June Has $20 extra deducted for federal income tax per pay. Employee 3 - Jeremy Karr (Manager) Paid monthly Works 40 hours per week Employer retains vacation No vacation taken during July General information: See payroll tab. Year-to-date amounts for CPP pensionable earnings, CPP, El insurable earnings and El are up to June 30 (Beginning numbers). All employees started working for the company in 2020. No employees have been or will be paid for overtime or any other additional payments other than their regular salary. All employees claim the basic personal amount for tax purposes. The only deductions off employees pay are statutory deductions. All current employees are between the ages of 20 - 60. Payroll Register 30 Marks Month of July 2021 Name of Company TJI Incorporated Name of 1st employee Employee #1 Sakura Tanaka Automobile taxable benefit Business Number 1234 56789 RP 0001 Address of first employee 1 City Street, Ottawa ON K4P 0V3 Social Insurance Number 400 000 000 $236.40 per pay Year-to-date amounts Semi-monthly Pay Date Gross Pay Federal Tax Provincial Tax CPP Net Pay Pensionable Earnings Max $61600 $3,166.45 CPP Insurable El Max Earnings Max Max $56300 $889.54 Beginning (Jun 30) $51,436.80 15-Jul-21 31-Jul-21 Name of 2nd employee Employee #2 Susan Campbell ====== Address of second employee Social Insurance Number 9 Princess Lane, Ottawa ON K7P 9J3 234 567 899 $2,707.92 $48,600.00 $767.88 $51,673.20 $2,707.92 $48,600.00 $767.88 $51,909.60 $2,707.92 $48,600.00 $767.88 CPP rate Exemption 5.45% $3,500.00 Max Pension $61,600 El rate Max Insurable 1.58% $56,300 Name of 2nd employee Address of second employee Social Insurance Number Employee #2 Susan Campbell 9 Princess Lane, Ottawa ON K7P 9J3 234 567 899 Bi-weekly Pay Date Beginning (Jun 30) 9-Jul-21 23-Jul-21 Year-to-date amounts Gross Pay Federal Tax Provincial Tax CPP El Net Pay Pensionable Earnings Max Max $61600 $3,166.45 CPP Insurable Earnings Max Max $56300 $889.54 Name of 3rd employee Address of third employee Social Insurance Number Employee #3 Jeremy Karr 1 King Street, Ottawa ON K4C 1V0 445 111 222 $39,000.00 $2,030.08 $39,000.00 $616.20 $39,000.00 $2,030.08 $39,000.00 $616.20 $39,000.00 $2,030.08 $39,000.00 $616.20 35 Name of 3rd employee Address of third employee Social Insurance Number 36 Employee #3 Jeremy Karr 1 King Street, Ottawa ON K4C 1V0 445 111 222 37 38 39 40 41 42 43 44 45 46 47 48 49 Monthly Pay Date Beginning (Jun 30) 31-Jul-21 Year-to-date amounts Federal Gross Pay Tax Provincial Tax CPP Net Pay Pensionable Earnings Max Max $61600 $3,166.45 CPP Insurable Earnings Max Max $56300 $889.54 $54,000.00 $2,847.63 $54,000.00 $853.20 $54,000.00 $2,847.63 $54,000.00 $853.20