4. Susan Sleugh earns $89,079 annually. Income tax is charged using the following information: 11% on the first $45,225 of taxable income 13% on the next $83,989 (Over $45,225 up to $129,214) 15% on the amount over $129,214 Calculate the annual income tax payable. (3 marks) 5. Use the tax rate tables provided to answer the following questions (a) How much tax (both Federal and Provincial) is someone paying (ignoring deductions) in Manitoba on $76,000 annually? (4 marks) (b) How much tax (both Federal and Provincial) is someone paying (ignoring deductions) in Quebec on $55,000 annually? (4 marks) (c) If someone is making $76,000 in Manitoba and moves to Quebec for a pay raise of $10,000 annually, by how much has their take-home pay changed? (Ignore deductions) (7 marks) Income Tax Rate Tables: Federal Tax 2016 Taxable Income Tax Rate 15% on the first $45,916 of taxable income, + 15% 20.5% on the next $45,915 of taxable income (on the portion of taxable income over $45,916 up to $91,831), + 20.5% 26% on the next $50,522 of taxable income (on the portion of taxable 26% income over $91,831 up to $142,353), + 29% on the next $60,447 of taxable income (on the portion of taxable income over $142,353 up to $202,800), + 29% 33% of taxable income over $202,800. 33% http://www.cra-arc.gc.ca/txdvdls/fg/txrts-eng.html Manitoba 2016 Taxable Income' Tax Rate SO to $31,000 10.8% $31,001 to $67,000 12.75% over $67,000 17.4% https:/www.gov.mb.ca/finance/personal/print,ptaxes.html Quebec 2016 Taxable Income* Tax Rate $42,390 or less 16% More than $42,390, but not more than $84,780 20% More than $84,780, but not more than 24% $103,150 https:/www.gov.mb.ca/finance/personal/print,ptaxes.html