Question
48- Jean-Michel has worked for an advertising company in British Columbia since May 5, 1985. His employment was terminated on August 31, 2021. He was
48- Jean-Michel has worked for an advertising company in British Columbia since May 5, 1985. His employment was terminated on August 31, 2021. He was paid a $58,000.00 retiring allowance. His company did not have a pension plan, a pension fund, or a deferred profit-sharing plan. Calculate the eligible retiring allowance based on Jean-Michel's service.
52- Charlotte works for Bonanza Sales in Qubec where she is a commissioned salesperson. Bonanza Sales pays their commissioned salespeople on a straight commission of sales method at 0.5%. Charlotte is owed her monthly commission payment based on $815,000.00 of products sold. She did not receive an advance. Charlotte's federal TD1 claim code is 1 and provincial TP-1015.3-V claim code is A. She will not reach the Qubec Pension Plan, Employment Insurance or Qubec Parental Insurance Plan annual maximums this pay period. Calculate the employee's net commission pay, following the order of the steps in the net pay template.
31-Which of the following payments is not considered income from employment?
Select one:
a. Wages in lieu of notice (non-Quebec)
b. regular salary
c. vacation pay
d. severance pay
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