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An employee in Manitoba earns a bi-weekly salary of $3,700 and is provided with a company paid parking space worth $110 per pay, even though
An employee in Manitoba earns a bi-weekly salary of $3,700 and is provided with a company paid parking space worth $110 per pay, even though she does not use her car for work. The pay date is January 31, 2024 and the year-to-date earnings to the end of the previous pay period for this employee total $3,775. Required: PART A Calculate the CPP and El to be deducted from the employee's pay for this pay period. Show and label your calculations. PART B If it were now pay period ended September 20, 2024 and the year-to-date pensionable earnings to the end of the previous pay period for this employee total $68,580, what if any, amount of CPP and/ or CPP2 would be due
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