Question
Background information: You have recently started working at an accounting firm and the partner has assigned one of the clients, White Lily Hair Salon Inc.
Background information:
You have recently started working at an accounting firm and the partner has assigned one of the clients, White Lily Hair Salon Inc. (White Lily), to you. The Payroll Manager, Jasmine Kaur, has taken a leave of absence from White Lily so the owner, Tracy Williamson, would like you to help her with some questions she has about her companys payroll.
The following information about the business is available:
Company Name | White Lily Hair Salon Inc. |
Industry | Hair & Aesthetic Services |
Location | 518 Beauty Street, Winnipeg, Manitoba R4R 3W7 |
Business Number | 98765 4321 RC 0001 |
Number of employees | 8 comprised of office personnel, hairdressers and assistants, which include both part-time and full time employees |
Ages of employees | 16 to 65 |
Salary range of employees | $25,000 to $132,000 |
Annual payroll | 2020: $425,000 (actual) 2021: $450,000 (estimated) |
Pay cycle | Biweekly |
2. Do we need to request that employees complete the TD1 forms every year? Please explain when employees need to fill out the TD1 returns. (2 points)
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3. Victoria Day is coming up. I know that most employees are paid extra for working on holidays. How exactly is statutory holiday pay calculated for employees that work part-time? If they do not work on Victoria Day, explain if part-time employees would still be paid, and, if so, how much? (3 points)
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