Case 8 - Irregular Payments (15 Marks)

Charlie, a salesman, earns $56,800 per annum. He is paid semi-monthly and qualifies under Claim Code 3.

On May 1^st he received a commission payment of $2,750 and on October 31^st, he received another in the amount of $9,250.

These payments were made on a separate cheque and issued after his regular semi-monthly earnings.

Required:

Create earnings record for Charlie supporting his payroll deductions, (refer to Lesson 5 for templates). In addition, specifically detail calculations for CPP, EI & Taxes that must be deducted for each of the commission payments.

NOTE: required calculations using the 'bonus method' for income tax can be referenced in the Employer Guide to Payroll Deductions & Remittances

Answers: (input deductions on the commission payments only)

May 1^stOct 31^st

CPP = $$

EI = $$

Total Taxes =$$