EMPLOYEE NAME EARNINGS JUNE 1 - 30, 2019 EARNINGS JAN 1 - MAY 31, 2019 Allen 12,000 60,000 Betsy 4,000 52,000 Cathy 4,000 20,000 Assumptions: 1. Employment insurance rate is 1.66% of gross earnings to a maximum annual premium of $858.22 per year. 2. Canada pension plan rate is 5.10% of gross earnings. The basic exemption for the year is $3,500. The maximum CPP deduction for the year is $2,748.90 3. Income tax rate is 25% of gross wages for Allen and Betsy, and 15% of gross wages for Cathy. 4. Each employee has deducted from each pay a medical insurance premium of $55. 5. Worksafe BC premiums are charged at 2% of gross pay. 6. Vacation pay is calculated at a rate of 6% of gross pay PAYROLL TABLE Net Gross Employee Pay EI Income CPP Worksafe Tax Medical BC Pay Allen Betsy Cathy Totals