Question
Explain 3 (three) major payroll deductions in brief. (Please include current deduction percentage, how these deductions are calculated) Question 3: IBM Corporation sells computers and
Explain 3 (three) major payroll deductions in brief. (Please include current deduction percentage, how these deductions are calculated)
Question 3: IBM Corporation sells computers and software to public and private companies. They are located at 356 Locus Rd, Toronto, ON M1H 4S3. Payroll Start Date, Payroll End Date, Pay Cheque Date Dec 23, 2019 Jan 5, 2019 Jan 11, 2019 Jan 6, 2019 Jan 19, 2019 Jan 25, 2019 Jan 20, 2019 Feb 2, 2019 Feb 8, 2019 Feb 3, 2019 Feb 16, 2019 Feb 22, 201 Feb 17, 2019 Mar 2, 2019 Mar 8, 2019 Mar 3, 2019 Mar 16, 2019 Mar 22, 2019 Mar 17, 2019 Mar 30, 2019 Apr 5, 2019 Mar 31, 2019 Apr 13, 2019 Apr 18, 2019 Apr 14, 2019 Apr 27, 2019 May 3, 2019 Apr 28, 2019 May 11, 2019 May 17, 2019 May 12, 2019 May 25, 2019 May 31, 2019 May 26, 2019 June 8, 2019 June 14, 2019 June 9, 2019 June 22, 2019 June 28, 2019 June 23, 2019 July 6, 2019 July 12, 2019 July 7, 2019 July 20, 2019 July 26, 2019 July, 21, 2019 Aug 3, 2019 Aug 9, 2019 Aug 4, 2019 Aug 17, 2019 Aug 23, 2019 Aug 18, 2019 Aug 31, 2019 Sep 6, 2019 Sept 1, 2019 Sept 14, 2019 Sept 20, 2019 Sept 15, 2019 Sept 28, 2019 Oct 4, 2019 Sept 29, 2019 Oct 12, 2019 Oct 18, 2019 Oct 13, 2019 Oct 26, 2019 Nov 1, 2019 Oct 27, 2019 Nov 9, 2019 Nov 15, 2019 Nov 10, 2019 Nov 23, 2019 Nov 29, 2019 Nov 24, 2019 Dec 7, 2019 Dec 13, 2019 Dec 8, 2019 Dec 21, 2019 Dec 27, 2019 Roger started with IBM this year. His first day was January 7, 2019. He was hired on a temporary basis to cover an employee who was off on maternity leave. He earns $16.50 per hour. He is covered under the Employment Standards Act of Ontario. He works 7 hours per day and receives 4% vacation pay on each pay cheque. He does not receive any benefits. He has not taken any days off and received stat pay for the following holidays: Family day he received 7.28 hours of stat Good Friday he received 7.28 hours of stat Victoria Day he received 7.28 hours of stat He has the following deductions: Federal and Provincial taxes - he is claiming basic tax (Claim code 1) Roger has found a full time job and has resigned. His last day at work will be June 28, 2019 Calculate the following?
Pay Period 3 Gross Pay:
Gross taxable income:
CPP contributions:
EI premiums:
Federal and Provincial taxes:
Net pay: Employer health tax:
Pay Period
4 Gross Pay:
Gross taxable income:
CPP contributions:
EI premiums:
Federal and Provincial taxes:
Net pay:
Employer health tax:
Question 4: You have just been advised that your organization is opening an office in Ontario. Describe the employer contributions that are specific to the province of Ontario, their rates and thresholds where available. (Do not include the organization's portion of the statutory deductions.)
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