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HUME-1007 Payroll and Taxable Benefits Case Study 2 Total Marks /63 For the following employee: 1. Complete a Current year Federal and Provincial TD1 form

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HUME-1007 Payroll and Taxable Benefits Case Study 2 Total Marks /63 For the following employee: 1. Complete a Current year Federal and Provincial TD1 form for the employee. And use these totals to identify the claim code for Federal and Provincial tax. (6 Marks) Note: Include these as additional attachments in the LEARN Dropbox (either image file or document file). Fillable forms are available on the CRA website. Calculate the net payable, using the format below, for the last three bi-weekly pay periods (note: each pay period covers a Sunday - Saturday period with the last period in August covering August 13 August 26, showing all the appropriate sub- calculations of gross pays and deductions. (39 Marks) Linda Buckley has accepted an offer of employment with one of Diverse's competitors. Linda's last day at Diverse was September 15'. Linda has not taken any vacation. Prepare a Record of Employment for the employee. Hint: Use a calendar to help calculate all the required pay periods gross earnings and hours. (18 Marks) Note: Include this as additional attachment in the LEARN Dropbox (either image file or document file). Fillable forms are available in the Case Study 2 content section in LEARN. Information: Province of employment: Manitoba Employer: Diverse Enterprises Inc. 123 Street Winnipeg, Manitoba, R2R 2R2 Employer RCT No.: 102 345 678 RP0001 Employee Name: Linda Buckley 420 Ash S Wpg, MB R3R 101 Position: Technician Birth Date: August 21, 1992 SIN: 627-673-327 Pay method: Salary Pay frequency: Bi-weekly Number of hours worked per pay period 80/8 hours per day Pay rate: $42,000 annually Start Date: March 22, 2021 Termination Date: September 1, 2021 Last pay period ending date: September 11, 2021 Miscellaneous deductions: Extended Health Benefits $10.00 per pay Dental premium $14.00 per pay Registered Co. Pension Plan 1.6% of gross pay per pay Additional information: . Monthly downtown parking fees of $63.00 (includes GST) are paid by the employer and a prorated taxable benefit is included on each pay. . Diverse Enterprises was closed for the Civic Holiday in August and all salaried employees were paid for their regular hours/pay for the day. . Employees at Diverse work a Monday to Friday work week. . Linda Buckley is married and is supporting her husband who currently has no income. Linda claims her spouse on both her TD1 forms. . Linda's final pay included her vacation pay and regular pay.Question 1: Include TD1 forms as additional attachments in the LEARN Dropbox.Question 2: Period covered: July 30 - August 12 Regular hours hours X Total Gross Pay Tax Ben Gross Taxable Net Taxable CPP EI FED TAX (CC PROV TAX (CC Net PayPeriod covered: August 13 - August 26 Regular hours hours X Total Gross Pay Tax Ben Gross Taxable Net Taxable CPP EI FED TAX (CC PROV TAX (CC Net PayPeriod covered: August 27 - September 9 Regular hours hours X Vacation Pay Total Gross Pay Tax Ben Gross Taxable Net Taxable CPP EI FED TAX (CC PROV TAX (CC Net PayQuestion 3: Use the provided fillable ROE form (located in the Case Study content section in LEARN), and include these as additional attachments in the LEARN Dropbox

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