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II - Problems/Calculations 1. Remittance to CRA If a Company deducts $68,000.00 in EI premiums and $84,100 in Canada Pension Plan (CPP) contributions from
II - Problems/Calculations 1. Remittance to CRA If a Company deducts $68,000.00 in EI premiums and $84,100 in Canada Pension Plan (CPP) contributions from its employees; how much would have to be remitted to the Canada Revenue Agency (CRA)? As EI premiums As Canada Pension Plan a. b. c. And the total Amount 2. a. b. Canada Pension Plan contribution & EI premium Calculation Mrs. Janet Thomas's annual pensionable/insurable/taxable earning is one and the same. It is $64,000.00 in 2019. How much dollar will be deducted from Janet: (CPP rate for 2019 is 5.1% and El rate is 1.62%) Monthly as CPP contribution Monthly as EI premium
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