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IV Net Pay Calculation Doreen Trading Co., located in Ontario, has both salaried and hourly paid employees, who are paid on a semi-monthly basis. Tony

IV Net Pay Calculation Doreen Trading Co., located in Ontario, has both salaried and hourly paid employees, who are paid on a semi-monthly basis. Tony Samuel earns $25 per hour and works 80 hours per pay period. He has car allowance of $100 per pay period, union dues of $65 and non-cash taxable benefits of $20 per pay period respectively. Tonys claim codes on his Federal and Provincial TD1 are 3 (use 2022 deduction table)

Calculate Tonys Net Pay

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Step One: Determine Gross Earnings Step Two: Determine Non-Cash Taxable Benefits Step Three: Determine CPP contributions Step Four: Determine EI premium Step Five: Determine federal & provincial tax Step Six: Total Deductions Step Seven: Net Pay

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