Jane Bayore works in a manufacturing plant in Quebec. She is a weekly paid employee. She earns $25.00 per hour and works 40 hours per pay period. Lesleys federal TD1 claim code is 1 and her TP-105.3-V deduction code is A. In addition, she has a car allowance (cash taxable benefit) of $110.00 per pay period and a group insurance plan paid by the employer of $40.00 (non- cash taxable benefit) per pay period.

Required:

Calculate Lesleys Net Pay

Step One: Determine Gross Earnings

Step two: Determine Non-cash Taxable Benefits

Step Three: Determine QPP contributions

Step Four: Determine Employment Insurance (EI) premium

Step Five: Determine QPIP premium

Step Six: Determine federal & provincial income tax

Step Seven: Northwest Territories (NT)/Nunavut (NU) payroll tax

Step Eight: Total Deductions

Step Nine: Net Pay