Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Joelle works in BC and her bi-weekly earnings are $1,700.00 and she has a Registered Pension Plan contribution of 5% of her gross earnings. She

  1. Joelle works in BC and her bi-weekly earnings are $1,700.00 and she has a Registered Pension Plan contribution of 5% of her gross earnings. She also has a union dues deduction of $20.00 per pay period. Joelle will not reach the BC Pension Plan, Employment Insurance or Parental Insurance Plan annual maximums this pay period.
  1. Calculate the employees BC Pension Plan Contribution.
  2. Calculate the employer's portion of BC Pension Plan contribution.
  3. Calculate the Employment Insurance premium for the employee.
  4. Calculate the employer's portion of Employment Insurance premiums.
  5. Determine the BC provincial income tax deduction.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Information Audit A Practical Guide

Authors: Susan Henczel, Sue Henczel

1st Edition

3598243677, 978-3598243677

More Books

Students also viewed these Accounting questions

Question

What lessons in OD contracting does this case represent?

Answered: 1 week ago

Question

Does the code suggest how long data is kept and who has access?

Answered: 1 week ago