Question
Judy Jo works for Kalish Manufacturing Company in St. Jean, Qubec. Judy earns $29,900.00 annually and is paid on a weekly basis. His federal TD1
Judy Jo works for Kalish Manufacturing Company in St. Jean, Québec. Judy earns $29,900.00 annually and is paid on a weekly basis. His federal TD1 claim code is 2 and his TP-1015.3-V deduction code is B. Judy is a unionized employee and pays 3% of his base salary in union dues every pay period.
Kalish provides their employees with life insurance coverage of twice annual salary and pays 100% of the cost of the coverage. The life insurance premium rate is $0.75 per $1,000.00 of coverage per month; this rate does not include the 9% tax on insurance premiums. The employees pay 100% of the cost of their health and dental coverage; Judy’s premiums for family health coverage are $52.00 per month and his family dental premiums are $91.00 per month. The health and dental premium costs are inclusive of the 9% tax on insurance premiums. Both the employer’s and the employee’s insurance costs are calculated on a pay period basis.
Judy also voluntarily participates in a social club which costs $104.00 a year, deducted on a pay period basis.
Calculate Judy’s Net Pay:
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