Julie turned 70 on February 15, 2021. She receives $1,144.23 per year ($59,500 per year). What will you enter in her T4 for box 16, Employee’s CPP contributions?

2) Jen is paid $80,000 per annum. Jen is paid every other week. What should Jen’s take-home pay per pay period if she contributes $50 to charity, assuming income taxes are at 7.65% and other mandatory deductions are at $300?

3. Create a payroll remittance journal for Jen for December 2022 showing the total remittance to be made to CRA.

4. Ron’s company’s withholdings per month are $80,000. As a payroll admin, you must advise Ron about when to remit the monthly withholdings to CRA. Please, assist Ron by preparing a remitting schedule and remittance due to the date scheduled for January 2021.
 

Annually (1) Semi-annually (2) Quarterly (4) Monthly (12) Semi-monthly (24) Bi-weekly (26) Bi-weekly (27) Weekly (52) Weekly (53) 22 pay periods 13 pay periods 10 pay periods Daily (240) Hourly (2,000) Employee's basic CPP exemption for various 2021 pay periods www Pay period Basic exemption $3,500.00 $1,750.00 $875.00 $291.66 $145.83 $134.61 $129.62 $67.30 $66.03 $159.09 $269.23 $350.00 $14.58 $1.75