Question
Kelly works for Jefferson Movers in Alberta and earns an annual salary of $53,430.00 paid on a weekly basis. She contributes 2% of her gross
Kelly works for Jefferson Movers in Alberta and earns an annual salary of $53,430.00 paid on a weekly basis. She contributes 2% of her gross earnings to a Registered Retirement Savings Plan each pay. Kelly pays $37.00 weekly for union dues and receives a group term life insurance non-cash taxable benefit of $27.00 each pay. Her federal and provincial TD1 claim codes are 1 and she will not reach the annual maximums for Canada Pension Plan or Employment Insurance with this payment. Calculate Kellys net pay, following the steps in the payroll calculation template.
Gross Earnings |
Non-Cash Taxable Benefits |
Canada Pension Plan |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started