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Laura works for Fashion Services in Alberta and earns an annual salary of $58,200.00 paid on a monthly basis. She receives a $90.00 car allowance
Laura works for Fashion Services in Alberta and earns an annual salary of $58,200.00 paid on a monthly basis. She receives a $90.00 car allowance each pay. The company pays 100% of group term life insurance premiums for its employees as a non-cash taxable benefit which for Lauras is $22.00 per pay period. Laura is a member of the companys registered pension plan and contributes 3% of her salary to the plan every pay. Her federal and Alberta TD1 claim codes are 2.
Determine Lauras total income tax deduction per pay period
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