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Laura works for Fashion Services in Alberta and earns an annual salary of $55,925.00 paid on a weekly basis. She receives a $65.00 car allowance
Laura works for Fashion Services in Alberta and earns an annual salary of $55,925.00 paid on a weekly basis. She receives a $65.00 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 Laura's is $21.00 per pay period. Laura is a member of the company's registered pension plan and contributes 4% of her salary to the plan every pay. Her federal and Alberta TD1 claim codes are 2. Determine Laura's total income tax deduction per pay period
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