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Lawrence works in Alberta and is paid on a bi-weekly basis. He has a claim code of 1 on both his TD1 and TD1AB. He
Lawrence works in Alberta and is paid on a bi-weekly basis. He has a claim code of 1 on both his TD1 and TD1AB. He has the following type of earninigs, benefits & deductions. He will not max out on CPP or EI this pay and will have full deductions. All rates should be based on 2019.
1) Regular $2000
2) Vacation Pay $1000
3) Group Life - Employer paid Taxable benefit $25
4) RRSP contribution $150
5) Coffee Fund $5
Once all deductions have been calculated, figure out the net pay.
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