Marc is an account payable administrator do large clothing chain inQuebec. He seen $33,000 annually , paid bi weekly . MarcTD1 claim code is 1 and his TP1015.3-V deduction code is A. As a part of the 100% employer paid benefit package , Marc has term life insurance coverage worth two times his annual salary . The company pays $0.85 /$1000 for the group term life insurance coverage . Each administrative staff member receive an employer paid parking spot at head office , located in downtown Montreal , where the fair market value of parking in the vicinity is $250 /month, plus GST which is calculated at a rate of 5% on the selling price and the QST , which is calculated at a rate of 9.975% on the selling price excluding GST. Parking benefit assessed on a pay period basis. Marc receive taxable allowance car of $75 /pay for using his own automobile for Business purpose. Template for calculating net pay