Answered step by step
Verified Expert Solution
Question
1 Approved Answer
payroll and government reporting ASSIGNENT-Ideer Protected i Word TI VW airbame where can continues. Unless you dont's alerto say in Protected View Enable Editing Maria
payroll and government reporting
ASSIGNENT-Ideer Protected i Word TI VW airbame where can continues. Unless you dont's alerto say in Protected View Enable Editing Maria works for a retail clothing chain in Ontario. She is a supervisor in the Human Resources department and earns $39,000.00 annually, paid on a bi-weekly basis. Her federal and Ontario TDI claim code is 2. Maria's employment contract requires her to travel to other store locations to conduct interviews. She must use her own vehicle, and in turn, she receives an annual car allowance of $3,250.00, paid on a pay period basis. As Maria is not required to report to the company the business kilometres she drives, and she is paid a flat dollar amount, the car allowance is taxable, subject to statutory deductions All management employees must purchase and wear the company's clothing while working employees submit their receipts and are reimbursed through payroll. Maria has submitted her receipts for $285.00, including taxes, for reimbursement on the next pay. As this clothing is not a uniform, nor is it required for safety purposes, the clothing allowance is taxable, subject to statutory deductions. 1. Determine the amount of Gross Earnings 2. Determine Non-Cash Taxable Benefits 3. Determine Canada Pension Plan (CPPI contribution 4, Determine Employment Insurance (El) premium 5. Employer's benefit expense 6. Determine Net Taxable income 7. Determine Federal tax + 100 ere to search Course 140 AC VPN Vault ASSIGNMENT- ByteFence Anti-... AD ENG 9:40 PM 10/15/20/20 ASSIGNENT-Ideer Protected i Word TI VW airbame where can continues. Unless you dont's alerto say in Protected View Enable Editing Maria works for a retail clothing chain in Ontario. She is a supervisor in the Human Resources department and earns $39,000.00 annually, paid on a bi-weekly basis. Her federal and Ontario TDI claim code is 2. Maria's employment contract requires her to travel to other store locations to conduct interviews. She must use her own vehicle, and in turn, she receives an annual car allowance of $3,250.00, paid on a pay period basis. As Maria is not required to report to the company the business kilometres she drives, and she is paid a flat dollar amount, the car allowance is taxable, subject to statutory deductions All management employees must purchase and wear the company's clothing while working employees submit their receipts and are reimbursed through payroll. Maria has submitted her receipts for $285.00, including taxes, for reimbursement on the next pay. As this clothing is not a uniform, nor is it required for safety purposes, the clothing allowance is taxable, subject to statutory deductions. 1. Determine the amount of Gross Earnings 2. Determine Non-Cash Taxable Benefits 3. Determine Canada Pension Plan (CPPI contribution 4, Determine Employment Insurance (El) premium 5. Employer's benefit expense 6. Determine Net Taxable income 7. Determine Federal tax + 100 ere to search Course 140 AC VPN Vault ASSIGNMENT- ByteFence Anti-... AD ENG 9:40 PM 10/15/20/20Step 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