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payroll compliance 5. Net Pay Calculations ( 18 points} Lesley Shalom works in a manufacturing plant in Quebec. She is a weekly paid employee. She

payroll compliance

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5. Net Pay Calculations ( 18 points} Lesley Shalom works in a manufacturing plant in Quebec. She is a weekly paid employee. She earns $25.00 per hour and works 40 hours per pay period. Lesley's federal TDl claim code is 1 and her TP-105.3-V deduction code is A. In addition, she has a car allowance (cash taxable benet) of $110.00 per pay period and a group insurance plan paid by the employer of $40.00 (non- cash taxable benet) per pay period. Required: Calculate Lesley's Net Pay Step One: Determine Gross Earnings Step two: Determine Non-cash Taxable Benets Step Three: Determine QPP contributions {Take 5.325%) Step Four: Determine Employment Insurance (El) premium (Take 1.52%} Step Five: Determine QPIP premium {Take 0.543%) Step Six: Determine federal 3r provincial income tax ( Take the hint below) Step Seven: Determine Northwest Territories OJTyNunayut (NU) payroll Tax Step Eight: Total Deductions Step Nine: Net Pay (Hint: For 2020 take federal income tax as $111.20 and Quebec provincial tax as $138.79). If you go to the website and nd a different gures it is accepted

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