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payroll compliance II - Problems/Calculations (15 points) 1) Remittance to CRA (5 points) If a Company deducts $68,000.00 in El premiums and $84,100 in Canada
payroll compliance
II - Problems/Calculations (15 points) 1) Remittance to CRA (5 points) If a Company deducts $68,000.00 in El premiums and $84,100 in Canada Pension Plan (CPP) contributions from its employees; how much would have to be remitted to the Canada Revenue Agency (CRA)? As El premiums As Canada Pension Plan And the total Amount 2) Canada Pension Plan contribution & EI premium Calculation (4 points) Mrs Janet Thomas's annual pensionable/insurable/taxable earning is one and the same. It is $64,000.00 in 2019. How much dollar will be deducted from Janet: (CPP rate for 2019 is 5.1% and El rate is 1.62%) a. Monthly as CPP contribution b. Monthly as El premiumStep by Step Solution
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