Question
Q1- Artman Automotive in Nova Scotia employs four people. Their annual gross earnings are $40,800.00, $42,600.00, $52,900.00, and $61,000.00. The organization has a workers' compensation
Q1- Artman Automotive in Nova Scotia employs four people. Their annual gross earnings are $40,800.00, $42,600.00, $52,900.00, and $61,000.00. The organization has a workers' compensation premium rate of $3.41 per $100.00 of assessable payroll. The maximum assessable earnings for Nova Scotia for 2019 are $60,900.00. Calculate the total annual assessment for Artman Automotive
Q2- The following amounts were withheld from employees' pay cheques during the current statutory deduction remittance period: Qubec Pension Plan contributions of $32,500.00, Employment Insurance premiums of $9,375.00, Qubec Parental Insurance Plan premiums of $3,945.00 on total insurable earnings of $750,000.00, federal income tax of $105,000.00, and Qubec provincial income tax of $90,400.00. Employer contributions to the health services fund were $41,250.00 and employer Commission des normes, de l'quit, de la sant et de la scurit du travail premiums were $8,500.00. Calculate the total amount that must be remitted to Revenu Qubec for the current remittance period
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