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Question 1 Not yet answered Marked out of 10.00 Hinda works for LMN in Nova Scotia and earns an annual salary of $70,000.00 paid on
Question 1 Not yet answered Marked out of 10.00 Hinda works for LMN in Nova Scotia and earns an annual salary of $70,000.00 paid on a bi-weekly basis. The company provides its employees with group term life insurance coverage of two times annual salary and pays a monthly premium of $0.75 per $1,000.00 of coverage. Hinda receives a cash taxable car allowance of $300.00 per pay. Hinda contributes 5% of her salary each pay to an RRSP. Each pay Hinda contributes $15.00 to United Way. She also belongs to a union and pays $40 in union dues per pay period. Hinda's federal and provincial TD1 claim codes are 1. She will not reach the Canada Pension Plan or Employment Insurance annual maximums this pay period. Calculate Hinda's net pay. Make sure to use the CRA payroll deduction tables to determine federal and provincial income taxes. Use 2021 rates. Flag question Round to two decimal places and do not include commas () or the $ sign. Answer: Question 1 Not yet answered Marked out of 10.00 Hinda works for LMN in Nova Scotia and earns an annual salary of $70,000.00 paid on a bi-weekly basis. The company provides its employees with group term life insurance coverage of two times annual salary and pays a monthly premium of $0.75 per $1,000.00 of coverage. Hinda receives a cash taxable car allowance of $300.00 per pay. Hinda contributes 5% of her salary each pay to an RRSP. Each pay Hinda contributes $15.00 to United Way. She also belongs to a union and pays $40 in union dues per pay period. Hinda's federal and provincial TD1 claim codes are 1. She will not reach the Canada Pension Plan or Employment Insurance annual maximums this pay period. Calculate Hinda's net pay. Make sure to use the CRA payroll deduction tables to determine federal and provincial income taxes. Use 2021 rates. Flag question Round to two decimal places and do not include commas () or the $ sign
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