Question 7-12

7. To qualify for the Employment Insurance Premium Reduction Program, an employer must: A provide assistance to employees who get injured on the job B. provide group benefits C. provide a wage-loss replacement plan D. have unionized workers 8. When would the "formula method" of calculating income tax be used? A. When employers are calculating tax on earnings in excess of the maximum o the Payroll Deductions Tables B. When employers are calculating tax on commissions "C. When an employee is using claim code "X" on their TD1 form D. When employers process payroll using in-house software programs 9. Calculate the Canada Pension Plan contribution for an employee earning $1.800.00 per semi-monthly pay period 10. Gary lives in Alberta and earns $1,382 37 bi-weekly. He also pays $7.50 per pay for union dues and uses claim code 2 on his TD1. Calculate Gary's total income tax deduction. 1 1. An employee has bi-weekly earnings of $1.000.00. What is the Canada Pension Plan contribution? 12. A business relationship where by one party agrees to perform specific work. stipulated in a contract by another party is: A. a contract of service 8. a union contract C. a contract for service D none of the above