Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Semi-Monthly Pay Period August 15 August 31 Gross Earnings $465,489.00 $553,931.00 EE & ER - Pension Contributions $ 7,195.00 $ 7,195.00 EE - CPP Contributions
Semi-Monthly Pay Period | August 15 |
August 31
|
Gross Earnings | $465,489.00 | $553,931.00 |
EE & ER - Pension Contributions | $ 7,195.00 | $ 7,195.00 |
EE - CPP Contributions | $ 12,399.51 | $ 11,936.87 |
EE - EI Premiums | $ 6,285.48 | $ 5,389.64 |
EE - Income Tax | $ 52,561.93 | $ 63,294.38 |
ER - Medical Plan Premiums | $ 4,572.00 | $ 4,572.00 |
EE - Union Dues | $ 3,820.00 | $ 3,820.00 |
Required:
Based on the information above, calculate amounts to be remitted on a PD7A @ Sept 15th
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started