Question
Shayenne works for RAD in British Columbia and earns an annual salary of $74,600.00, paid biweekly. Shayennes employment will be terminated at the end of
Shayenne works for RAD in British Columbia and earns an annual salary of $74,600.00, paid biweekly. Shayennes employment will be terminated at the end of this pay period. She is entitled to 6% vacation pay on her vacationable earnings of $78,000.00 and 5 weeks' wages in lieu of notice. Her vacation pay and wages in lieu of notice will be paid together on a separate payment from her regular pay.
Shayennes federal and provincial TD1 claim codes are 3. She will not reach the Canada Pension Plan or Employment Insurance annual maximums this pay period.
Calculate the employees net pay on the separate payment. Use 2022 rates.
Hint: Use the bonus method when calculating income taxes.
calculate the value in the photo
Total Deductions Choose... CPP Contribution Choose... . Termination Net Pay Choose... El Premium/Deduction Choose... > Total Deductions Choose... CPP Contribution Choose... . Termination Net Pay Choose... El Premium/Deduction Choose... >Step by Step Solution
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