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Question: Bethany Stevens is an employee in Ontario. The employee is paid bi-weekly. The employee earns an annual salary of $68,000. The salary amount includes all vacation pay, overtime pay and statutory holiday pay. The employee has a monthly non-cash taxable benefit for rental housing of $600 per month. The employee has a wage garnishment of $250 per pay cycle. The employee contributes $200 per pay to a RRSP pay. The RRSP is deducted by the employer from the employee's gross wages and remitted to the pension plan trustee. The employee has not reached the maximum pensionable and insurable earnings for the year. For purposes of simplicity, use a combined federal and provincial tax rate of 18%. Use the 2022 rates for CPP and EI. Show your calculations and calculate the net pay to Bethany.
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