Calculate the total amount that must be remitted

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Question - The following amounts were withheld from employees' pay cheques during the current statutory deduction remittance period: Québec Pension Plan contributions of $32,500.00, Employment Insurance premiums of $9,000.00, Québec Parental Insurance Plan premiums of $3,705.00 on total insurable earnings of $750,000.00, federal income tax of $105,000.00, and Québec provincial income tax of $90,400.00. Employer contributions to the health services fund were $41,250.00 and employer Commission des normes, de l'équité, de la santé et de la sécurité du travail premiums were $8,500.00. Calculate the total amount that must be remitted to Revenu Québec for the current remittance period.

Reference no: EM132851014

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