Reference no: EM132825406
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.
Problem 1: Employer contributions to the health services fund were $41,250.00 and employer Commission des normes, travail premiums were $8,500.00. Calculate the total amount that must be remitted to Revenu Québec for the current remittance period.