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Calculate the total amount to be remitted to canada revenue

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Reference no: EM132959853

Fleetway Transport is an Accelerated threshold 2 remitter. The statutory deductions withheld from the five weekly payrolls in March are as follows:

  • On the March 2 pay, the employees' Canada Pension Plan contributions were $3,658.20, their Employment Insurance premiums were $1,295.40, their federal income tax withholding was $13,157.33 and their provincial income tax (non-Québec) withholding was $6,054.65.
  • On the March 9 pay, the employees' Canada Pension Plan contributions were $3,858.20, their Employment Insurance premiums were $1,595.40, their federal income tax withholding was $13,657.33 and their provincial income tax (non-Québec) withholding was $6,854.65.
  • On the March 16 pay, the employees' Canada Pension Plan contributions were $3,658.20, their Employment Insurance premiums were $1,295.40, their federal income tax withholding was $13,157.33 and their provincial income tax (non-Québec) withholding was $6,054.65.
  • On the March 23 pay, the employees' Canada Pension Plan contributions were $4,558.20, their Employment Insurance premiums were $2,275.40, their federal income tax withholding was $14,157.33 and their provincial income tax (non-Québec) withholding was $7,854.65.
  • On the March 30 pay, the employees' Canada Pension Plan contributions were $3,558.20, their Employment Insurance premiums were $1,275.40, their federal income tax withholding was $12,157.33 and their provincial income tax (non-Québec) withholding was $6,854.65.
  • The employer does not have a reduced Employment Insurance premium rate.

Problem 1: Calculate the total amount to be remitted to the Canada Revenue Agency on April 4.

Reference no: EM132959853

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