Calculate yasmin net pay, Calculate Yasmin's net pay. Make

Calculate yasmin net pay

Reference no: EM132806838

Yasmin works for QRX in Saskatchewan and earns an annual salary of $85,000.00 and paid on a semi-monthly basis. The company provides its employees with group term life insurance coverage of two times annual salary and pays a monthly premium of $0.80 per $1,000.00 of coverage.

Yasmin receives a cash taxable car allowance of $600.00 per month. Yasmin contributes 7% of her salary each pay to an RRSP. Each pay Yasmin contributes $25.00 to United Way. She also belongs to a union and pays $120 in union dues each month, Yasmin's federal and provincial TDI claim codes are 2. She will not reach the Canada Pension Plan or Employment Insurance annual maximums this pay period.

Problem 1: Calculate Yasmin's net pay. Make sure to use the CRA payroll deduction tables to determine federal and provincial income taxes. Use 2020 rates.

Reference no: EM132806838

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