Determine non-cash taxable benefits

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Question - Player Flooring, located in BC has a weekly pay period. France Lavergne works in the shipping/receiving department, earns $ 18.50 per hour, and works 40 regular hours per week. France works overtime every week; in this pay period, she worked 4 hours overtime each day from Monday through Thursday. The organization pays employees 1 and ½ times their regular hourly rate for overtime hours worked and provides a $ 20.00 meal allowance per day to employees who work overtime. Calculate France's net pay.

i. Determine Gross Earnings

ii. Determine non-cash taxable benefits

iii. Determine CPP

iv. Calculate EI Premium

v. Determine Federal tax and provincial tax (15% and 5% respectively)

vi. Total deductions

vii. Net pay

Reference no: EM133047725

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