Texts: Question 4 Please use CRA's online calculator to calculate the following:
(A)
Using the information below, please determine the statutory withholdings (EI, CPP, and Income Tax) for Mr. Alex Noah's pay on July 31, 2023. (2 marks)
Employer: Peerless College
Province: Alberta
Pay period ending day: June 30, 2023
Pay period frequency: Monthly
Gross salary: $2,500, $250 taxable car allowance
Deductions: $100 RRSP contribution by employee and matched 100% by employer
Total claim amount (Federal): Claim Code 1
Total claim amount (provincial): Claim Code 9
(B)
Mr. Amirul Haque, a SK resident, is paid a salary of $7,500 per month and receives a monthly $250 taxable car allowance. In this pay period, Mr. Haque received 6% of his gross pay as vacation pay. The organization's registered pension plan allows Mr. Haque to contribute 5% of his monthly salary to the plan, which he does. Mr. Haque's federal TD1 claim code is 3, and his provincial TD1 claim code is 1. Year to date, pensionable earnings are $58,000, and CPP contribution deducted is $3,200. Year to date insurable earnings are $53,000, and EI premiums deducted year to date are $725. Please calculate net pay. (10 marks)