Determine martinas total income tax deduction per pay period


Problem

Martina works for a company in Edmonton, Alberta. She earns $28.05 per hour, works 75 hours per pay period and is paid on a bi-weekly basis. The company pays 100% of group term life insurance premiums for its employees as a non-cash taxable benefit which for Martina is $24.00 per pay period. Every pay period Martina also contributes 4% of her salary to the company's Registered Retirement Saving Plan and pays $27.00 in union dues. Her federal and provincial TD1 claim codes are 2.

Determine Martina's total income tax deduction per pay period.

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Accounting Basics: Determine martinas total income tax deduction per pay period
Reference No:- TGS03221477

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