Question

An employee in Manitoba earns $750.00 per week and has a weekly non-cash taxable benefit of...

An employee in Manitoba earns $750.00 per week and has a weekly non-cash taxable benefit of $10.00, an allowance of $50.00 and union dues of $15.00. Calculate the employee's gross pensionable/taxable income.

$795.00

$800.00

$810.00

$825.00

0 0
Add a comment Improve this question Transcribed image text
Answer #1

Gross taxable income Weekly earnings Non-cash taxable benefit Allowance Total Income Less: Union dues Taxable income $750 $10

Add a comment
Know the answer?
Add Answer to:
An employee in Manitoba earns $750.00 per week and has a weekly non-cash taxable benefit of...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Understanding the difference between a cash taxable allowance, a cash taxable benefit and a non-cash taxable...

    Understanding the difference between a cash taxable allowance, a cash taxable benefit and a non-cash taxable benefit is critical when explaining the calculation of net pay to an employee. In your own words, explain whether each allowance and benefit is or is not subject to Canada/Québec Pension Plan (C/QPP) contributions, Employment Insurance (EI) premiums, Québec Parental Insurance Plan premiums and income tax. Provide an example of a cash taxable allowance, a cash taxable benefit and a non-cash taxable benefit.

  • Understanding the difference between a cash taxable allowance, a cash taxable benefit and a non-cash taxable...

    Understanding the difference between a cash taxable allowance, a cash taxable benefit and a non-cash taxable benefit is critical when explaining the calculation of net pay to an employee. In your own words, explain whether each allowance and benefit is or is not subject to Canada/Québec Pension Plan (C/QPP) contributions, Employment Insurance (EI) premiums, Québec Parental Insurance Plan premiums and income tax. Provide an example of a cash taxable allowance, a cash taxable benefit and a non-cash taxable benefit.

  • Understanding the difference between a cash taxable allowance, a cash taxable benefit and a non-cash taxable...

    Understanding the difference between a cash taxable allowance, a cash taxable benefit and a non-cash taxable benefit is critical when explaining the calculation of net pay to an employee. In your own words, explain whether each allowance and benefit is or is not subject to Canada/Québec Pension Plan (C/QPP) contributions, Employment Insurance (EI) premiums, Québec Parental Insurance Plan premiums and income tax. Provide an example of a cash taxable allowance, a cash taxable benefit and a non-cash taxable benefit.

  • Understanding the difference between a cash taxable allowance, a cash taxable benefit and a non-cash taxable...

    Understanding the difference between a cash taxable allowance, a cash taxable benefit and a non-cash taxable benefit is critical when explaining the calculation of net pay to an employee. In your own words, explain whether each allowance and benefit is or is not subject to Canada/Québec Pension Plan (C/QPP) contributions, Employment Insurance (EI) premiums, Québec Parental Insurance Plan premiums and income tax. Provide an example of a cash taxable allowance, a cash taxable benefit and a non-cash taxable benefit.

  • Calculate Payroll An employee earns $20 per hour and 1.5 times that rate for all hours in excess of 40 hours per week....

    Calculate Payroll An employee earns $20 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. Assume that the employee worked 50 hours during the week. Assume that the social security tax rate was 6.0%, the Medicare tax rate was 1.5%, and federal income tax to be with held was $253.00. a. Determine the gross pay for the week. If applicable, round your final answer to two decimal places. b. Determine the net...

  • eBook Show Me How Calculator Calculate Payroll An employee earns $30 per hour and 1.5 times...

    eBook Show Me How Calculator Calculate Payroll An employee earns $30 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. If the employee worked 54 hours during the week Assume that the social security tax rate is 6.0%, the Medicare tax rate is 1.5%, and the employee's federal income tax withheld is $295. a. Determine the employee's gross pay for the week. b. Determine the employee's net pay for the week. Round...

  • I was wondering if you could help me with my payroll questions? Hemal Thomas is an employee in British Columbia. The ne...

    I was wondering if you could help me with my payroll questions?Hemal Thomas is an employee in British Columbia. The net pay calculation is for the first biweekly pay of 2015. The employee is 32 years old and in this pay is entitled to 70 hours regular pay at $20.00/hour, three hours of overtime at time anda half, anda $100.00 safety shoe allowance. The employee also receives a monthly car allowance of $200.00 and the employer pays group life insurance...

  • 80 81 Employee Regular OT premium Weekly Total total earnings to week 40 FICA taxable earning...

    80 81 Employee Regular OT premium Weekly Total total earnings to week 40 FICA taxable earning FICA@8% Income tax withheld Net earnings 82 Allen $2,489.00 $ - $ 2,489.00 S 126.049.00 488.00 $ 2.001.00 83 Devine $2,238.00 $ - $ 2,238.00 S 1 21,738.00 $ 500.00 $ 40.00 $ 402.00 $ 1.796.00 84 Fiorelli $ 700.00 $ - $ 700.00 $ 28,000.00 $ 700.00 $ 56.00 $ 180.00 $ 464.00 85 O'Clock $ 600.00 $ 50.00 $ 650.00 $ 20,470.00...

  • Calculate Payroll An employee earns $24 per hour and 1.5 times that rate for all hours...

    Calculate Payroll An employee earns $24 per hour and 1.5 times that rate for all hours in excess of 40 hours per week. Assume that the employee worked 60 hours during the week, and that the gross pay prior to the current week totaled $34,800. Assume further that the social security tax rate was 6.0%, the Medicare tax rate was 1.5%, and federal income tax to be withheld was $403. a. Determine the gross pay for the week. $ If...

  • Calculate Payroll An employee earns $36 per hour and 1.75 times that rate for all hours...

    Calculate Payroll An employee earns $36 per hour and 1.75 times that rate for all hours in excess of 40 hours per week. Assume that the employee worked 50 hours during the week, and that the gross pay prior to the current week totaled $52,200. Assume further that the social security tax rate was 6.0%, the Medicare tax rate was 1.5%, and federal income tax to be withheld was $497. a. Determine the gross pay for the week. $ If...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT