Michelle Royworks for Affordable Transport inQubecand earns an annual salary of$55,500.00paid on amonthlybasis. In addition...
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Michelle Royworks for Affordable Transport inQubecand earns an annual salary of$55,500.00paid on amonthlybasis. In addition to her regular salary,Michelle's employer provides group term life insurance coverage through a third party of two times her annual salary. The monthly group term life insurance premiums are$0.60per$1,000.00of coverage, excluding taxes. Her employer also provides private health insurance benefits with a monthly premium of$250.00, excluding taxes. The tax on insurance premiums in Qubec is9%. Her federal TD1 claim code is1and her provincial TP-1015.3-V deduction code isA.Michellewill not reach the Qubec Pension Plan, Employment Insurance or Qubec Parental Insurance Plan annual maximums this pay period.
Calculate the employee's net pay
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