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Payroll Deductions Online Calculator 7 ~9 C# c) r( C4 n2 E% K( W A
RESULTS - Effective January 1, 2007
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Employee's name ) N0 C1 e( u/ W* [
Employer's name ( K3 d5 s$ _5 X& \# z
Pay period ending date 6 B ~4 j1 y! }: y. c* v( Q
Province of employment Alberta
" h1 q) A7 f0 d2 C* m$ n) |3 ^Federal amount from TD1 Claim Code 1 (Minimum - 8,929.00) ; {4 ?( d0 d Q a4 F; H; ]
Provincial amount from TD1 Claim Code 1 (Minimum - 15,435.00)) . N1 L) G* M% Q8 P9 R. Y+ ~
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Salary - l3 m& B7 s* p
Gross salary for the pay period 10,900.00
* P( ]8 `/ i z9 `0 n* H3 eTotal EI insurable earnings for the pay period 10,900.00
% s% R; U0 Y- x; }, |# dTaxable salary 10,900.00
1 `0 ?/ f7 l( s# p9 R; v+ AFederal tax deductions 2,246.33 . a" x3 W! o5 Q8 ~8 z) f
Provincial tax deductions 938.79 * u! J. u) V- E& Z o0 g
Total tax on salary 3,185.12
: y. h2 o. _* `( v# P0 fCanada Pension Plan deductions 525.11
3 f/ \" r& i) F8 T+ p- ~: lEmployment Insurance deductions 196.20 + Z# ?. {4 a1 o4 R
Requested additional tax deduction 0.00
; E5 g6 e6 u l/ N0 Z' w5 STotal deductions on salary 3,906.43 & H8 G# a. G2 a$ D8 g
Net amount 6,993.57 ; n2 Q" y+ b. W4 g5 `, I' P9 e
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Canada Pension Plan
' ]( O% H& |* ]8 B& a6 I. FThe employer's contribution is an amount equal to the total of the employee's contribution. 7 h1 i4 C, H1 z3 m1 j
! s$ J- q- ?! K5 ^ Q1 z \ s# ^Employment Insurance + I, l" a* }8 k8 y' d, ^- l
As an employer, your contribution is 1.4 times the amount of the employee's premiums for the pay period, unless a reduced rate applies. |
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