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Payroll Deductions Online Calculator
* S" O. c" k/ d$ W2 w* rRESULTS - Effective January 1, 2007 ! C- u6 d# p/ L" K$ P/ c& H a- T2 r
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Employee's name
1 E1 M4 D9 [, j# F' c1 UEmployer's name 0 J8 Q0 o% g) ?/ V3 }6 ~
Pay period ending date 7 Q5 f, f1 m! ]( P0 u- T8 F$ Y
Province of employment Alberta
0 l2 n: Z; ? r0 ~) ^Federal amount from TD1 Claim Code 1 (Minimum - 8,929.00)
* C5 k# c9 D% k; m* b) hProvincial amount from TD1 Claim Code 1 (Minimum - 15,435.00))
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Salary
8 L, f5 G1 i% p: v7 O/ B; A3 ^, TGross salary for the pay period 10,900.00 # K: b7 B- p2 s7 i' R
Total EI insurable earnings for the pay period 10,900.00
! x O, @& k- [* l/ MTaxable salary 10,900.00
5 @/ v: K7 q- k2 CFederal tax deductions 2,246.33
5 l/ q- E( p$ _8 D8 X: h; W3 F5 kProvincial tax deductions 938.79
3 Q! O9 M4 \" J$ p( JTotal tax on salary 3,185.12 ( w# H2 B& ~; {& F9 {9 L9 F& B
Canada Pension Plan deductions 525.11 8 w n1 G, I+ I! ~
Employment Insurance deductions 196.20 3 {5 z, v' \' w4 ?
Requested additional tax deduction 0.00 ! h# S) s# B( O
Total deductions on salary 3,906.43
9 s0 D- y& \4 `, z+ ^. Z1 oNet amount 6,993.57
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$ N4 a1 c i: b5 Q6 U6 h8 yCanada Pension Plan
% {+ Q' D0 {' g- aThe employer's contribution is an amount equal to the total of the employee's contribution. 8 A% i6 Y9 Y3 A2 h3 j
8 ~$ ]0 K' n8 N' |, aEmployment Insurance ' ?% r6 x0 H4 W0 x5 f/ U- h1 I$ g6 X
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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