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Payroll Deductions Online Calculator # d. u0 f+ ~# F+ }# b7 h
RESULTS - Effective January 1, 2007
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4 r& b9 c, g1 T3 L* DEmployee's name
M9 x" y2 U+ q" _. `6 WEmployer's name
" d3 J" |5 Y; ~% @( S! x. i# b/ x S+ o3 nPay period ending date 1 I) J/ u, h4 A" D( s
Province of employment Alberta % v+ H+ |( N$ |8 C3 z! Y9 D
Federal amount from TD1 Claim Code 1 (Minimum - 8,929.00) 6 X" c+ C( B4 |! \6 v
Provincial amount from TD1 Claim Code 1 (Minimum - 15,435.00)) : f& Q n6 d; b J* Y( b" H
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& [& C) c0 V2 K. f4 NSalary : u, b+ L. o5 I! u
Gross salary for the pay period 10,900.00
. J0 z9 j- A/ p( [Total EI insurable earnings for the pay period 10,900.00 , y) o/ ]- @% {; Y: _
Taxable salary 10,900.00
0 X/ z/ z: m+ Z; AFederal tax deductions 2,246.33
5 O) p" J8 i4 K8 i# Z) O }Provincial tax deductions 938.79 7 r$ B+ K3 @( G6 ]# u
Total tax on salary 3,185.12 6 ?/ m! \3 d c: o
Canada Pension Plan deductions 525.11 + c# K& T2 v& ]. P4 p
Employment Insurance deductions 196.20
) i9 K9 ]0 [; ]' L2 Z+ a; {! ~3 |Requested additional tax deduction 0.00 ) h5 Z) A1 k S* D% x; i
Total deductions on salary 3,906.43 7 I2 `% _3 D9 |6 |( ]* J
Net amount 6,993.57
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2 @# [7 f& v9 M& A/ xCanada Pension Plan / l0 p% [& X: q; k8 R6 I
The employer's contribution is an amount equal to the total of the employee's contribution.
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Employment Insurance 1 y! Z5 |4 z+ [2 G- a/ Z! k# ~! v
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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