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Hello everyone! The organization I work for hired someone to fill a 1 year maternity replacement position. Typically staff would enroll in our RRSP plan and take advantage of our health benefit plan. In lieu of RRSP and health benefits I was asked to…
The CPP deductions seem to be calculating wrong on salaries that are higher than the CPP maximum amount since the 2019.1 update.
Example:
Salary: 100,000
CPP Exemption: 3,500/26=134.62
CPP rate: 5.1%
100,000/26 =3846.15
3846.15-134.62=3711…
An employee used company materials and has asked me to just deduct it from paycheque.
What's the best way to do this?
Currently what I'm doing is making a purchase invoice to our company. (As if company purchased something from itself).
I post…