Payroll Compliance Legislation Final Exam Chapters 5-9|76 Latest Questions With 100% Verified Answers

Payroll Compliance Legislation Final Exam Chapters 5-9|76 Latest Questions With 100% Verified Answers The Ontario Health Premiums are calculated based on - Correct Answer employee earnings in excess of $20,000.00 Which of the following provinces funds its health care coverage through premiums? - Correct Answer British Columbia Newfoundland and Labrador fund their health care systems through: - Correct Answer employer tax If a province funds their health care systems through the regular tax base, what is the payroll implication? - Correct Answer There is no payroll implication To report the total union dues paid by a member, at the end of the calendar year the union can: - Correct Answer must give each member a receipt showing the annual union dues that are tax deductible. Alternatively, the union can arrange with the employer to print the amount of the tax deductible union dues on the employee's T4 (box 44) and/or RL-1 (box F) information slip.