Canadian Tax Calculation

Running head: CANADIAN TAX CALCULATION
Canadian Tax Calculation
Name of the Student:
Name of the University:
Authors Note:

CANADIAN TAX CALCULATION
1
Contents
Section A:........................................................................................................................................2
Computation of employment income:.........................................................................................2
Reasons:.......................................................................................................................................6
HST rebate to be claimed:...........................................................................................................8
Section B:.........................................................................................................................................8
References..................................................................................................................................10

CANADIAN TAX CALCULATION
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Section A:
Computation of employment income:
Computation of employment income of Art Vandelay for tax purposes in 2018 is provided in the
table below.
Calculation of taxable income of Mr.Vandeley
Particulars Amount
($)
Amount
($)
Salaries 82,000.
00
Commissions 20,000.
00
Employer's contributions:
Canada pension plan premium 2,594.
00
Employment insurance premium is not subjected to income tax -
Extended health care taxable 1,450.
00
Dental plan premium 1,385.
00