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changes to payroll deductions 2012
01-28-2012, 09:04 AM
Post: #1
changes to payroll deductions 2012
I was entering payroll on my Quickbooks and noticed that the source deductions have changed. What are the changes for? I live in BC Canada.
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02-28-2014, 08:10 PM
Post: #2
RE: changes to payroll deductions 2012
These are the best changes in pay roll and you should to get it.
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03-06-2014, 11:44 PM
Post: #3
RE: changes to payroll deductions 2012
i want to knw closing entry of salary a/c debit and cash/bank
a/c credit?
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05-09-2014, 01:07 AM
Post: #4
RE: changes to payroll deductions 2012
(01-28-2012 09:04 AM)AdriaTeresa Wrote:  I was entering payroll on my Quickbooks and noticed that the source deductions have changed. What are the changes for? I live in BC Canada.

The maximum CPP contribution to the plan for 2014 has been increased to $2,425.50 and the CPP Rates, effective January 1, 2014, forecast to remain unchanged at 4.95% of pensionable earnings. The basic exemption amount for 2014 expects to remain $3,500. Individuals who earn less than the max earnings do not need to contribute to the CPP. The CPP max for the Year 2014 were $2,425.50 for employee contribution and $4,851.00 for self-employed contribution.
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