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3 votes
To calculate QPIP deductions on a separate cheque (other than the regular wages)

A) Use the same method as regular wages
B) Exclude QPIP deductions
C) Calculate based on a fixed percentage
D) Consult with the employee for a custom deduction

asked
User Xtine
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1 Answer

3 votes

Final answer:

To calculate QPIP deductions on a separate cheque, use the same method as regular wages, as QPIP is a fixed percentage based on the employee's insurable earnings and is not optional or adjustable through employee consultation.

Step-by-step explanation:

To calculate QPIP deductions on a separate cheque other than the regular wages, you would typically use the same method as regular wages. QPIP, or Quebec Parental Insurance Plan, is a mandatory deduction in the province of Quebec and is calculated as a fixed percentage based on the employee's insurable earnings. As these deductions are legislated, they are not optional and should not be excluded or adjusted through consultation with the employee unless there are specific circumstances allowed by law.

Deductions from an employee's wages, such as QPIP, are part of the payroll taxes that both the employer and the employee contribute to. For instance, in the case of Social Security and Medicare in the United States, these deductions are 6.2% and 1.45% respectively of the employee's gross wages. The same concept applies to QPIP; the specific contribution rates would be dictated by the current guidelines provided by the government of Quebec.

answered
User JasonMArcher
by
7.1k points
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