Mathematics, 17.05.2021 18:50 jourdanpress

H NOW PLEASE 7. a) Calculate Emil’s approximate annual gross income if he earns about $575 per week.

b) Approximately 22% of gross income in deducted from Emil’s pay. Calculate his approximate weekly net income.

15. Your friend is in business for himself. His business starts to improve. What could he do to reduce his taxes?

16. Zoe had a total income of $29505 last year.

• She contributed $1500 to an RRSP.
• She contributed $2400 to a pension plan through her work.
• She paid $520 in union dues.

a) Record each amount on the appropriate line on page 3 of the T1 General given on the next page.

b) What is her taxable income?

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H NOW PLEASE 7. a) Calculate Emil’s approximate annual gross income if he earns about $575 per week...

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