explain how legislated wages in lieu of notice are treated for statutory deduction purposes in all jurisdictions in Canada.

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Q: xplain the rules governing the deductibility of expenses for employees in Mauritius.

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A: Hi student Since there are multiple questions, we will answer only first question.

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A: Depreciation is a method which measures the reduction in the value of an asset or equipment due to…

Q: What is the term for the employer's mandatory payroll taxes that the government has written into…

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Q: Employers that want to use a per diem rate to reimburse employees' lodging, meals, and incidental…

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Q: The discount rate for estimating the present value of wages is set by statute in some jurisdictions,…

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Q: 1: An employer in The U.S. Virgin Islands employs two individuals, whose taxable earnings to date…

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A: The answer for the True or False question is given hereunder :

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A: Hi, the question has multiple sub-parts and as per our policy, we will answer the first three.…

Q: In a payroll journal entry, a credit to Federal Withholding Tax Payable indicates a.Federal taxes…

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Q: What are the non-mandarory benefits of employees in the philippines ? and decribe each.

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A: FICA is a U.S. federal payroll tax. FICA stands for The Federal Insurance Contributions Act.

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A:

Q: The maternity leave pay under RA 11210, otherwise known as the 105-Day Expanded Maternity Leave Law,…

A: Solution Maternity leave means leave given to a women when she is pregnant and have a baby.

Q: What are the Payroll-related deductions?

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Q: . Define:

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A: This question deals with Employees are subject to FUTA taxes,

Q: Which of the following taxes is both an employee and an employer tax?a.  federal income tax.b.…

A: The correct answer is Option (d).

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Q: Explain the rules governing the deductibility of expenses for self-employed persons in Mauritius,…

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Fringe Benefit Tax

Fringe benefits are in addition to the compensation that companies give to their employees. It is an additional benefit above the stated salary. It helps to keep the employees of the firm motivated as sometimes the only salary is not enough to retain the quality employees of the firm. There are different types of fringe benefits. Fringe benefits are given in both private as well as public enterprises.