on 12-08-2011 5:47 PM
Dear All ,
I have a requirment to create a custom payment wagetype for Canada Superannuation,could you pls suggest me the model wagetype that can be copied from . Taxability needs to be Bonus Taxable and Regular CPP Pensionable Earnings.
Thanks
Muthu
Hello Muthuraj,
Bonus amount is Non periodic taxable, it can't be regular taxable. So CPP should be Non Exempt, So cummulation will be /103, /118 ,119, etc for this I find Model WT M252 - Bonus/Annual may be suitable. You can copy this WT to custom name space, if need to different cummulation class then you need to alter it in your custom WT.
With Regards,
S.Karthik
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