B-1 Unit B Notes. Notes Frame for the Unit. These are your condensed note frames for the unit. Some notes, some examples, spaces for you to fill in. A bit dated! Minimum wage etc is a bit higher than in these notes.
B-2 Unit B- YouTube Play List – A selection of supporting videos. Select ‘Play All’, sit back, interact. Bearing in mind a video is not a good way to learn! It takes away your thinking, just pours info into your head. A good way to review or get familiar though. Watching someone else do the work is not the same as you doing it.
B-3 Selected Possible Assignments / Worksheets
Worksheet 1 – Calculate Gross Salary (Assgt BRAVO – 1 , Due: <13 Sep)
Worksheet 2- Calculate Net Income (Assgt BRAVO – 2; Due : )
Personal Finance Review Worksheet
B-4 Net Income Calculation Template. A handy little template to calculate Net Income. Of course it is really a little bit more complicated than this’ but this is certainly the big idea and is close. If you own a small business YOU would have to do all this to pay your employees. Here is a Net Pay Template_Mini.
B-5 Wages, Income, Deductions.
How Payroll is Calculated. The official income tax documentation on how to do deductions from pay, deduction codes, etc. Really intense and boring. But if you own a company or are on a council you would need to know this!
Payroll Deductions. What $ comes off your income (deduction).
2015 Canada Pension Plan Contributions TABLE (bi-weekly pay). [or here] [tables for those who do not know how to do the calculation!]
2015 Employment Insurance Contributions TABLE (bi-weekly pay). (omg 1.89%) [ or here]
2015 Federal and Manitoba Income Tax Table (bi-weekly pay). [or here]
Graphics: Tax Rates. Federal Tax , Provincial. If you just prefer to do your own calculation instead of using a huge table.
B-6 CPP Benefits. Check out what you might expect for a benefit when you retire. Somewhere around $1,000 (?) / month if you worked for 30 years.
B-7 Government Movie Explaining the Canada Pension Plan (CPP).
B-8 Federal Budget. See the money that our federal government collects and spends.
B-9 Federal Budget – Graphics. Some good graphics of where Ottawa spends our money in the event you like graphs and charts better!. It is from 2014, but things do not change much. [or here] CBC Article: Where does your Federal Tax Dollar Go? [Graphic]
B-10 Manitoba Budget 2019. See what money the province of Manitoba Collects and spends [or here]
B-11 RRSP Calculator! What income do you want when you retire? Try this great RRSP calculator., it will tell you what you need to start saving now if you want to retire with a certain income. beyond just Canada Pension Plan and Old Age Supplement (OAS).
B-15 ** Unclaimed Balances. Some surprise income for the family! Check this out. You may have a grandpa or great uncle or something that left behind lots of money in a bank account, and no-one knew about it! If a bank account is untouched for 10 years it ends up here! Use the search page to look up your name or relatives deceased more that 10 years ago. Years ago we had found $13K my grandma had hidden away! Unclaimed Properties Search Page.