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Payroll practitioners should be familiar with the different types of non-statutory deductions. List the four types of non-statutory deductions discussed in the material and give two examples for each...

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Payroll practitioners should be familiar with the different types of non-statutory deductions. List the four types of non-statutory deductions discussed in the material and give two examples for each XXXXXXXXXXwords
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Chapter Non-Statutory Deductions 5 Learning Objectives: Upon completion of this chapter, you should be able to: 1. define and prioritize the five categories of deductions: ? statutory ? legal ? union ? company-compulsory ? voluntary 2. describe the payroll compliance requirements of the following deductions: ? statutory ? legal ? union ? company-compulsory ? voluntary 3. calculate net pay Communication Objective: Upon completion of this chapter, you should be able to write a memo to confidentially advise an employee of the requirement to garnish their wages. © The Canadian Payroll Association – Payroll Fundamentals 1 5-1 Vs 11.0Chapter 5 Non-Statutory Deductions Chapter Contents Introduction ..................................................................................................... XXXXXXXXXX5-3  Types of Deductions ....................................................................................... XXXXXXXXXX5-3  Legal Deductions ........................................................................................ XXXXXXXXXX5-4  Union Deductions ..................................................................................... XXXXXXXXXX5-12  Company-Compulsory Deductions ........................................................... XXXXXXXXXX5-13  Voluntary Deductions ............................................................................... XXXXXXXXXX5-19  Content Review ......................................................................................... XXXXXXXXXX5-22  Review Questions ..................................................................................... XXXXXXXXXX5-24  Net Pay Calculation Examples ...................................................................... XXXXXXXXXX5-29  Review Question...

Answered Same Day Dec 26, 2021

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David answered on Dec 26 2021
120 Votes
NON STATUTORY DEDUCTIONS
As per Quebec Act, on statutory deductions are those deductions which employers withhold before
making any payment to the employees. Deduction depends on organization’s policies, work
environment and employees’ personal situations which differ from employee to employee. These
deductions are withheld by the employer a remitted to third party.
Statutory deductions are related to a formal law or a statute, non-statutory deductions are a result
of judgment, customs and previous court decisions.
There are different categories of non-statutory...
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