Examples of T4 in a sentence
In this case, if their T4 calculation is less than their normal rate of pay, their vacation pay in that year only will be recalculated based on their normal rate of pay multiplied by the number of hours of vacation to which they are entitled.
The amount of vacation pay a part time employee is entitled to will be calculated by taking their applicable vacation accrual percentage multiplied by the prior year’s T4 earnings.
The Employer shall indicate on each employee's T4 slip the amount of dues paid by the employee during the previous year.
An exception to the T4 calculation will be considered for employees that have been off work for three months or more in any calendar year for reasons of maternity/parental leave, short-term disability or Workers’ Compensation.
Workers shall mean each individual that generates a Wage and Tax Form (W2), or an End of Year Certificate (P60) or a Statement of Remuneration (T4).
The Health Centre will provide each employee with a T-4 supplementary slip showing the dues deducted in the previous year for income tax purposes where such information is available or becomes readily available through the Health Centre's payroll system.
During the life of this Agreement, the Employer shall deduct from the monthly salary, based on T-4 income, of each Member of the Bargaining Unit such fees, monthly dues or assessments as may be authorized from time to time by the Association.
This sum will be transmitted to the Union without delay, and this sum will be shown on the T4 slip, after the Union has confirmed receipt of these dues.
Pensionable Earnings for Part-Time members are defined as T4 income.
In return, the Employer shall indicate the amount received from the compensation as a deduction from gross income on the employee's income tax (T-4) form.