Jennifer Bertrand, the Chief Financial Officer of your Northern Lights Tours company, has advised… 1 answer below »

Jennifer Bertrand, the Chief Financial Officer of your Northern Lights Tours company, has advised that the company will be opening an office in Nunavut this year. The office will offer guided northern trips to hunters and adventurers. It expects to mainly employ local guides (40 days over the summer period) but the company will also be periodically bringing in guides from its offices in Alberta, Saskatchewan and Québec. Some of the guides from outside Nunavut may work 10 days, others could work 15 days over the summer depending on the number of bookings; they normally work in their home province for 60 days every year. The average daily rate paid to these guides is $400.
Jennifer is asking for information on the Nunavut Payroll Tax. Who pays the tax and how is it calculated? Are there any special considerations or challenges for the calculation of the payroll tax for the guides brought in from Alberta, Saskatchewan and Québec? What are the reporting and remitting requirements during the year? What are the reporting requirements at year-end? Provide examples based on the information provided in the assignment to clarify.

Any responses taken directly from the external government resource or course material will not be accepted. Information referenced from the government resource(s) and the course material must be cited. For example:if you are referencing the Canada Revenue Agency’s Employers' Guide – Payroll Deductions and Remittances – T4001, state the URL where the information can be found, http://www.cra-arc.gc.ca/E/pub/tg/t4001/README.html and the page number, if applicableif you are referencing the course material, state the course name, chapter and page number where the information can be found (for example, PF2, 1-1)

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