by Kamryn
(Red Deer, Alberta)
Bookkeeping for hair stylists can be complicated
This question needs an answer. Do you know the answer? Please share your knowledge!
Hi Lake!
I really need your help! Payroll is driving me crAzy!
I've spent endless hours online searching for the answers and I just think I have it all figured out and then a new question pops up in regard to paying an employee commission (ie: hair stylist). Here goes...
Hypothetically, the stylist receives 65% of their sales (services), 10% of product sales, and 100% of tips.
Do I use the amount BEFORE gst when calculating the commission pay for sales?
I do know that employee income from tips and product sales is subject to source deductions. But then there's vacation pay! I understand that tips are exempt, but I just wanted to make sure that the product sales are too?
I think the answer is that commission is calculated on the net amount (not including gst) and that vacation pay is not paid on tips or product sales. Is that correct?
Thank you so so much for maintaining this helpful site! I'm glad I found you and very highly recommend it!
Comments for Paying Employee Commissions
|
||
|
||
|
||
|
||
|
||
|
||
|
||
|
||
Use the search feature to quickly find the
information you're looking for.
Click on image above to read the chat.
Join Me On Facebook
Help support this site by "liking" me! Here's where I post current information.
Listed Under Websites NOT Local Business.
This website is NOT associated with the business operating in Bonnyville AB.