Payroll Services

As a business grows, it must hire more employees, which can result in increased payroll administration. We can assist you in implementing the controls necessary to ensure a reliable, efficient, and effective payroll system. Our firm can also help you develop a payroll system and prepare all necessary payroll tax returns in a timely manner.

Most businesses in Ontario that employ workers must register with the WSIB within 10 days of hiring their first full or part-time worker. Although this is a legislative requirement, there are many benefits to you, as the employer. Contact us to find out about the registration process and the premium rate you can expect to pay.

CPP

CPP Maximum annual pensionable earnings is $68,500 and the rate is 5.95%

New for 2024: Canada Revenue Agency introduced an additional CPP contribution called CPP2. For annual pensionable earnings from over the maximum of $68,500 to $73,200 the rate is 4%.

EI Maximum annual insurable earnings is $63,200 and the rate is 1.66%

Minimum Wage

Minimum Wage: What it is right now and when it's going up.
Ontario Raising Minimum Wage to Support Workers

FAQ's

Do I have to pay Statutory Pay if the employee was on vacation the week before?
Excerpt from the Employee Standards Act. "to work all of his or her last regularly scheduled day of work before the public holiday or all of his or her first regularly scheduled day of work after the public holiday." If the employee is on vacation prior to the statutory holiday, you would go back to the "last regularly scheduled day of work prior to the holiday."

Do I have to charge HST for work we did in the USA?
Excerpt from the BDC website: Does my business have to collect sales taxes?

For International Customers, if the property or services are supplied outside of Canada, you may not be required to collect the GST/HST or provincial sales taxes.

Do I charge 13% on goods shipped to Quebec?
You need to follow the place of supply rules within Canada: GST/HST and place-of-supply rules