Payroll Services

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 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%