Canadian Payroll Services

One step service to provide small and medium-sized businesses with a payroll, supporting home-based companies remotely.

Our payroll services include, but not limited to the following:

  • Monthly, Semi-monthly & Bi-weekly Payroll Process.
  • Federal, Provincial Tax Filing and WSIB Premiums.
  • Records of Employment (ROEs) submitted to Service Canada on your behalf.
  • Payroll Tax Returns (T4, T4A’s and Supplementary).
Managing payroll in Canada involves navigating federal and provincial regulations, calculating taxes, and ensuring compliance with employment laws. Canadian payroll services offer a range of solutions for businesses looking to simplify these processes. Here’s everything you need to know about using payroll services in Canada.

 

Key Features of Canadian Payroll Services

    • Canada has distinct tax rates and labor laws by province. Payroll services ensure compliance with Employment Insurance (EI), Canada Pension Plan (CPP), and provincial taxes. Services handle tax deductions, remittance to the Canada Revenue Agency (CRA), and filing requirements like T4s for employees.
    • Direct deposit, paper checks, or payment cards to suit your workforce.
    • Many payroll providers integrate seamlessly with software like QuickBooks, Xero, or Sage to streamline financial management.
    • Some providers offer support for managing benefits, including health insurance and retirement plans, alongside payroll.

      Scalable solutions meet the needs of small businesses or larger enterprises, including those with remote and international employees.

Benefits of Using Canadian Payroll Services

  • Time Savings: Automate repetitive tasks to focus on core business activities.
  • Accuracy: Reduce errors in tax calculations and remittances.
  • Compliance Assurance: Avoid penalties by staying up to date with Canadian laws.
  • Employee Satisfaction: Timely and accurate payments improve morale.

How to Choose the Right Canadian Payroll And Tax Service

Assess Your Needs: Could you please determine if you need basic payroll processing or additional features like benefits management and HR tools?

Consider Business Size: Small businesses may prefer simple, cost-effective solutions, while larger companies might need advanced features.

Please look for Integration: Make sure Payroll Services Canada integrates with your accounting or HR systems.

Review Pricing: Compare flat fees, per-employee charges, and additional costs for services like tax filing.

Check Customer Support: Reliable support is essential for resolving payroll issues quickly.

Types of Canadian Payroll Services

  • In-House Payroll Systems
  • Online Payroll Services
  • Outsourced Payroll Services
  • PEOs (Professional Employer Organizations)
  • Industry-Specific Payroll Services

How does Canadian Payroll Service Work ?

  • Setting Up Employee Information
  • Calculating Gross Pay
  • Mandatory Deductions
  • Issuing Net Pay
  • Remitting Taxes and Contributions
  • Record Keeping and Year-End Reporting

What Are the Best Payroll Systems? 

The best payroll systems simplify payroll processing, ensure compliance, and reduce the risk of errors. Depending on your business size and needs, here are some of the top payroll systems:

Gusto

  • Ideal for small to mid-sized businesses, Gusto offers user-friendly payroll processing, tax filing, and benefits management.
  • Features: Direct deposit, tax compliance, year-end reporting (W-2s, T4s), and easy integration with accounting software.
  • Pricing: Starts at $40/month + $6 per employee.

QuickBooks Payroll

  • Best for small businesses already using QuickBooks accounting software.
  • Features: Automatic tax calculations, direct deposit, year-end tax reporting, and employee self-service portals.
  • Pricing: Starts at $22.50/month + $4 per employee.

ADP

  • A comprehensive payroll solution suitable for medium to large businesses with more complex needs.
  • Features: Payroll, tax filing, HR tools, and scalability for growing businesses.
  • Pricing: Custom pricing based on business size and needs.

Paychex Flex

  • Great for small to large businesses needing both payroll and HR features.
  • Features: Payroll processing, tax filing, employee benefits administration, time and attendance tracking.
  • Pricing: Starts at $39/month + $5 per employee.

OnPay

  • A cost-effective solution for small businesses and startups.
  • Features: Unlimited payroll runs, direct deposit, tax filings, and employee benefits integration.
  • Pricing: Starts at $36/month + $4 per employee.

Wave Payroll

  • Ideal for small businesses on a budget, Wave offers a free accounting software with payroll add-ons.
  • Features: Basic payroll features like direct deposit and tax filing.
  • Pricing: Starts at $20/month + $6 per employee.

Xero Payroll

  • Best for small businesses using Xero accounting software.
  • Features: Payroll, automatic tax calculations, employee payslips, and integration with accounting tools.
  • Pricing: Starts at $39/month + $6 per employee.

Rippling

  • Best for businesses with remote teams or global employees.
  • Features: Payroll, HR, benefits management, and global payroll for international teams.
  • Pricing: Custom pricing based on company size.