Payroll
Gross earnings, before deductions, paid to all workers, including salaries and wages, commissions, bonuses and any other form of payment that is deemed assessable. … This document authorizes the payroll department to start paying an employee.
Payroll is the total of all compensation a business must pay to its employees for a set period of time or on a given date. It is usually managed by the accounting or human resources department of a business; small-business payrolls may be handled directly by the owner or an associate. Increasingly, payroll is outsourced to specialized firms that handle paycheck processing, employee benefits and insurance, and accounting tasks such as tax withholding.
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How we can help?
We at Sun Tax Accounting Inc. provide Canadian payroll services in different province of Canada. We offer payroll services for small businesses as well.
Payroll, for a company, is the sum of all salary records for an employee including wages, bonuses and deductions. Payroll, in accounting, refers to the amount paid to employees for services during a certain period of time.
Payroll and payroll taxes considerably affect the net income of most companies and they are subjected to laws and regulations set upon them by their respective governing body.
What payroll services do we offer our clients?
- Setting up a reliable, efficient and effective payroll system.
- Hire/Termination (ROE and all related payroll forms).
- Preparing all the necessary payroll tax returns.
- Year-end T4’s and T4 summaries.
- Payroll
- Administration of employee benefits.