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Payroll
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Payroll is a necessary part of any business that has employees. Whether you have one or one hundred employees, you are required to compensate them, by a wage or commission or bonus and remit the various payroll taxes that are associated with that compensation. Taxes that may be required are source deductions (CRA), workers compensation (WSIB), and employer health tax (EHT). These taxes must be remitted to the various government agencies. Laberge Venne & Partners is a member of the Canadian Payroll Association (CPA) and we can assist you in setup and calculating of these wages and taxes. We offer a payroll service for our clients who would like to leave the calculating to us, including government remittances, and records of employment.
At the end of each calendar year the government requires that a T4 summary and supplementaries are prepared for any remunerations paid to your employees. We can provide you with assistance in this area by preparing these for you or by reviewing forms that have been prepared by you. By having us prepare or review these we can lessen the chance of your company receiving a PIER reports from the government. We also prepare a variety of other year end payroll related forms such as T4A's, T5's, EHT and WSIB annual returns. | |
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