Payroll Services
Do you love the task of completing your payroll? If you said “Yes”, we applaud you!! We love it too!
Whether you love it or not, you most certainly feel the pressure each time you sit down to pay your employees, knowing how important it is that they are paid correctly and on time.
If you don’t love this task, or if you have identified that your time would be better spent in other areas of your business, it may be a good time to delegate!
With an in-house Certified Payroll Team focused specifically on the payroll needs of our clients, our specialized payroll service delivery goes above and beyond. We will prepare your payroll on a weekly, bi-weekly, semi-monthly or monthly basis to meet employment tax requirements and, in addition to the scheduled payroll functions, you will have access to our payroll specialists anytime you wish to discuss payroll-related matters of your business.
Our payroll service saves you time and lets you focus on business operations and growth instead of crunching numbers and filing payroll taxes. Our service is:
- Convenient: You send us all your company’s employment information and we will handle all the calculations and process your payroll
- Accurate: If you’re not a trained accountant or bookkeeper, you may struggle to handle your own payroll, and it may take much more time than you’d like to do it right. Our payroll team will process your payroll accurately and you can rely on us to stay up to date on tax laws and other regulations.
- Compliant: Our payroll team knows all the federal and provincial legislations and will ensure your company’s compliance. This can save you a hassle on legal issues and associated fees
Payroll Service Fees
We provide payroll service based on our experience of what works. We can work with you to customize your needs. Our price is based on the number of pay cycle runs, number of employees and additional services.
Basic Plan
$65 – $150 /month*
- Full-time payroll administrator to process payroll with basic payroll software
- Provide paystub or pay cheques with stub
- Calculate and track accrual vacation, sick time, stat holiday, and other benefits/deductions
- Calculate statutory deductions per your remittance schedule (PD7A and WSIB)
- Reconcile payroll month-end with bookkeeping (If you are also our Bookkeeping client)
- Prepare Record of Employment and electronic filing to Service Canada for terminated employee
- T4’s year-end preparation and electronic filing
- Full-time certified payroll specialist available for support
* Plus $2 per employee
Full-Service Plan
$65 – $300 /month*
- Full-time payroll administrator to process payroll with our cloud-based payroll software
- Calculate and track accrual vacation, sick time, stat holiday, and other benefits/deductions
- Provide direct deposit to your employees
- Online portal access for your employees to access paystub, T4’s and ROE
- Electronic filling and electronic payment for payroll taxes and WCB premium each month
- Reconcile payroll month-end with bookkeeping (If you are also our Bookkeeping client)
- Prepare Record of Employment and electronic filing to Service Canada for terminated employees
- Payroll Register reports with completed payroll run
- T4’s year-end preparation and electronic filing
- Respond to related notices from taxing authorities in relation to payroll
- Full-time Certified payroll specialist available for support
- Additional Services related to payroll processing (RRSP, Employee Benefits, etc.)
* Based on pay cycle plus $3.50 per employee
Self-Drive Plan
$65 – $200 /month*
- Client drives payroll deadline by processing payroll themselves
- Service includes the platform with an automated Tax remittance feature
- Provide direct deposit to your employees
- Online portal access for your employees to access paystubs, T4’s and ROE’s
- Electronic filling and electronic payment for payroll taxes and WCB premium each month
- Reconcile payroll month-end with bookkeeping (exclusive to Tabworks bookkeeping clients)
- T4’s year-end preparation and electronic filing
- Full-time certified payroll specialist available for support
* Based on pay cycle and number of employees
Additional Services
Payroll Support Only
$65 – $100 /month*
- Full-time Certified payroll practitioner available for support, or/and
+Respond to related notices from taxing authorities in relation to payroll - +Reconcile payroll month-end with bookkeeping (exclusive to Tabworks bookkeeping clients)
+T4’s year-end preparation and electronic filing
* Based on level of communication and additional service
T4 Year-End Preparation Package
$100 – $150*
- Review payroll information prepared by you
- Reconcile payroll information with CRA remittance paid
- Prepare T4’s slip and electronic filing
* Plus $5 per slip
