Payroll services for incorporated Canadian businesses
Your team paid on schedule, source deductions remitted to CRA on time, and T4s prepared at year-end. Payroll posts straight into your books, so nothing is re-keyed.
CRA EFILE authorized · Every file reviewed by an accountant · Switching is free — about an hour of your time
Payroll is a deadline problem, not a maths problem
Calculating a pay run is arithmetic. The risk is in the calendar. Source deductions are due by the fifteenth of the month after you pay your team, and CRA charges a penalty on late remittances that scales with how late they are. Slips are due at the end of February. Miss one of those and the cost is immediate.
Most small businesses run payroll in one system, keep books in another, and reconcile the two later. That gap is where late remittances and mismatched year-ends come from.
One system, one team
With taxifi, payroll is part of the same service that keeps your books and files your tax. Each run posts straight into your books, so wages, source deductions, and employer contributions land in the right accounts without anyone re-entering them. The remittance goes to CRA on schedule, and at year-end the T4 and T4A slips are prepared from the same records that produced the return.
That is also why the year-end reconciliation is not an event. The slips and the books were never separate.
What gets calculated
CPP contributions, EI premiums, and income tax withholding for each employee, plus the employer portion of CPP and EI. Where Ontario applies, the Employer Health Tax and WSIB premiums are handled too. Records of Employment are issued when someone leaves.
Employees and subcontractors are not the same
A common and expensive mistake is treating a worker as a subcontractor when CRA would call them an employee. Employees require source deductions and a T4; subcontractors are generally reported on a T4A and handle their own remittances. If CRA reclassifies someone, the unremitted deductions and penalties land on the business. Our guide on T4 versus T4A sets out where the line falls.
What’s included
- Payroll run on your schedule, weekly, biweekly, or monthly
- CPP, EI, and income tax source deductions calculated
- Remittances sent to CRA on time, every period
- T4 and T4A slips prepared and filed at year-end
- Records of Employment issued when someone leaves
- Payroll posted straight into your books, with no re-keying
- A Canadian accountant behind every remittance and slip
More on payroll: Payroll services · Small business payroll · Outsourced payroll · Toronto · Payroll remittances · T4 vs. T4A
All four services: Bookkeeping · Tax · Payroll · Business advisory
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Who we serve: Trades & contractors · Marketing & creative · Professional firms · Health & wellness · Real estate · E-commerce & retail · Restaurants & hospitality · All 54 industries in Ontario
Common questions
What is included in your payroll service?
Pay runs on your schedule, CPP, EI, and income tax source deductions calculated, remittances sent to CRA on time, T4 and T4A slips prepared and filed at year-end, and Records of Employment when someone leaves.
When are payroll remittances due?
For most small employers, by the fifteenth of the month after you pay your team. CRA charges a penalty on late remittances that increases the later they are, which is why the deadline sits inside the service rather than on your calendar.
Does payroll flow into my bookkeeping?
Yes. Each run posts straight into your books, so wages, source deductions, and employer contributions land in the right accounts with no re-keying and no separate reconciliation at year-end.
Do you prepare T4 slips?
Yes. T4 and T4A slips are prepared and filed at year-end from the same records that produce your corporate tax return, and they are due by the end of February.
Payroll that lands in your books
One flat monthly price. Book a call and we’ll quote it live.
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