Payroll services in Toronto
Pay runs, source deductions, CRA remittances, and T4s for incorporated Toronto businesses, with the Ontario Employer Health Tax and WSIB handled too.
CRA EFILE authorized · Every file reviewed by an accountant · Switching is free — about an hour of your time
Payroll for Toronto employers
Toronto businesses tend to hit payroll complexity early. Mixed teams of employees and contractors, hourly staff across multiple locations, commission structures, and headcount that moves with the work. Each of those adds a way for a remittance or a slip to go wrong.
taxifi runs the payroll as part of the same service that keeps your books and files your corporate tax, so a pay run posts into your accounts as it happens and the year-end slips come from the same records.
The Ontario layer
On top of CPP, EI, and income tax withholding, Ontario employers face the Employer Health Tax above an exemption threshold and mandatory WSIB coverage in many industries. Both are handled as part of the monthly service.
Our guide on WSIB for Ontario employers explains which industries require coverage and how premium rates are set.
Employee or contractor
Toronto's agency, trades, and hospitality sectors all run on mixed workforces, and worker classification is where the real exposure sits. If CRA decides a subcontractor was an employee, the unremitted source deductions and the penalties land on the business, not the worker. Our guide on T4 versus T4A covers how the distinction is drawn.
Switching provider
The switch is free and can happen mid-year. We collect year-to-date figures from your current provider so your T4s are complete for the full year, and there is no gap in remittances.
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
Also in Toronto: Bookkeeping services · Small business accounting · Restaurants · Plumbers · Lawyers
More on payroll: Payroll services · Small business payroll · Outsourced payroll · Toronto · Payroll remittances · T4 vs. T4A
All four services: Bookkeeping · Tax · Payroll · Business advisory
Common questions
Do you provide payroll services in Toronto?
Yes. taxifi serves incorporated businesses across Toronto and all of Ontario. Payroll is handled online as part of the same service that keeps your books and files your corporate tax.
Do you handle the Employer Health Tax and WSIB?
Yes. The Ontario Employer Health Tax above the exemption threshold and WSIB premiums where your industry requires coverage are both handled as part of the monthly service.
Can you switch our payroll mid-year?
Yes, and the switch is free. We collect year-to-date figures from your current provider so your T4 slips are complete for the full year and there is no gap in remittances.
How do you handle employees and subcontractors?
Employees get source deductions and a T4; subcontractors are generally reported on a T4A. Getting the classification right matters, because if CRA reclassifies a worker the unremitted deductions and penalties land on the business.
Your Toronto payroll, on schedule
One flat monthly price. Book a call and we’ll quote it live.
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