Streamlining Your Payroll: Expert Administration Services in Ottawa

Streamlining Your Payroll:
Expert Administration Services in Ottawa

Managing payroll and employee benefits isn’t just about writing checks – it’s about ensuring compliance, maintaining accurate records, and keeping your employees happy. At Priti Lad CPA, we understand that payroll administration can be overwhelming for businesses of all sizes in the Ottawa region.

Canada’s decision to implement a digital services tax reflects a broader trend among nations grappling with the taxation complexities of digital commerce. The government’s move aims to address the tax challenges posed by multinational corporations like Google parent Alphabet and Amazon.com, which often exploit legal loopholes to minimize tax obligations.

Despite international efforts to establish unified taxation standards, progress has been sluggish, prompting Canada to take proactive measures.

Management Made Simple

Your time is valuable, and managing weekly payroll shouldn’t consume your entire workweek. Our comprehensive payroll services handle everything from calculating regular wages and overtime to processing bonuses and commissions. We ensure your employees are paid accurately and on time, every time.

Our Weekly Payroll Services Include:

Precise calculation of regular wages, overtime, and special payments
Processing of statutory deductions (CPP, EI, and income tax)
Direct deposit management
Vacation pay tracking and administration
Digital paystub generation and distribution
Real-time payroll reporting

Government Compliance and Filing

Staying compliant with Canadian payroll regulations is crucial for every business. We handle all your government filing requirements, including:

Monthly or quarterly remittances to CRA
T4 preparation and filing
ROE (Record of Employment) processing
WSIB premium calculations and payments
EHT (Employer Health Tax) reporting

Benefits Administration

Employee benefits are a crucial part of your compensation package. Our team manages:

Group benefits coordination
RRSP contribution tracking
Health spending accounts
Benefits deduction calculations Annual benefits reconciliation

Year-End Consolidation and Reporting

Our year-end services ensure your payroll records are accurate and complete:

T4 and T4A preparation and filing
Year-end adjustment calculations
Bonus and special payment processing Benefit reconciliation and reporting
Preparation of year-end payroll journals
Integration with accounting records

Why Choose Our Payroll Services?

Expertise: Our team stays current with changing regulations and tax laws
Time Savings: Focus on growing your business while we handle the details
Accuracy: Reduce errors and penalties with professional oversight
Cost-Effective: Save on software and training costs
Peace of Mind: Rest assured knowing your payroll is in expert hands

Local Understanding, Professional Service

As an Ottawa-based CPA firm, we understand the unique needs of local businesses and the specific requirements of Ontario employment legislation. Whether you’re a small business with five employees or a growing company with fifty, our scalable solutions adapt to your needs.

Contact Priti Lad CPA today to learn how we can streamline your payroll and benefits administration. Let us handle the complexity while you focus on what matters most – running your business.

Streamlining Your Payroll: Expert Administration Services in Ottawa