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.
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