From manual data entry to tax form submissions and payments, your employees may invest numerous hours, or even days, in these tasks.
With over 200 5-star reviews on Google, BTCPA has also secured consecutive awards on Clutch, been highlighted in the Canadian Star, and recognized as one of the Best Companies for 2022 on “ThreeBest Rated”.
Our Chartered Professional Accountant understands how to streamline the payroll process for our clients. Leveraging cloud-based accounting software, we securely store your data on remote servers, enabling automatic reconciliation of accounts and simplifying the entire procedure. With the right software, we efficiently track employee hours, automate payroll, and schedule payments to ensure timely completion.
Moreover, we utilize appropriate software to simplify updating employee personal data, facilitating seamless transitions. Additionally, our accountant swiftly performs tax calculations, minimizing errors that are common with manual processes. By minimizing manual intervention in managing our clients’ payroll activities, we significantly reduce errors, leading to cost savings for your business.
Handling payroll involves numerous considerations. Ensuring timely pay periods, meeting deadlines, and adhering to taxation guidelines are paramount. Failure to do so can result in costly penalties for the business. Moreover, the substantial data entry involved makes manual processing prone to errors, potentially leading to over or underpayment of employees and subsequent compensation claims. To mitigate these risks, consider enlisting the services of BTCPA for income tax preparation in Canada.
Begin your journey with a complimentary consultation customized to your needs. Our experts are ready to guide you through the process, offering insights and solutions to help you achieve your goals. Schedule your free consultation today and take the first step towards success.
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To streamline your operations and optimize cost-effectiveness, we tailor our payroll services to your business’s specific needs. Whether your payroll runs bi-weekly, semi-monthly, or monthly, we select the most efficient solution to save you money. Additionally, if your workforce comprises predominantly salaried employees or includes a mix of full-time and part-time staff, adjustments are made accordingly during service runs. We understand that high staff turnover can complicate matters, which is why we’re dedicated to simplifying processes for you. Reach out to us for personalized tax services in Canada.
By entrusting us with your payroll and other accounting needs, we consolidate all your financial information and provide comprehensive services from our office. For many clients availing our accounting services, managing their needs is simplified as we already possess their financial data. Utilizing online software enables convenient access to your data at any time. Moreover, we offer straightforward training to empower clients to review their data in innovative and beneficial ways.
At BTCPA, we specialize in payroll accounting services customized to meet your unique needs. Our dedicated team understands the complexities of payroll management, and our services are designed to ensure accuracy and efficiency. With our Chartered Professional Accountant specializing in payroll accounting and taxation, you can trust us with all your payroll requirements.
We offer comprehensive payroll services, including salary calculations, payroll tax filings, and employee benefit management, customized for businesses across Canada. Whether you are a small business owner, an entrepreneur, or a director of a large institution, our experts are well-equipped to handle even the most complex payroll processing and compliance tasks. Drawing from our extensive experience serving clients in various fields, including real estate, property management, healthcare institutions, and construction, we have the expertise to ensure your payroll is managed seamlessly.
For the current year, both the employer and employee can contribute a maximum of $2,748.90 to the CPP each.
The contribution rate rose from 4.95% to 5.10% following the implementation of the CPP Enhancement on January 1, 2019.
In addition to withholding income tax, Canadian employers are required to deduct Canada Pension Plan (CPP) contributions, Employment Insurance (EI) premiums, and any relevant provincial employer taxes (source deductions).
How We Help?
How We Help?
How We Help?
How We Help?
+1 647-366-7722
info@btcpa.ca
28 Village Center Pl, Suite 206 Mississauga, ON L4Z 1V9