Payroll Returns Mississauga, Ontario
Did you know that you must make deductions on amounts you pay if you are an employer, a trustee, or a payer? After you have made the deductions of your employees’ CPP contributions, EI premiums, and income tax, you must remit them along with your share of CPP contributions and EI premiums to the CRA. You must report these remittance amounts on the appropriate information return.
You need to understand your responsibilities as an employer and understand how payroll works. If you do not understand the steps in the payroll process, you may be fined for penalties, incur interest, or suffer other repercussions. We help you to understand your responsibilities as an employer and help to keep you compliant with the law.