Payroll

We’ve checked out the most popular payroll software applications in Canada to help you choose which works best for you. Read on for our recommendations.

In this article we’ll look at employment insurance benefits and how they relate to corporate or self-employed business owners.

This article will explain the difference between hiring an employee vs hiring a contractor. We'll also explain the benefits of hiring a contractor and the benefits of hiring an employee.

In this article we explain the tax implications of employee gifts and bonuses. We’ll look at the different kinds of gifts and their tax treatment for both the employer and employee.

If you’re looking for a simple way to calculate payroll taxes and net pay for a single employee, the CRA payroll deductions online calculator is often the quickest option. This article will give detailed steps showing you how to use the CRA payroll deductions online calculator.

So you’ve hired your first employee. Work is getting done and you don’t have to be the person to do it all!  Now that you have all of this free time... (◔_◔) let’s take 5 minutes to understand how to pay your employee.  

We get asked this question a lot. And for good reason, it’s not always clear how much you should be taking home as an owner. Too much and you will starve your company of cash. Too little and you might as well just get a job. It’s a tough balancing act, but this article will give you a framework to answer the question for yourself.

Salary vs. Dividends, which is better? This article will look at the difference between paying yourself a salary or paying yourself dividends. We'll discuss the main advantages and disadvantages of each and look at some common scenarios for when a business owner may choose one method over the other.

This article will explain the changes relating to home office expenses that can be claimed by employees who worked from home in 2020.We’ll look at the different claiming methods and forms and when to use them, what employers need to do and what expenses employees can claim.

We come across this issue fairly often. A business has set up payroll and decided on a payment frequency, but circumstances have changed and a change in pay frequency is needed.This is fairly easy to accomplish; however, the changes affect how employees are paid so it must be handled with special care.