As an employer, you are required by law to make accurate employee source deductions and remit the appropriate taxes to the Canadian Revenue Agency (CRA). If your organization is not in compliance with the current tax rules and regulations, there is a very real and significant risk of being assessed costly tax-filing penalties along with a potential CRA investigation. These remittances must be remitted on time and in compliance with regulations.
We’ve found that many Calgary small business owners still manually track employee hours and earnings. Adding time cards, calculating pay and overtime and processing deductions on a spreadsheet is a time-consuming endeavour fraught with errors.
Thankfully, Calgary payroll processing does not need to be difficult. Your job as a owner is to take care of your thriving business and team. As recognized members of the Canadian Payroll Association, our goal is to make your payroll process as effortless as possible so you can focus on other aspects of your business. We work with your organization to manage your unique payroll structure to mitigate the risk of penalties for late filing and non-compliant remittances.
If you’re looking for Calgary payroll processing services, Platinum Bookkeeping & Tax has you covered. Contact us today to learn more about how we can assist you with your business.