Payroll

Payroll articles and news, from your payroll BFFs.

February 8, 2023

Employer Health Tax Ontario – 2023 Update

Where there is an employer-employee relationship, and the employer pays the employee, the payroll is subject to Ontario’s Employer Health Tax (EHT).

Understanding Payroll Frequency — The Enigma Decoded

A year can be divided in multiple ways: 52 weeks, 365 days, or 12 months. This means there are different payroll schedules that a business owner can follow — weekly, bi-weekly, semi-monthly, or a combination of a few. How do you know which payroll frequency is the most optimal for your business? While there are […]

How are bonuses taxed in Canada? (2025 Update)

Offering bonuses is a great way to reward and retain top talent—but it often comes with questions from employees about why so much is withheld for taxes. As an employer or payroll service provider, understanding bonus tax in Canada allows you to answer those questions confidently, ensure compliance, and even optimize how bonuses are processed […]

Statutory Holidays Pay Rules and Eligibility in Canada

Unlike the US, employers in Canada are required by law to observe statutory holidays (stat holidays) as per federal, provincial and territorial labour regulations. Commonly known as public holidays, these stat holidays are: Not considered a part of an employee’s annual leave. Usually tracked as paid time off. If you are a federally regulated business […]

Payroll 101: Employee Onboarding Guide for Small Businesses

You sifted through the hiring pool, you found the ideal candidate for your small business that checks off all your boxes, you made the offer and they accepted. Congrats on hiring your first employee! The next step in the process is onboarding your employee. In other words, bringing them onto the team, getting them started […]

Payroll 101: How to Become an Employer & Set Up Payroll for Small Businesses (Canada)

As a small business, have you taken all the right steps to become an employer? There’s more to hiring an employee than making sure everyone has the equipment they need to do their job or installing a shiny new coffee maker. Although, now that we mention coffee, feel free to grab a cup o’ your […]

Payroll 101: A Canadian Small Business Guide to Hiring and Paying Your First Employee

From recruiting to payroll, here’s what you need to know.

The Everything Guide to Small Business Payroll Reports

Have you ever wondered how much it costs your small business to pay its employees? Do you want to know what percentage of your revenue is being spent on payroll? Are you curious about how many hours your employees are working each week? The answers to these questions lie in your payroll reports! Payroll reports […]

Level Up Your Account Security with Two-Factor Authentication

When it comes to protecting your personal and business information, there are a number of approaches to get the job done. For example, simple solutions like updating your password to be more complex or reviewing payroll reports can help you prevent fraud and catch suspicious activity on your account before it’s too late. At Wagepoint, […]

Payroll Compliance Keeps Your Small Business Out of Trouble — AKA Why Payroll Compliance Matters

Wouldn’t it be nice if you could just plug in the payroll numbers, pay employees and move on? Now that’s simple payroll. Buuut there’s this small matter of payroll compliance, and as much as it might give you the heebie jeebies, it’s an integral part of the payroll process. What is payroll compliance and why […]

6 Wagepoint Features You Didn’t Know Existed (But Totally Should)

At Wagepoint, we’re in the business of making your life easier by making sure payroll runs seamlessly. We know that paying your employees on time is top priority so we’ve put together a list of our very favourite Wagepoint features you might not know about, including easy how-to video demos! We’re confident these easy-to-set up […]

What To Know About Claiming Remote Employee Expenses (Canada)

As the general world evolves, so does the work world. Many companies were already offering remote work experiences, but recent years have caused a shift, and now even more businesses have remote employees. Maybe you’re one of them. If you are, you know that means carving out a space to work in your home, using […]

What You Need To Know About Tax Form Amendments And PIER Reports

Introducing tax form amendments and PIER reports. Tax form (T4, T4A and RL-1) amendments and Pensionable and Insurable Earnings Review (PIER) reports are probably terms you’ll hear a lot of at this time of the year. In their own ways, these are all about ensuring that the numbers you’ve submitted during your year-end filing for […]

Actionable Workflow Tips For A Successful Company Year-End

You’re going to make it out of tax season alive. That’s a statement, not a question. To achieve this, the first thing you need to do is be brutally honest with yourself. This prep-step will come in handy when the stress hits — and it will, in one form or another. Stay on top of […]

Small Business All-In-One Resource for T4s

Welcome to your all-in-one resource for T4s! ‘Tis the season to fill out or generate these forms to hand off to the Canada Revenue Agency (CRA) and your employees, so we thought it’d be handy to have the information you’ll need in one place. Whether you’re doing so manually or using a payroll software like […]

Building your Accounting or Bookkeeping Business with Payroll [Webinar Recap]

Building your business with payroll — what does that mean and what does it look like for accounting and bookkeeping practices? Maybe it’s something that’s been on your mind, but you’re not sure where to start, or if it’s even the right step for you. In our recent webinar, hosted by Wagepoint Community Manager Bianca […]