Payroll

When running small business payroll, it’s important to understand payroll deductions. Knowing how they’re calculated, and at which point of the payroll process they need to be applied, is essential for remaining compliant, avoiding costly errors, and paying employees accurately. What are payroll deductions? Payroll deductions are the amounts withheld from an employee’s pay cheque […]

Mistakes happen. However, there are some lessons that are much better taught than experienced. Payroll is one of those. Payroll errors add up, literally. They aren’t just annoying or embarrassing, a wrong keystroke can carry heavy consequences for your business. It could mean wasted hours and resources to fix the problem — or worse, legal […]

Payroll data holds significant power for your small business. Typically, when thinking about payroll, things like T4s, remittance filing, and paying employees come to mind. But payroll data can be used to make valuable decisions for your small business, too. While it might not be immediately obvious how this kind of data can make an […]

In this post, we’ll outline the types of payroll deductions you need to make, along with which kind of remittance schedule you’ll need to follow. As advocates of simple, fast, friendly payroll, we’ll do our best to try to make this as painless as possible.

Whether you’re bringing on your first hire or your fiftieth, it’s important to know the difference between an employee and a contractor. Why? Because misclassifying workers can lead to payroll headaches, tax troubles, legal issues and compliance issues. The Canada Revenue Agency (CRA) holds employers responsible for getting this right, so understanding the key differences […]

As a Canadian small business owner, staying compliant with the Canada Revenue Agency (CRA) is a crucial part of your role, and your employees rely on you to get it right. In 2025, this now includes navigating updates to CPP2, the second phase of the Canada Pension Plan (CPP). Much like the endless follow-ups to […]

When it comes to statutory holidays pay rules and eligibility in Canada, employers are legally required to observe statutory holidays — commonly known as “stat holidays” — as outlined by federal, provincial, and territorial employment standards legislation. These holidays are distinct from vacation time and other forms of paid time off (PTO). However, the rules […]

The Wagepoint 2023 Canada Small Business Payroll Calendar gives you a year-long overview of key small business payroll deadlines so you can focus on running your business without worrying about missing important dates.

On of the most feared year-end documents is the Pensionable and Insurable Earnings Review (PIER). Unfortunately, that’s because it tends to make payroll professionals or employers feel like they’ve done something wrong. Meaning, there’s a sense of wanting to avoid it at all costs. Before diving into how to avoid a PIER, it’ll first help […]

T4s, T4As and Relevés — what do they have in common, other than the fact that T4A and Relevé rhyme? Or, that you could easily refer to these things as “T4-ehs?” for all the confusion they cause. Don’t worry, this article will help answer some of your most burning questions about these forms. 🔥 What […]

There are so many rules in place for employers when it comes to payroll in Canada. And the fact that they vary across provinces or can be influenced by the federal government can make it even more confusing. Even the rules have more rules, so we don’t blame business owners for having so many questions! […]

In 2022, the Canada Revenue Agency (CRA) collected over $38 billion in payroll deductions from Canadian businesses. This significant figure highlights just how important payroll compliance for companies of all sizes is.  As a small business owner in Canada, understanding and following payroll regulations is not only a legal requirement but also a fundamental aspect […]

Payroll management is the set of processes a business undertakes to handle employee compensation. Processing payroll involves tracking and calculating employee hours, deducting taxes, and issuing payments. With effective processes, you can ensure everybody is paid correctly and on time while complying with financial regulations. In Canada, payroll is a tricky territory where human resources […]

When it comes to the unique needs of your business, payroll software features can make or break which platform you choose. It can be a lifesaver or a time-drainer, and we all know which side of the payroll solution coin we’d rather be on. Good payroll software? It gives you the expertise of managing payroll […]

Of all the things that are prone to internal errors in a company, payroll is certainly the most essential. It sustains the livelihoods of all the employees, maintains a brand reputation and minimizes operating costs. But it’s easy to get it wrong.  According to a Ceridian survey, 85% of respondents struggle with payroll technologies, which impedes […]