Small Business

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 […]

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 […]

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

Whether you’re just starting your small business and looking ahead to your future needs or you’re at the cusp of growth where you’re considering a human resources (HR) solution, you probably have questions. HR gets a bad rap, but realistically, it’s people management, and something you’ll want to consider as you grow your team. So, […]

There are a lot of challenges facing workplaces these days — from employee shortages to layoffs to the continued fight for equal pay. You may have even heard of the two latest buzzwords (that really aren’t new to the workplace at all): Quiet quitting and quiet firing. Quiet quitting = An employee doing the bare minimum […]

We all love a good hack or two that makes life so much easier, and that’s no different for small business owners. Productivity is the name of the game for smooth sailing in small business, so why not use time management tools and other hacks that make it happen? We’ve gathered some of our favourite […]

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 […]

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, […]

Onboarding is a journey — it’s a foundational part of the employee experience you offer. In onboarding, we want new employees to feel a sense of belonging, as well as learn what defines their success and what makes your business a successful one. Here are some ideas to give your small business onboarding experience a […]

Get ready for these employment tips for small business owners! They aren’t just your run of the mill tips, but tips through the legal lens from our friends at Goodlawyer. That’s right, these are the kinds of tips that can help protect your business. Read this first! The tip above all other tips. Although we […]

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 […]

Updated January, 2022. Together — income tax, federal taxes and provincial taxes — are all grouped under the bucket category of payroll taxes (employer taxes and/or source deductions).

While British Columbia (BC) has various legislation around taking time off, starting January 1, 2022, British Columbians will now be able to stay home if they have a personal and unexpected illness or injury. The good news is they won’t have to worry about it affecting their pay cheque! This comes after almost two (2) […]

Recently, we introduced our Year-End Survival KITs (KIT stands for Keep It Together) to small business owners and the accountants and bookkeepers who support them — but despite all the preparing you can do, we all still experience tough days from time to time. Even if you’re a member of the world’s friendliest payroll team. […]

Payroll can mean completing a lot of scary tasks for small business owners — like making the right calculations and filing taxes correctly and on time to the government. On top of that, consider needing to make corrections during a busy year-end season! Now that sounds like a real nightmare. As the old adage goes, […]