Small Business

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

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, […]

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, […]

Business owners of all kinds are reopening their doors and welcoming customers again as we’ve entered a period of lockdown restrictions lifting. This calls for bringing back your team, and maybe even hiring new members of your team. But, you don’t want to hire just anybody. You want to secure top-talent employees who can strengthen […]

The topic of constructive feedback is widely discussed, but in practice, it’s rarely done right — if at all. It’s not surprising that negative feedback is often avoided. After all, throughout our lives we’ve been taught that if we have nothing nice to say, not to say it at all. Giving feedback challenges this idea […]

There are few payroll tasks that feel as heavy and complex as having to let an employee go. It’s a critical time for any small business that requires an easy, fast and reliable process for generating a Record of Employment (ROE) so that employees can collect benefits quickly and employers can have the peace of […]

Quick Links Request the report Business resilience defined What the numbers and businesses say The 2021 Canadian Small Business Resilience Report. As we look back on the events of 2020 and the ongoing social and economic impacts, narratives will be dominated by the word “pandemic.” However, as our research has uncovered, conversations about the past […]

Payroll, it’s one of those “common sense” things most of us just accept at face value. You do your job and you get paid for what you do. However, when a major shift happens — like a global pandemic — payroll software companies, like Wagepoint, are a “canary in the coal mine” in terms of […]