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.
Payroll articles and news, from your payroll BFFs.
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 […]
Sometimes, you just need a straight answer to a payroll question that doesn’t sound like an accounting textbook (no offence, accounting textbooks). So, to empower you with the knowledge and confidence you need to tackle tax season for your small business, we’ve done the digging and teamed up with Wagepoint’s friendly payroll tax experts — […]
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 […]
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.
Payroll year-end has a way of making even the most fearless small business owners feel like castaways, adrift in a sea of payroll paperwork with the Canada Revenue Agency (CRA) looming on the horizon. It’s like being stuck on an island, Tom Hanks-style—frazzled, isolated, and just waiting for a volleyball named Wilson to show up […]
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 […]
A collection of our best small business articles.
Payroll is a tall order for businesses of all sizes, but especially small business owners. The payroll process is complex. It’s filled with time-consuming tasks, lots of legislation and rules, remittances to the Canada Revenue Agency (CRA) — all on top of running your business. To help simplify the payroll process, there are a variety […]
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 […]
Sometimes, you just need a straight answer to a payroll question that doesn’t sound like an accounting textbook (no offence, accounting textbooks). So, to empower you with the knowledge and confidence you need to tackle tax season for your small business, we’ve done the digging and teamed up with Wagepoint’s friendly payroll tax experts — […]
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 […]
While QuickBooks Payroll may be one of the more popular choices, it’s not the perfect fit for everyone. Most of the pages you’ll read online about QuickBooks and their top competitors are more focused on the U.S. market. That’s why we’ve tailored this specifically to the needs of Canadian small business owners and bookkeepers. So, […]
While ADP Payroll is one of the better-known options for payroll services, we’re here to guide you through the best Canadian ADP Payroll alternatives on the market and why people look for alternatives in the first place. You’re a busy business owner, and you need the best possible fit in payroll software. Let’s dive into […]
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.
Payroll year-end has a way of making even the most fearless small business owners feel like castaways, adrift in a sea of payroll paperwork with the Canada Revenue Agency (CRA) looming on the horizon. It’s like being stuck on an island, Tom Hanks-style—frazzled, isolated, and just waiting for a volleyball named Wilson to show up […]
A collection of our best articles for the accounting and bookkeeping community.
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.
Did you know that cloud-based accounting practices are nearly twice as likely to experience revenue growth? In fact, a staggering 74% of practices using cloud-based accounting solutions reported an increase in revenue. Technology is more than a convenience, it’s a catalyst for growth. In our recent webinar, “How Technology Fuels the Success of Bookkeeping and […]
Advances in technology have transformed every industry, and payroll is no exception. Artificial Intelligence (AI), machine learning, and automation have revolutionized payroll processing, but one thing remains unchanged — human expertise is irreplaceable. Adopting payroll automation isn’t just about using new tools; it’s about evolving your role. By embracing technology, bookkeepers and accountants can move […]
Payroll is often seen as an add-on service for bookkeepers and accountants, secondary to their core work. However, it can be a powerful service for growing your business, especially when serving small businesses. After all, small businesses make up 46.8% of private sector employment in Canada — that’s over 5.7 million people relying on payroll. […]
For many small businesses, payroll year-end is the ultimate test of endurance — a high-stakes challenge where mounting deadlines, complex regulations, and the risk of costly penalties converge. It’s no wonder so many business owners dread this time of year. The stress can feel overwhelming, like battling a relentless force of Kryptonite. But this is […]
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.
For small business owners, administrative tasks can consume as many as 120 working days per year. This is why bookkeepers and accountants are essential partners for any business, large or small. But as any professional bookkeeper or accountant knows, bookkeeping is a labor-intensive job. This is why automated bookkeeping offers a highly effective solution to […]
With the right approach, switching payroll companies can be painless — and even beneficial for your business and employees alike. When you’re already juggling multiple responsibilities, changing a key business tool can feel like more hassle than it’s worth. Especially when it comes to something as sensitive as your payroll. The last thing you want […]
Our best stories about time and attendance tracking for small businesses.
Making an efficient work schedule is a core part of ensuring your business runs smoothly from day to day. But as any small business owner knows, there’s a lot more to it than just jotting down some hours. In fact, keeping your team members happy while also meeting business needs can be downright anxiety-provoking — […]
No question, PTO management software is a must-have for growing teams. Imagine your entire team booking off the same day to go golfing without you realizing. That might be fun team building, but it’s not so fun for coverage in the workplace. Manual PTO tracking is last century. The answer, of course, is PTO management […]
Employee time tracking plays a big role in an efficient workday, whether you opt for manual or software-driven systems to help you manage it. Time tracking, or accurately recording the hours worked by employees on their various tasks and projects, allows small businesses to: Keep an eye on productivity Divvy up resources efficiently Make sure […]
Finding the best employee time management software isn’t just about finding a handy tool — it’s about being functional, smoothing out workflows for your teams and meeting any of the other specific needs a business might have. Whether you’re a small business owner looking to track shifts and billable or non-billable hours for your small […]
One of the best ways a small business owner can make sure employees get to jobsites on time is by using geofence time tracking software. There’s nothing less professional than having your people turn up late, especially when it’s you and your company’s reputation that’s on the line. Let’s go through this list of the […]
Learning how to track employee hours is part of doing business. Time-tracking makes it possible to pay your team the right amount and accurately manage your business workflow. Small businesses don’t have a ton of people to keep track of, so you should be able to streamline team tracking and payroll management on your own, […]
As a small business owner, you know that time is money. Accurate payroll, efficient project management and improved productivity are a big part of your business’s success. But managing time can be a daunting and, well, time-consuming task. Especially when you’re juggling various jobs, specific projects, billable hours, invoices… The list goes on. Keeping up […]
Punch cards, folded up pieces of paper, written timesheets and emails with best-guessed numbers were once the common ways of tracking employee time. For some of you, it may still be! The reality is these methods had their time, and with efficient time and attendance software now here to do the job, we think that […]
Our best HR articles and tips.
If you’re a small business owner in Canada, let’s talk about something that’s probably been on your mind: HR software. Now, before you start thinking about daunting spreadsheets and endless forms, let me tell you, there’s a light at the end of the tunnel. Choosing the right HR software can free up your time and […]
We could explain employee objectives and define several subcategories of employee objectives — and we will — but employee objectives examples will help make all that crystal clear. Without examples, you might understand what they are, but it wouldn’t be as easy to recreate them in your business — which is the actual goal. So, […]
Learning how to track employee performance plays a big part in business success. Without a system for employee performance tracking, you can’t know if your team members are improving, growing into their roles or contributing to your company in a way that directly moves you closer to your business goals. Regular performance reviews is one […]
Employee management software helps to take the burden of managing HR-related tasks off your shoulders and boosts employee satisfaction in one. With the right tool, your workforce stays productive and happy, and you get to free up time to focus on your core business needs. As a small business owner, you already know how much […]
New employees can be vulnerable, out of their element, stressed, and eager to please. Instead of providing a nurturing environment and offering instant validation, however, many businesses expect their new hires to turn into genuine attack dogs in a matter of weeks, providing little training coupled with high expectations. Given that the newest workforce generation […]
It’s the end of December! Businesses around the world are planning for the new year and thinking about what they’d like to accomplish in the coming year. Call them what you will — goals, objectives, milestones, Key Performance Indicators (KPIs) — it’s important for small businesses to plan and set targets for the business and […]
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 […]
Real stories from real Wagepoint customers, just like you.
“I value my time as really important. So the work-life balance is crucial.” What do you get when you combine a last minute need for flowers (for your own wedding) with an eye for business? Floral haven Thyme Studio started when co-founder Nas Neufeld was about to get married and didn’t know where to turn […]
As a payroll practitioner and professional bookkeeper, Melissa Lenos, CPB, PCP, of King Business Solutions knows her stuff when it comes to the payroll and bookkeeping process. She understands the implications of many finer payroll details that small business owners might not know to look for, what the consequences are of not meeting compliance or […]
As the name suggests, Flux Connectivity‘s space is connectivity equipment such as cables, wire harnesses, junction boxes and control panels. Founded in early 2018, the Alberta-based company describes itself as an innovative contract manufacturer of various connectivity products, but they aren’t just making any old cables and boxes. The company’s mix of 16 employees and […]
Walk the Store is a force behind brands in the Consumer Packaged Goods (CPG) space looking to get their products on store shelves. The mission doesn’t stop at representing a brand to a retailer and getting their items on the shelf. The brokerage also strives to help brands build relationships with retailers that’ll give them […]
Yoogs Inc. is a bilingual Québec-based accounting and bookkeeping practice that likes to keep things super simple for themselves and their clients. They know their clients just want to run their business, so they help by taking the bookkeeping work off the table via easy peasy, paperless applications online. It’s not just about a simple […]
When Dubbeldam Architecture + Design isn’t running payroll (which is a lot of the time!), they’re taking on design projects that bring sustainable approaches to the forefront. This Toronto based architecture and design practice is a multidisciplinary studio, so you might catch them putting their magic touch on residential, hospitality and commercial spaces or even […]
Milky Way Virtual Business Services, or Milky Way for short, is a virtual practice whose team wears many hats. Apart from bookkeeping, they also support online-based businesses through project and operation management. These multiple skills and diverse services equip them to take on multifaceted businesses, and they have a particular love of helping startups grow […]
The St. Lawrence Academy‘s eight full time and two part time employees come together to shape the minds of youth from kindergarten to grade 8. Their goal: To inspire children and teach them skills that’ll shape them into leaders and active members of their communities. Care, acceptance and respect are among the traits they strive […]
Extra! Extra! Get the scoop on the latest Wagepoint news.
Driven by a mission to champion small businesses in Canada and make a positive impact across our communities, Wagepoint is excited to announce a new partnership with our friends at Alterna Savings. 🎉 The partnership allows Alterna members to enjoy exclusive pricing for Wagepoint’s simple payroll software, empowering them to spend less time on complicated […]
As we bid farewell to 2023, it’s not just another year in the books; it’s a chapter of growth and partnership that we’re proud to share with our incredible accounting and bookkeeping allies. In 2022, we witnessed the unwavering dedication of accountants and bookkeepers across Canada, as they embraced the theme of “Evolve and Grow.” […]
Wagepoint may be in the business of payroll, but it’s the business of people that truly sets it apart. This week, we’re super excited to announce that Wagepoint was named one of Canada’s 2022 Best Workplaces for Inclusion and Mental Wellness by Great Place to Work®, a global authority on high-trust, high-performance workplace cultures. Our […]
Today, Canadian fintech company Wagepoint is doubling-down on its mission to bring happiness to small businesses and their teams with a new acquisition. KinHR – soon to become People by Wagepoint – has joined Wagepoint’s family of products, which will create a single solution that takes payroll, time and attendance and (now) human resources tasks […]
Inspired by small businesses who love simplicity and hate doing things the “ugh” way, Wagepoint is excited to announce a new integration with our friends at Xero, the global small business platform that helps SMBs and their advisors grow and thrive. (We love that!) Our relationship levels-up this week with the release of a new […]
Wagepoint announces its first acquisition deal with Timesheet Mobile (TSM), a like-minded friend and leader in geofence-enabled workforce management for small businesses in over 30 countries.
FoundersBeta is a global online community of founders, innovators and change-makers with over 6000 members. They’re on a mission to become the number one online destination for startups and scaleups across the globe to find top talent and resources. Wagepoint is proud to announce our partnership with FoundersBeta. We firmly believe in their mission and […]
“Awesomesauce” is not a word typically used to describe payroll companies, but for the People Ops team behind Wagepoint’s human resources successes (and shenanigans), it’s exactly the type of compliment that fits. The fintech company known as the world’s friendliest payroll provider is now being recognized for being a friendly employer, too, with a Silver […]
Handy research and reports about small businesses, accounting and payroll.
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.
New employees can be vulnerable, out of their element, stressed, and eager to please. Instead of providing a nurturing environment and offering instant validation, however, many businesses expect their new hires to turn into genuine attack dogs in a matter of weeks, providing little training coupled with high expectations. Given that the newest workforce generation […]
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 […]
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 […]
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 […]
In our fast-paced world, sometimes picking up the phone is the best way to ensure proper communication and get a problem resolved for our clients. Although you may not have time for a friendly chat, our friends at the Canada Revenue Agency (CRA) do. Emails are a frequent way to communicate on a timely basis, […]