Services
Payroll
If you are looking to have your payroll professionally managed by an Accounting firm then look no further, we at KJ Mac Services can manage your payroll function for you regardless of the number of employees you have in your company.
As part of our payroll services, we can prepare your payroll, deposit funds into employees accounts, and provide payroll reports for record keeping purposes.
In addition, we have a team of professionals that you can utilize to not only manage your payroll function, but also analyze and payroll interpret reports in order to better understand correlations between certain costs, and prepare forecasts for the fiscal year.
As part of our payroll services, we ensure that our clients are in full compliance with Income Tax & CRA rules and regulations.
We ensure that our clients are in compliance with the Ontario Ministry of Labour requirements such as calculating vacation pay, statuary holidays and over time etc. Registering with Workplace Safety and Insurance Board (WSIB) is also important for a business having employees, our team can register your business with WSIB as well as help you calculate and submit WSIB payments that are required specific to your business.
In terms of Year-End Employer responsibilities, we prepare and issue tax slips for our clients as part of payroll services such as T4, T4a, T5, and any other slips applicable
We also provide monthly, quarterly and yearly HST filing for your business.
If you are registered with Canada Revenue Agency for GST/HST then you would be required to file a periodic return in which you would be reporting taxable sales, and calculating the amount of GST/HST which must be remitted to the federal government for that period.
To some extent, you may have a choice in how often you are required to file your GST/HST return depending on your business size.
When the return period is annual, returns and remittances for the period are due generally no later than three months after the fiscal year-end of the business.
Any GST/HST remittance owed for the year is due and payable to the federal government by April 30. If you have a business and require your HST return to be prepared and filed with CRA, you can contact us and we can prepare and file it for you so you can any penalities and/or Interest charges due to late or no filing.