PAY AS YOU EARN
Payroll accounting is a very crucial aspect of any business, and as you probably already know, it can be very time-consuming. Coupled with the ever-changing regulations, managing your payroll can be a daunting task for any small or medium-sized business owner. One such regulation is the Pay As You Earn system of taxation that you need to be aware of.
Pay As You Earn is used by the government as a means to collect federal and provincial income taxes, Pension Plan contributions, and Employment Insurance from your employee's earnings. Often the formula for calculating how this works can be quite confusing.
Fortunately, ProfessionalBookkeepers.ca is here to make your life easier. We have been helping our Burlington area clients for over 30 years and are proud of the customized payroll solutions we offer. Regardless of the nature of your business, our expert team will guide you through payroll until everything’s crystal clear and impeccably organized. Call now for a chat.