- 905-372-5490
- contact@pivotop.ca
- Mon - Fri: 9:00 am - 5:00 pm
Handling payroll can be a demanding task for small business owners. At Pivotop Accounting Services, we provide professional payroll solutions tailored to meet the needs of businesses in Northumberland County. Our goal is to simplify the payroll process, ensuring accuracy and compliance while saving you time and effort.
Our payroll services include calculating wages, managing deductions, and processing direct deposits efficiently. We also handle statutory remittances, including CPP, EI, and income tax, ensuring all submissions are accurate and on time. With our expertise, you can rest assured your business in Cobourg complies with government regulations.
Understanding that no two businesses are the same, we customize our payroll services to fit your specific requirements. Whether you have a small team or a growing workforce, we provide solutions that scale with your business needs.
In addition to processing payroll, we deliver detailed reports and insights to help you monitor labor costs and make informed financial decisions. Our services are designed to bring clarity and organization to your payroll operations.
At Pivotop Accounting Services, we take the complexity out of payroll, giving you more time to focus on your business goals. Let us manage the details so you can lead your business confidently.
A payroll is a legal requirement in Canada. It’s important for businesses that pay salaries, wages and tips to have an up-to-date tax program so you can make your source deduction to Canada Revenue Agency properly and on time.
Pivotop Accounting Services provides a full spectrum of payroll services. We help businesses through every stage, from the initial setup to issuing employees and tracking deductions in Cobourg or any part of Canada we serve!
The Canada Revenue Agency (CRA) requires all businesses to register for a payroll account before processing employee payments. Proper registration ensures compliance with federal tax regulations and accurate reporting of employee income for tax purposes.
At Pivotop Accounting Services, we simplify payroll account registration, ensuring your business complies with both federal and Ontario provincial legislation. Our expertise ensures that every step is completed accurately and efficiently, giving you peace of mind and keeping your business fully compliant with legal requirements.
To set up your payroll, we will:
With Pivotop Accounting Services, you can trust us to handle the complexities of payroll registration, allowing you to focus on your business with confidence, knowing your payroll setup is done right.
When operating a business that pays employees, it is essential to manage payroll deductions accurately. Payroll deductions are amounts withheld from an employee’s gross wages to cover government-mandated programs and services, leaving employees with their net pay, as reflected on their pay statements.
Payroll deductions typically include amounts for the Canada Pension Plan (CPP), Employment Insurance (EI), and income tax. Proper calculation and timely remittance of these deductions to the Canada Revenue Agency (CRA) are critical for compliance with federal regulations.
At Pivotop Accounting Services, we provide personalized payroll management to ensure that deductions are accurately calculated, withheld and remitted on time. Our expertise guarantees that all amounts are correctly recorded on tax forms, making year-end reporting and tax preparation seamless.
With Pivotop Accounting Services, you can rely on accurate payroll deduction management, giving you confidence in your compliance while focusing on running your business effectively.
The T4 and T4A forms are essential documents for reporting employee income and certain other payments, such as pension or retirement income, in compliance with Canadian tax regulations. Employers in Canada are required to issue these slips to employees and recipients and submit them to the Canada Revenue Agency (CRA).
At Pivotop Accounting Services, we ensure your T4 and T4A slips are accurately prepared and submitted on time, helping businesses in Cobourg maintain compliance with federal tax laws. Our expertise ensures that all required information is properly recorded, reflecting the income paid and deductions withheld during the reporting period.
Employers must also complete a T4 or T4A Summary for each payroll account, consolidating the information from all slips issued. These summaries, along with the corresponding slips, must be filed with the CRA by the specified deadline to avoid penalties.
Pivotop Accounting Services simplifies the process, ensuring all forms are accurately prepared and filed, whether online or by mail. Let us handle your T4 and T4A reporting requirements, so you can focus on managing your business with confidence.
With Pivotop Accounting Services, you can rest assured that your company is in compliance with all workplace insurance regulations. They will guide and assist businesses through the registration process for Ontario’s Workplace Safety & Insurance Board (WSIB).
Pivotop Accounting Services will register your business with the WSIB in Cobourg. Most Ontario businesses are required to do so, and you can rest assured that by registering early on we’ll be able to provide workplace insurance coverage for both employees AND clients as well as access our expert team members should anything happen at work or elsewhere!
Pivotop Accounting Services helps businesses with the WSIB. We make sure they calculate premiums, report and pay their remittance on time, as well as file any claims for medical treatment of injured employees.
In business, payroll refers to the process of calculating, distributing, and managing employee wages, salaries, and deductions, including taxes and benefits, ensuring compliance with government regulations and accurate financial reporting.
To set up a payroll account with the CRA, register your business online through the CRA Business Account or by phone, providing your business number (BN) and required employee payroll details.
Payroll is essential for a business as it ensures employees are paid accurately and on time, builds trust and morale, maintains compliance with tax regulations, and provides financial records for budgeting, reporting, and strategic decision-making.
Hi, we’ve changed our name but you can still expect the same great services from us at Pivotop Accounting Services.