Simplifying Payroll
Discover Finlink Group's Payroll Services, your ultimate destination for top-tier Canadian payroll solutions. Whether you're a fledgling startup, a thriving corporate entity, or a multinational powerhouse, our diverse range of cutting-edge products and tailor-made services is meticulously designed to not only meet but exceed your payroll requirements, taking your experience to unprecedented heights.
Our all-inclusive package, the Finlink Group is ready to outshine your expectations and cater to your distinctive needs. Join us in revolutionizing payroll management – where eminence is the norm and your contentment is our utmost priority
Why Choose Us?
We’re driven by four promises to our clients:
How our Payroll Solutions work
While hiring staff, Finlink Group holds the necessary experience to guide you through local regulations and cultural nuances. We offer businesses assistance in managing payroll for their staff located in this region, covering:
Opening a Payroll Account: Before initiating payroll, you must register with pertinent government agencies. We're here to aid you throughout this process.
Getting a CRA Number: Obtaining or updating your Business Number (BN) from the Canada Revenue Agency (CRA) is essential. This enables us to remit mandatory deductions, such as income tax.
Fully Managed Payroll: We'll take care of all aspects – from local pay to benefits. With our support, ensure your workforce is paid accurately and on time.
Employer Must-Dos
The following reports must be submitted according to strict deadlines. Our service manages these tasks on your behalf.
Provincial/Territorial Payroll Laws: Employment standards, which govern minimum wage, vacation pay, holidays, sick pay, and notice period differ by province. Canadian workers fall under provincial employment law jurisdiction. Canadian law favours employees over employers so businesses must keep meticulous records, deduct and remit on time, and ensure that when employees leave, they’re severed correctly.
Canada Pension Plan (CPP): All working Canadians between the ages of 18 and 70 must pay CPP (or QPP in Quebec). Employers deduct CPP every payroll cycle and remit it to the CRA along with their own equal contribution.
Employment Insurance (EI): All working Canadians between the ages of 18 and 70 must pay EI. Employers deduct EI every payroll cycle and remit it to the CRA along with their own contribution. Employers and employees in Quebec also pay into the Quebec Parental Insurance Plan (QPIP).
Taxable Expenses: Allowances, work perks, and expenses reimbursed without a receipt are considered taxable benefits in Canada and affect CPP and EI contributions.
Tax Forms: Employers must create T4 tax forms.