T2 quotation

4 products
  • $35.00
    $35.00

    Whether you are a Canadian limited company or a self-employed small business, if you need to hire employees, you need to process payroll and become an employer. As an employer, you need to be aware of the following important issues:

    1. Sign an employment contract: Make sure you have a signed employment contract that clearly states the terms and conditions of employment.

    2. Apply for a payroll tax ID: You need to apply for a payroll tax ID. Once approved, you must strictly abide by labor law regulations, otherwise you will face significant risks.

    3. Salary calculation: Depending on company regulations, you can calculate your salary on an hourly or monthly basis. However, you must follow your tax authority's rules and deduct personal income tax and Canada Pension Plan (CPP) contributions, but not Employment Insurance (EI) payments. The amount of salary payment can be comprehensively considered based on the company size and tax burden. For employee salary payment, in addition to deducting personal income tax and CPP, the company also needs to pay the same amount of CPP and 1.4 times EI.

    4. Occupational Work Injury Insurance Number (WSIB): Please click here to download the Chinese brochure to learn about WSIB and the application process.

    5. Employer Health Tax (EHT): Pays employee wages and related payroll taxes.

    Please note that Canadian payroll taxes have very severe penalties for non-compliance, so it is important that payroll taxes are enforced on time and accurately.

    Our services (calculation and reporting):

    • Salary calculation: We calculate wages accurately to ensure accuracy.

    • Salary Report: We provide detailed salary reports to comprehensively record and present your salary information.

    • Payroll tax calculation: We professionally handle payroll tax returns to ensure you comply with relevant tax regulations.

    • End of Year T4: We are responsible for the preparation and submission of the year-end report (T4).

    • EHT filing: We file Employer Health Tax (EHT) returns on a monthly basis to ensure you comply with relevant tax obligations.

    • Work-related injury insurance declaration: We assist you in completing the declaration for occupational injury insurance (WSIB).

    • Job Resignation Certificate: We provide a complete job resignation certificate (ROE) to ensure compliance operations.

    • Personnel Employment TD1 and ONTD1: We provide personnel forms and documents (TD1 and ONTD1) to help you manage the employment process.

    For more than 15 people, please contact us via email to place an order

  •
    $0.00
    $0.00

    If you needsalary calculation service,please click the link to purchase the service:salary calculation service

    If you needZero tax return for limited liability company,Please click the link to purchase the service:Zero tax return

  •
    $50.00
    $50.00

    Tax Number Applications for Canadian Limited or Unlimited Companies

    Once you submit the form, our accountants will review it and send you a link on how to correctly fill out the form online. If you need any additional information, please contact us during business hours. Below is a brief description of each account:

    1. Corporate Income Tax Account (Limited Company Tax Main Account): This tax number is used to report and pay corporate income tax.

    2. GST/HST Account (Sales Tax Account): GST/HST represents sales tax. If your company sells goods or provides services, you may need to apply for this tax number.

    3. PST Account (Applicable Provinces): Certain Canadian provinces impose provincial sales tax (PST). If your company sells goods or provides services in these provinces, you may need to apply for a PST tax number. Different provinces may have different tax authorities and procedures.

    4. QST Account (Quebec Province): If your company sells goods or provides services in the Quebec province, you need to apply for the Quebec Sales Tax (QST) number.

    5. Payroll Account (Required for Payroll or T4 Forms): If your company employs staff, you need this account to withhold and remit income taxes from employee salaries and wages.

    6. Import Goods Account (Import Goods Customs Number): If you plan to import goods from other countries, you need to register and obtain an import goods tax number from the Canada Border Services Agency (CBSA).

    7. Export Goods Account (Export Goods Customs Number): If you plan to export goods to other countries, you need to register and obtain an export goods tax number for customs compliance.
  • $199.00
    $199.00

    WSIB is similar to the domestic work-related injury insurance we are familiar with. The full name of WSIB is the Workplace Safety and Insurance Board (The Workplace Safety and Insurance Board). Except for special industries, other employers must purchase this work-related injury insurance for their employees in accordance with the laws and regulations of their respective provinces.

    Once you complete this form, pay and submit, it will be reviewed by our accountants and submitted to the WSIB/WCB agency. If any information is missing, we will contact you promptly.

    Are you engaged in the following occupations?

    • I run a construction business I own a restaurant or bar
    • I run a sales and service, agricultural, or manufacturing business
    • I operate a business in the trucking or transportation industry I am a homeowner or private resident employing a household employee such as a nanny, nanny, cook, gardener, handyman, housekeeper, maid, etc.
    • I operate any of the following businesses: Banks, trusts and insurance companies Trade unions Private schools or private daycares Travel agencies Photographers Barbers and many hair salons (with exceptions) Funeral directors, etc.

    To the greatest extent, you will need to register for WSIB/WCB.

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