How much bookkeepers and payroll charge


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Azeem11   
Member since: Apr 10
Posts: 22
Location:

Post ID: #PID Posted on: 28-02-12 23:27:11

Hi all,

Just looking for experts that can do book keeping or payroll services for a single person. Does anyone know how much the charges would be per year approximately.

Thanks,

Azeem



dudewheresmycar   
Member since: Jan 07
Posts: 980
Location:

Post ID: #PID Posted on: 29-02-12 10:38:00


Most people do payroll on their own.. Most small companies like urs dont do book keeping.. Most people only file tax returns once a year.


Payroll is not that complicated..

I use this calculator for calculating with holdings.
http://canatax.com/cdnpayroll.php?prov=ON&lang=EN

If u or ur family member owns the business then u should not deduct EI and u should multiply the CPP by 2 and pay the withholding to cra.

I do it once a year to save the hassle. If u dont want to deal with that then u can take money out as management fee while doing ur returns.In the meantime you can use ur business account money any way you please and then make sure u have enough money to do ur taxes and returns at the end of the year..



Azeem11   
Member since: Apr 10
Posts: 22
Location:

Post ID: #PID Posted on: 29-02-12 20:12:37

Yes but I want to be salaried as I want income to show the bank incase I need mortgage or any other loan. I would like to do it properly this year but thanks for the feedback.





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