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
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..
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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