Payroll Management

Payroll Done Right — Every Pay Period

Full-cycle payroll processing for Toronto small businesses. From calculating deductions to CRA remittances, T4s, and Records of Employment — handled accurately and on time, every time.

Payroll calculations & pay stubs

CPP, EI & income tax remittances

T4 slips & T4 Summary filing

ROEs & CRA compliance

Book Free Consultation (416) 286-2886

What's included

CRA remittances — always filed on time

Payroll processing & pay stubs
CPP, EI & income tax deductions
CRA payroll remittances
T4 slips & T4 Summary (year-end)
Records of Employment (ROE)
New hire setup & termination support

★★★★★5-Star rated Toronto CPA firm

Full Service

Everything Your Payroll Needs — One Simple Package

From processing each pay run to year-end T4 filing and CRA compliance, we handle every part of your payroll so you never miss a deadline or a deduction.

Payroll Processing

Accurate pay calculations for hourly, salaried, and commission employees every period — weekly, bi-weekly, or monthly — with electronic pay stubs delivered each run.

CPP, EI & Tax Deductions

Precise calculation of Canada Pension Plan contributions, Employment Insurance premiums, and federal and provincial income tax withholdings for every employee.

CRA Payroll Remittances

Timely remittance of all source deductions to the CRA. We track your remittance schedule — regular, quarterly, or accelerated — and file on your behalf every period.

T4 Slips & T4 Summary

Year-end preparation and CRA e-filing of all T4 slips and the T4 Summary return, due by the last day of February. Employees receive their T4s on time, every year.

Records of Employment (ROE)

Accurate and timely ROE preparation for terminations, layoffs, and leaves of absence — filed electronically through Service Canada within the required 5-day window.

New Hire & Termination Setup

Complete employee onboarding — TD1 forms, direct deposit setup, and CRA registration — plus proper final pay calculations and offboarding at termination.

Who We Serve

Built for Toronto Employers of Every Size

Whether you have 1 employee or 50, our payroll service removes the complexity of CRA compliance and gives you time back to focus on running your business.

Small Business Owners (1–10 employees)Retailers, restaurants, and service businesses running their first payroll.

Growing Companies (10–50 employees)Companies scaling their headcount who need reliable, hands-off payroll management.

Incorporated ProfessionalsOwner-operators paying themselves a salary through their corporation — T4s and remittances included.

Businesses Switching ProvidersMigrating from ADP, Ceridian, or manual spreadsheets — we handle the transition with zero gaps.

Our Process

Up and Running in 4 Simple Steps

We make switching to managed payroll painless — from onboarding your employees to processing your first pay run, we handle it all.

Free Consultation

We review your current payroll setup, employee count, pay frequency, and CRA account status. No obligation — just a clear picture of what needs to happen.

Onboarding & Setup

We collect TD1 forms, set up your CRA payroll account if needed, configure pay rates and schedules, and migrate any existing payroll history.

Ongoing Payroll Runs

Each period you confirm hours or salaries. We process the run, calculate all deductions, issue pay stubs, and remit to the CRA — all on your behalf.

Year-End Filing

In February, we prepare and e-file all T4 slips and your T4 Summary with the CRA. Employees receive their T4s on time, every year.

Why Choose Us

Why Toronto Businesses Choose Vertex Financial

We combine CPA-level accuracy with the responsiveness of a dedicated local firm — so your payroll is never late, never wrong, and never a source of stress.

Zero Late Remittances

CRA penalties for late payroll remittances start at 3% and escalate quickly. We track every deadline and remit on time — our clients have a zero-penalty track record.

CPA-Reviewed Accuracy

Payroll calculations are reviewed by a licensed CPA — not just run through software. CPP, EI, and tax deductions are always correct for every employee every period.

Flat Monthly Pricing

Predictable per-employee monthly fees — no per-run charges, no year-end surprise invoices. You always know what payroll costs before the month starts.

Full CRA Compliance

We stay current on all CRA payroll changes — CPP2 contributions, EI rate updates, provincial tax tables, and new reporting requirements — so you never have to.

Integrated with Bookkeeping

Bundle payroll with our bookkeeping service and your payroll journal entries flow directly into your books each period — eliminating reconciliation errors at month-end.

Toronto Local & Responsive

We're a GTA firm that knows Ontario employment rules. When an employee is hired, leaves, or something changes mid-period — we respond within 2 business hours.

FAQ

Common Questions About Payroll Management

Pay frequency is your choice — weekly, bi-weekly, semi-monthly, or monthly are all common in Canada. Most of our small business clients use bi-weekly. We process payroll on whatever schedule works best for your business and employees.

For most small businesses (regular remitters), payroll remittances are due by the 15th of the month following the pay period. We track your remitter status and file on the correct schedule every time.

An ROE is required whenever an employee's insurable earnings are interrupted — termination, layoff, leave of absence, or reduced hours. It must be issued within 5 calendar days (paper ROE) or by the second Friday after the interruption (electronic).

Yes. We calculate Ontario vacation pay (minimum 4% for most employees, 6% after 5 years of service) correctly — whether paid each cheque or accrued. We also handle overtime in accordance with the Ontario Employment Standards Act.

T4 slips must be distributed to employees and filed with the CRA by the last day of February for the prior calendar year. We prepare all T4 slips and the T4 Summary, file electronically with the CRA, and deliver copies to your employees — all before the deadline, every year.

Absolutely. Whether you're using ADP, Ceridian, QuickBooks Payroll, or a manual spreadsheet, we'll migrate your employee records, payroll history, and CRA account details with no gaps in remittances or pay runs during the transition.

Ready to Simplify Your Payroll?

Book a free 20-minute consultation. We'll review your current setup, walk you through our process, and give you a flat-fee quote — no obligation.

Book Free Consultation (416) 286-2886