BizSugar.com › Finance › 4 Alternatives for Preparing Your Small Business Payroll

Paying employees (or yourself) requires more than just knowing the amount that you are going to pay. The Canadian tax authorities requires that employers calculate a variety of taxes on the salaries paid, remit them to the federal and provincial governments and prepare annual reports demonstrating that the calculations are correct and all amounts have been paid. This can be a lot of work for business owners whose time is more valuably spent generating sales and building their businesses. Luckily there are many options that help simplify and guide business owners through the process: