How to apply for GST/ HST credit in Canada?
The Goods and Services Tax (GST) Credit, referred to as the Harmonized Sales Tax (HST) Credit in certain provinces, is a tax-free payment issued by the Canadian government every quarter.
Are you looking to get more assistance with processing payroll for your staff members? For small businesses, SMEs, start-ups, and major enterprises looking for some additional assistance with processing their payroll, Taxccount provides the most reliable and effective payroll support services. We are experienced with a variety of payroll support platforms and can help you with your selection.
With the help of Taxccount’s personal assistant payroll and part-time payroll assist services, you can guarantee that your employees receive appropriate compensation and that your business fully taxes compliant.
One of the most tiresome and time-consuming facets of managing a small business is processing payroll. In addition to making sure that employee payroll is accurate and delivered on time, you must also make sure that each pay period's deductions are legal and fully comply with tax laws.
Small firms and start-ups may not be able to afford an internal team of personal payroll assistants and managers, but large organizations may be able to. It's also possible that a company with few employees or one that has just opened won't have the resources to outsource payroll processing. As a result, many small business owners and startups do the duties of the payroll assistant themselves.
When a manager or owner of a business decides to handle payroll processing themselves, it might take a long time to become familiar with the software and best practices. Even if you select high-end cloud software, there may still be some features or questions you are unsure of how to use.
This is where small business payroll professional consulting services come in. While you continue to handle the majority of payroll-related duties in-house, our payroll assistants and managers are ready to assist you with any payroll-related issues you require assistance with.
Regardless of the type of payroll software your company employs, Taxccount can help with payroll. With our platform-agnostic experience, we can tailor your payroll dashboard to your employees' needs while maintaining tax compliance. We can also help you with software customization so that the computations, benefits deductions, expense reimbursements, employee benefits, retirement contributions, and any other scalable deductions you might need to make are done correctly. We can offer advice on these problems if you need specific payroll software assistance.
Our regional specialists offer the most recent advice on the applicable tax regulations, salary standards, and benefits expectations for processing payroll in Canada.
Want to opt for our professional payroll support in Canada? Talk to us today and discuss your specific needs with our team of payroll experts who would understand your specific requirement and suggest the best way forward.
Taxccount has been our primary tool for several years. They were the crucial component we were searching for! Our entire business has been made simpler by their bookkeeping, and tax season is no longer as difficult. Over the years, the accountants and bookkeepers have all offered us unmatched guidance and tax planning that has helped us save money and time. We anticipate continuing our relationship with Taxccount for many years.
We are quite grateful to the accountants at Taxccount. Being a small enterprise, we have got the sufficient finances or time to hire an in-house bookkeeper and we have spent years muddling through on our own. The first month after deciding to work with Taxccount for payroll and accounting services, it was as if a weight had been removed! Since we are involved in providing an ecosystem for businesses, Taxccount’s accounting services come in extremely handy for us and make our job much easier.
Our staff now depends heavily on Taxccount’s services. Without them, I can't fathom how well my business would operate. They assisted me in maintaining my highly erratic bookkeeping and organizing it so that when December rolls around, neither my employees nor I would be in a panic. We never imagined that the tax season would go well, but Taxccount made it much easier than in previous years. I can't speak highly enough about their professionalism and experience!
For the filing of our company's taxes, we rely on Taxccount’s tax-related services. We discovered that tax filing had suddenly become too hard for us to do alone as our business and workforce expanded. The tax accountants have greatly reduced our amount of taxable income by locating tax benefits for us that we never would have discovered on our own. They collaborated with us all year long to provide advice on potential strategies for long-term tax minimization. We were so pleased with the tax preparation and planning services provided to our business that I asked them to also handle the personal taxes for my family.
The Goods and Services Tax (GST) Credit, referred to as the Harmonized Sales Tax (HST) Credit in certain provinces, is a tax-free payment issued by the Canadian government every quarter.
The taxation system of each country is different. If you have just moved to Canada and are still figuring out the tax system, then this chapter will be really helpful for you. You will understand in detail about the 20 most popular Canadian tax deductions and credits relevant in 2023.
If you are a newcomer in Canada and are filing your taxes for the first time, it can be a daunting and overwhelming experience. But when you have the right information, the process gets easier.
When you generate income through employment, your employer is required to withhold tax installments from each paycheck and forward them to the Canada Revenue Agency (CRA).
Moving to Canada might seem to be an easy decision considering the vast opportunities it offers. But the one thing that most people tend to forget is the taxation system. Gaining insight into the functioning of income tax in this context can enable you to utilize tax advantages, which encompass potential financial benefits through government payments.
Dividends represent the distributions made to investors from a company's profits. Among these dividends, some are categorized as eligible, while others are termed ordinary or ineligible dividends.