payroll services for small business Mississauga
Payroll Services for Small Business in Mississauga
Keep employees paid accurately and on time while maintaining organized payroll records and meeting routine employer obligations.
Payroll is unforgiving. Late source deductions attract penalties, incorrect remittances create CRA correspondence, and a mistake on an employee's pay damages trust immediately. For most small businesses it is a recurring administrative burden with no upside for getting it right and real cost for getting it wrong.
Wall Tax Pro runs payroll for Mississauga and GTA employers: calculating pay and deductions, remitting to the CRA on schedule, and producing the year-end slips. Because we also maintain the bookkeeping and file the corporate return, payroll reconciles to the books without a separate exercise.
What this service includes
Payroll processing
Weekly, bi-weekly, semi-monthly or monthly runs for hourly and salaried staff, including overtime, bonuses and vacation pay.
Source deduction calculations
CPP, EI and income tax calculated correctly for each employee and pay period.
CRA remittances
Remittances prepared and submitted on your required schedule so deadlines are not missed.
T4 and ROE preparation
Year-end T4 and T4 Summary filing, and Records of Employment issued when staff leave.
Employee records
Organized records of pay history, vacation accrual, deductions and changes in employment terms.
Payroll reporting
Labour cost reporting by period and department, reconciled to your financial statements.
Who this service is for
Small businesses with 1–50 staff
Employers who need reliable payroll without a dedicated internal administrator.
Owner-managed corporations
Business owners paying themselves a salary who need proper deductions and T4 reporting.
Seasonal and shift-based employers
Trades, retail and hospitality businesses with variable hours and frequent ROEs.
New employers
Companies hiring their first employee and setting up a CRA payroll account.
Our process
- 01
Payroll setup
Payroll account registration, pay schedule, employee records and deduction settings established correctly.
- 02
Each pay cycle
You submit hours or confirm salaries; we calculate, produce pay statements and confirm net amounts.
- 03
Remittance
Source deductions calculated and remitted to the CRA on your required schedule.
- 04
Reporting
Payroll journals posted to the books each period so labour cost is always current.
- 05
Year-end
T4s, T4 Summary and reconciliation to the payroll account completed before the filing deadline.
Why work with Wall Tax Pro
- Payroll, bookkeeping and tax kept in one place, reconciled together.
- Deadline-driven service, because late remittances are penalized immediately.
- Support with CRA payroll account questions, reviews and discrepancies.
- Fixed monthly pricing based on employee count and pay frequency.
- A Mississauga office you can reach directly when a pay run needs attention.
Reviewed by Tosif Hanif, CPA, ACCA, ACFE, MSc, Director of Accounting and Finance at Wall Tax Pro, Mississauga, Ontario.
Frequently asked questions
How much do payroll services cost for a small business?
Pricing is normally a base monthly fee plus a per-employee amount, driven by how often you run payroll. We quote a fixed monthly fee once we know your employee count and pay frequency, with year-end T4 work included or quoted separately depending on the package.
What happens if a CRA remittance is late?
The CRA charges penalties on late source deductions, which escalate for repeat lateness, plus interest. Our service is built around remittance deadlines specifically because this is the most expensive payroll error a small business can make.
Do you handle T4s and Records of Employment?
Yes. T4s and the T4 Summary are prepared and filed at year end, and ROEs are issued whenever an employee's earnings are interrupted, which keeps their EI claim from being delayed.
Can you pay the owner of the corporation through payroll?
Yes, and for many owner-managed corporations a salary-and-dividend mix is worth planning deliberately. We can model the options alongside your corporate tax position before setting the payroll up.
We are hiring our first employee. What do we need?
You need a CRA payroll account, a completed TD1 from the employee, agreed pay terms and a remittance schedule. We handle the registration and setup so the first pay run is compliant.
Do you serve employers outside Mississauga?
Yes. We support employers across the GTA and Ontario, and payroll is run remotely regardless of where your office is located.
Related services
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