Did you know that there are different standards across Canada regarding an employer’s obligation to distribute overtime pay to employees? More importantly — do you know the overtime pay regulations that are in place within your province? As an employer, you need to be aware of the overtime rules should you have employees who work more than their…
CPP and Employee Retirement – What Every Employer Should Consider
CPP and Employee Retirement – What Every Employer Should Consider | Daniel Wolfson, B.Sc. CHS On June 20, 2016, the federal and provincial finance ministers excluding Manitoba and Quebec reached an agreement for the expansion of the Canada Pension Plan (CPP). While the details are clearly outlined in an article by the Globe and Mail…
PaymentEvolution Demo & Training Calendar
We have had an overwhelming amount of attendees to our demo webinars. If you haven’t been able to get a spot, we have some great news – we’ve opened up a series of sessions over the next few weeks. Take a look and find one that suits your schedule. In addition to the webinars, we have…
Help! I Over Paid My Employee
Well, now what? For all you know that employee has spent that money before you even noticed your minor mishap. So what do you do now? Let it go? But its your company’s money! You have options, it’s just a matter of deciding which one works best for both you and the employee. Option 1– Ask the…
Should I Integrate With Accounting Software?
OK, the question may read as “should I spend more money?” But really, it’s not about trying to sell you more software! Let’s talk about why accounting software will be useful and how it will save money in the long run. To answer the original question “should I?” The answer is YES! For many reasons: Organization. It’s hard…
An Evolution
Just 6 short years ago, on April 13, 2010 we launched PaymentEvolution with a vision to help small business owners and their staff greatly simplify complex back office work like payroll. We didn’t know it then, but we kicked off a wave of innovation in an industry that measured progress in decades not weeks. As Canada’s first…
Recruiting? Benefits can Benefit You
My dad was a dentist. When he went to school they taught him a great deal about how to be an oral healthcare professional, not how to run a small business. Over time he found success in recruiting a successful team of committed individuals. Recruiting and selecting these individuals seemed like a time consuming and…
Tax Season – Frequently Asked Questions
As tax season approaches, my colleagues and I are always shocked by how quickly the Summer and Fall passed us by, bringing us closer to “that time of the year” again. This year is no different. We’re in mid-February and the rush has slowly started. Lots on the go – Payroll slips, December year-ends, GST/HST…
Concerned About the Cost of Benefits?
Concerned about the cost of benefits? Get the best value for your benefit plan. Today’s group benefits are all about choice and flexibility – letting you put together the right plan to fit your budget. Here are four things to consider when evaluating your benefit plan for value and to avoid climbing costs: Health Care Spending…
5 Tips to Make Tax Season More Bearable For Your Business
Collect your receipts: With today’s cloud technology expense receipts can be collected immediately. By using something as simple as a shared email or even shared folders, you can instantly provide these items to your accountant. Importantly, as you incur tax deductible expenses, your accountant can use them to reduce the mad scramble during tax season. Share access to…
What the ORPP means for your business
The Ontario Retirement Pension Plan could mean changes for your payroll. Here’s what you need to know right now.
It’s tax (slip) season
The deadline for filing your 2015 T4 tax slips is Monday, February 29th, 2016. You must provide your employees with a paper or electronic copy of their T4 by this date. So it’s crunch time for preparing T4 tax slips in Canada. You also need to provide copies of the T4 slips to the Canadian Revenue…
