Running a business in Richmond Hill comes with many responsibilities, and one of the most important yet time-consuming is payroll management. Payroll isn’t just about paying employees—it includes calculating wages, managing deductions, preparing tax forms, and staying compliant with CRA regulations.

If payroll isn’t handled properly, it can result in employee dissatisfaction, penalties from the CRA, and even financial instability. That’s why many businesses in Richmond Hill turn to professional accountants. At AMH Chartered Professional Accountant, we provide comprehensive payroll services to make payroll management seamless, accurate, and stress-free.

What Do Payroll Services Include?

Our payroll services cover every aspect of employee payments and compliance:

• Calculating Gross & Net Pay – Including overtime, vacation pay, statutory deductions, and benefits.

• Payroll Administration – Maintaining detailed records in line with CRA requirements.

• Payroll Journals & Reporting – Preparing accurate journals that integrate with your bookkeeping.

• Pay Cheques & Direct Deposits – Ensuring staff are paid on time, every time.

• Source Deductions & Remittance Forms – Submitting CPP, EI, and income tax deductions to CRA on schedule.

• Year-End Forms – Preparing T4s, T4As, T5018s, and Records of Employment (ROEs).

The Challenges of In-House Payroll

Small and mid-sized businesses often try to manage payroll internally, but this brings risks:

• Errors and Penalties – Even minor mistakes can trigger CRA fines.

• Time-Consuming – Payroll takes hours that could be spent growing your business.

• Data Security Risks – Without proper systems, sensitive employee data may be exposed.

• Constantly Changing Regulations – CRA rules and employment laws evolve, making it difficult to stay compliant.

Benefits of Outsourcing Payroll Services in Richmond Hill

✔ Save Time – Let experts handle payroll so you can focus on your business.
✔ Accuracy & Compliance – Reduce costly mistakes and meet CRA deadlines.
✔ Happier Employees – On-time, accurate pay builds trust and morale.
✔ Cost-Effective – More affordable than hiring in-house payroll staff.
✔ Scalability – Payroll solutions that grow with your business.

Payroll isn’t just about paying staff—it’s about keeping your business financially stable and legally compliant. With AMH Chartered Professional Accountant’s Payroll Services in Richmond Hill, you can eliminate payroll headaches and focus on growing your business.

📞 Contact us today for a free consultation and discover how our payroll expertise can strengthen your business.