Every pay run
- Wage calculation and bonus structuring
- CPP, EI and income tax source-deduction calculation and tracking
- Digital pay stub delivery
Payroll & Remittances
Ontario Payroll Services That Run on Time, Every Pay Period
Payroll is one of the few things in business you cannot get wrong. Lira Tax & Accounting runs your payroll from gross to net — calculating pay, withholding CPP, EI and income tax, making your CRA remittances on time and filing T4s and Records of Employment — so your team is paid correctly and you stay compliant. We serve employers across Canada.
- Pay runs, deductions and digital pay stubs
- CRA remittances made on your schedule
- T4s, T4As and Records of Employment filed on time
- 2,300+individuals & businesses served
- T4 · T4A · ROEyear-end and exit paperwork handled
- 4offices in Ontario & Alberta
Payroll services that keep your team paid and your business compliant
Managing payroll in Canada means exact adherence to statutory deadlines and rules. We handle your entire payroll cycle: gross-to-net pay calculations, Canada Pension Plan (CPP) contributions, Employment Insurance (EI) premiums, federal and provincial income tax withholding, CRA payroll remittances, Record of Employment (ROE) submissions and year-end T4 slips.
Employers are responsible for withholding CPP, EI and income tax at source, remitting those amounts to the CRA on the schedule assigned to them, and issuing accurate T4 slips and Records of Employment on time. Missing any of these can mean real penalties and interest, so we treat payroll with the same discipline as tax filing itself.
Ideal forEmployers with salaried, hourly, full-time, part-time or seasonal staff — including owner-managed corporations that pay themselves a salary.
- Employers we support
- Teams of one to fifty
- Seasonal & part-time staff
- Owner-managed corporations
- Growing businesses
- Professional practices
- First-time employers
How a pay run works with Lira
Five steps, repeated every pay period, so nothing is left to the last minute.
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1. Collect the details
Your partSend hours worked, new hires, raises, bonuses and any changes.
Our partConfirm the pay period, new-hire tax forms (TD1) and anything unusual before we calculate.
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2. Calculate gross to net
Your partNothing to do — this part is ours.
Our partCalculate wages and bonuses, then withhold CPP, EI and income tax using current-year rates.
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3. Review and pay
Your partApprove the pay run.
Our partDeliver digital pay stubs and a summary showing exactly what each person earned and what was withheld.
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4. Remit to the CRA
Your partKeep the funds available.
Our partTrack your assigned remitter schedule and prepare the CRA payroll remittance so it arrives on time.
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5. Report and close out
Your partTell us when someone leaves.
Our partIssue Records of Employment when needed, and at year-end prepare T4 and T4A slips and the T4 Summary.
What’s included in our payroll service
Everything between an employee’s first pay and their last:
Every remittance
- CRA payroll deduction remittance schedules and filings
- Tracking of your assigned remitter type and due dates
- Help if a remittance is late or a notice arrives
Every year-end
- T4 and T4A slips for your team
- T4 Summary electronic filing with the CRA
- Year-end reconciliation so the totals match your records
When people join or leave
- New-hire setup and TD1 tax forms
- Online Record of Employment (Web ROE) issuance
- Final pay calculation for departing employees
Ontario compliance
- WSIB reporting and rate compliance
- Guidance on Ontario Employer Health Tax
- Records kept in step with your bookkeeping
2026 payroll rates and limits at a glance
The figures behind every pay run. They reset each January, and we apply the current ones automatically.
| Contribution | Rate | Limit and maximum |
|---|---|---|
| CPP — employee and employer each | 5.95% | On earnings from $3,500 to $74,600. Maximum $4,230.45 each. |
| CPP2 (second additional) — each | 4% | On earnings from $74,600 to $85,000. Maximum $416 each. |
| EI — employee | 1.63% | On insurable earnings up to $68,900. Maximum $1,123.07. |
| EI — employer | 2.282% | 1.4 times the employee premium. Maximum $1,572.30. |
These CPP and EI figures are set federally and are the same in every province and territory except Quebec, which has its own pension plan (QPP), parental insurance plan (QPIP) and a lower EI rate. Figures checked against the CRA in September 2026 and updated every January.
Curious how CPP and EI change an employee’s take-home pay? Try our free income tax calculator →
What does change by province
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Income tax withholdingFederal plus provincial tax, based on each employee’s province of employment and their TD1 forms.
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Workplace safety insuranceWSIB in Ontario, WCB-Alberta in Alberta, and a different board in each other province.
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Payroll taxesSome provinces charge an employer payroll tax, such as Ontario’s Employer Health Tax.
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Employment standardsMinimum wage, vacation pay and public holiday rules are set by each province.
Payroll remittance deadlines and late penalties
Payroll deadlines are strict and the penalties are automatic. Which schedule you follow is assigned by the CRA.
| What | The rule |
|---|---|
| Regular remitters | The CRA must receive your deductions by the 15th of the month after the month you paid your employees. |
| Quarterly remitters | Small employers who qualify remit by the 15th of the month after each quarter ends. |
| Accelerated remitters | Larger payrolls remit more often, with due dates through the month, depending on their withholding. |
| Late remittance penalty | 3% if 1 to 3 days late, 5% if 4 to 5 days, 7% if 6 to 7 days and 10% if more than 7 days late or not remitted. A second or later knowing or grossly negligent failure in the same year can reach 20%. |
| T4 and T4A slips | Filed with the CRA and given to employees by the last day of February after the calendar year. |
| Record of Employment | Electronic ROEs are due within 5 calendar days after the end of the pay period in which an employee’s earnings are interrupted (sooner for some monthly-paid employees). |
We confirm your remitter type, track every due date and prepare each remittance in time, so a missed date never turns into a penalty. Penalties or interest caused by something outside your control? Ask about taxpayer relief →
What payroll really costs an employer beyond wages
Wages are only part of the picture. Budget for these on top of what your employees earn:
CPP match
You contribute the same CPP amount as each employee, up to the yearly maximum.
EI at 1.4 times
Your EI premium is 1.4 times what your employee pays, on top of their wages.
WSIB in Ontario
Most Ontario employers pay workers’ compensation premiums and report to WSIB. Alberta employers deal with WCB-Alberta instead.
Ontario Employer Health Tax
Ontario employers with a payroll of $1 million or less are generally exempt. Above that the tax applies, and the exemption is not available if the associated group’s payroll passes $5 million.
Common payroll mistakes, and how we prevent them
Late remittances
How we help: We track your assigned schedule and prepare each remittance ahead of its due date.
Wrong deductions
How we help: Every calculation uses the current-year CPP, EI and tax rates.
Contractor or employee?
How we help: We flag workers who look like employees so you are not caught out in a CRA review.
Missed T4 and ROE deadlines
How we help: Year-end slips and Records of Employment are prepared to the CRA and Service Canada timelines.
Bonuses and benefits skipped
How we help: Bonuses and taxable benefits are run through payroll so the right amounts are withheld.
Unreported WSIB
How we help: WSIB reporting and rate compliance are part of the service for Ontario employers.
Hiring your first employee?
The moment you pay someone as an employee you take on payroll obligations: withholding, remitting and reporting. We help you set it up correctly from day one, so the first pay run is not a guess.
How much does payroll cost?
Every payroll is different, so we quote each one individually instead of publishing a one-size-fits-all price. You will know exactly what you are paying before we start.
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Number of employeesHow many people are on the payroll.
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Pay frequencyWeekly, bi-weekly, semi-monthly or monthly.
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Type of paySalary, hourly, bonuses and other pay.
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ProvincesOntario only, or Alberta and others.
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Add-onsWSIB, ROEs, T4s and remittance help.
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Start dateA fresh start, or taking over mid-year.
- Free, no-obligation consultation
- Clear quote agreed before we start
- No hidden fees or surprise billing
Prefer to talk it through first? Call us, or send a quote request.
Call (437) 421-7171 Request a QuotePayroll services across Canada
Get directionsMeet us in person at any of our four offices, or work with us by phone and video. We run payroll for employers across Ontario, Alberta and the rest of Canada.
Outside Ontario or Alberta? We can still help.
Ask about your province
We run payroll for employers in other provinces and territories across Canada too, by phone and video. Provincial rules differ, and we will confirm the ones that apply to you in your free consultation.
What our business clients say
View other testimonials★★★★★
“I had a great experience with Lira Tax & Accounting. The team is professional, knowledgeable, and really goes the extra mile to make things simple and stress-free. They explained everything clearly and took the time to answer all of my questions with patience.
What stood out to me most was their attention to detail and how committed they were to making sure my tax filing was accurate and worked in my favor. I felt confident knowing everything was being handled properly. Their service is reliable, efficient, and the team is also very approachable.
Whether you need help with personal taxes or business accounting, I'd highly recommend Lira Tax & Accounting. They're trustworthy, responsive, and provide excellent value. I'll definitely continue working with them in the future. Thank you for your support. We are happy to give you Five star again 2026 for you excellent services.”
★★★★★
“I have been to number of accountants for my multiple business ventures, however i found Mr. Razu from Lira Tax and Accounting to be one of the better ones. He is very informative and easily accessible. He is always answering calls and helping small business owners to do their taxes properly. I highly recommend.”
★★★★★
“I had the best experience with Lira Tax & Accounting! From start to finish, their team was professional, knowledgeable, and incredibly responsive. They made the entire process smooth and stress-free, addressing all my questions with patience and clarity. I truly felt like a valued client, and their attention to detail was outstanding. I highly recommend their services to anyone looking for reliable and top-notch tax and accounting services in Canada! They are the best tax and accounting service provider in the town. wish you all the best for help us. Lovely service bring back me again 2026.
Lovely help they done for our business.”
Payroll FAQs: costs, remittances, T4s and ROEs
Straight answers to the questions employers ask us most.
We calculate wages and bonuses, withhold CPP, EI and income tax, deliver digital pay stubs, prepare your CRA remittances, issue Records of Employment, and prepare T4 and T4A slips and the T4 Summary at year-end. For Ontario employers we also handle WSIB reporting.
It depends on how many employees you have, how often you pay them, the type of pay involved and which extras you need, so we quote each business individually. Call us or book a free consultation and you will get a clear quote before any work starts — no hidden fees.
Employers commonly pay weekly, bi-weekly, semi-monthly or monthly. We set up the schedule that fits your business and your employment agreements, then run it the same way every period.
T4 and T4A slips, along with the T4 Summary, must be filed with the CRA and given to employees by the last day of February following the calendar year. We prepare them well ahead of the deadline.
It depends on the remitter type the CRA assigns you, based on your past withholding. Regular remitters pay by the 15th of the month after the pay date, small employers who qualify can remit quarterly, and larger payrolls remit more often. We confirm your schedule and track every date.
The CRA charges an automatic penalty: 3% if the payment is 1 to 3 days late, 5% if 4 to 5 days late, 7% if 6 to 7 days late and 10% if it is more than 7 days late or not remitted, plus interest. A second or later failure in the same year that is knowing or grossly negligent can be penalized at 20%.
An ROE is required when an employee has an interruption of earnings, such as a layoff, resignation or leave (generally 7 days in a row with no work and no insurable earnings). Electronic ROEs, filed through Service Canada’s Web ROE system, are due within 5 calendar days after the end of the pay period in which the interruption happens, and sooner for some monthly-paid employees. The ROE determines whether the employee can claim EI.
For 2026, CPP is 5.95% each for employee and employer on earnings between $3,500 and $74,600, with a further 4% (CPP2) on earnings up to $85,000. EI is 1.63% for the employee and 1.4 times that, or 2.282%, for the employer, on insurable earnings up to $68,900. These reset every January.
It depends on the whole relationship, not the label: who controls the work, who supplies the tools, whether the worker can hire helpers and whether they can make a profit or take a loss. Getting it wrong can mean back payroll deductions, penalties and interest, so ask us before you decide.
If you pay yourself a salary, yes: it needs the same deductions, remittances and T4 as any employee. If you take dividends instead, payroll is not involved. Many owners use a mix, and we can model which is more tax-efficient as part of your corporate tax planning.
For most Ontario employers, yes. WSIB premiums and reporting are a standard part of payroll compliance alongside CRA remittances, and we handle both. Employers in Alberta deal with WCB-Alberta instead.
Ontario employers with an annual payroll of $1 million or less are generally exempt. Above that the Employer Health Tax applies, and the exemption is not available at all if the employer’s associated group has a payroll over $5 million. We can tell you where you stand as part of your payroll setup.
Partly. CPP and EI rates are federal and the same everywhere except Quebec, which has its own pension and parental insurance plans. What changes by province is income tax withholding (federal plus provincial), workplace safety insurance such as WSIB in Ontario or WCB-Alberta, any employer payroll tax such as Ontario’s Employer Health Tax, and employment standards like minimum wage and vacation pay. We apply the rules for each province where your employees work.
Yes. We gather your year-to-date figures and prior remittances so your CPP and EI limits, remittances and T4s come out correctly for the full year, not just the months we handled.
Let’s get your payroll running smoothly
Book a free consultation. We will review your current payroll setup and give you a clear quote — no obligation.
