Clear inputs
Organize employee changes, approved earnings and the records needed for the payroll period.
An organized pay cycle
Payroll, T4s & Information Slips
Payroll means paying employees correctly and on time, deducting income tax, CPP and EI, remitting those amounts to CRA by their due dates and issuing T4 slips by the end of February. We run payroll on your schedule and keep the remittances and year-end slips in order.
Brampton · GTA · Virtual support across Canada
How it works
Payroll and T4s, step by step.
Exactly what happens after you get in touch, starting with one 15-minute call.
- Today
Book 15 minutes
A free, no-obligation 15-minute call on Teams or at our office at 181 Queen St E, Brampton.
- The call
Your pay set-up reviewed
We look at your pay schedule, your remittances and anything overdue.
- Each pay run
Deductions and remittances
Deductions calculated each pay run, with CRA remittance dates on a calendar.
- Year-end
T4s from balanced records
T4 slips come from records kept current all year, with your own pay set up alongside your staff's.
- Your move
Ready when you are
Pick a 15-minute slot that suits you. We confirm the time and scope with you directly.
Your starting point
Your team needs consistent payroll processing supported by current employee information and clear approvals.
How we help
We prepare payroll calculations, remittance information, journals and year-end reconciliations, including T4 and ROE support where required. T5 and applicable T4A work is separately scoped according to the payments made.
What you can expect
Payroll reports for approval and organized records connecting regular pay periods with remittances and year-end reporting.
THE DETAIL BEHIND THE WORK
More than a task.
A clearer position.
Payroll brings together employee information, approved hours or salary amounts, deductions, payments and reporting. A useful process makes the inputs, review responsibilities and remittance steps clear before each pay run—not only at year-end.
Who this is for. For employers setting up payroll, managing recurring pay runs, adding employees or reviewing differences in payroll accounts.
Pay-run review
Review payroll calculations and payment coordination within the agreed approval process.
Connected reporting
Keep payroll records, remittances and year-end reconciliation aligned.
THE WORK, EXPLAINED
What is included
- Employee payroll setup and ongoing processing
- Weekly, bi-weekly or monthly pay-cycle support
- CPP, EI and income-tax withholding calculations as applicable
- Remittance preparation and deadline tracking
- Direct-deposit coordination where included
- Payroll-account reconciliation and record keeping
- T4 preparation and filing where required and included
- New-hire, offboarding and owner-manager payroll coordination
Scope details to confirm
- Payroll setup, employee information and new-hire or departure record coordination
- Regular payroll calculations, deductions and remittance preparation
- Payroll journals, account reconciliation and direct-deposit coordination subject to authorized approval
- T4 slips, Records of Employment and year-end records
- T5 and applicable T4A support separately identified according to the payments involved
The exact work, timing and deliverables are confirmed in your engagement. A service listed here is not automatically included in every package.
HOW WE WORK TOGETHER
A clear process, from the start.
- 01
Review the starting point
We discuss the business, the relevant period or decision, your records and any upcoming deadlines.
- 02
Agree the scope
We set out the proposed work, information needed, responsibilities and fees before starting.
- 03
Complete and explain
We work through the agreed tasks, explain findings and keep unresolved questions visible.
- 04
Plan the follow-up
We identify the next action and, where relevant, ongoing reporting or review needs.
Payroll, T4s and information slips
Payroll mistakes don't stay small. They show up as penalties and unhappy staff.
These are the payroll problems owners run into most, and how each one gets fixed.
-
The problem
Source deductions are late, or the amount is wrong.
CRA charges penalties and interest on late or short remittances.
The solutionRemittances on a schedule
We calculate the deductions each pay run and keep the remittance dates on a calendar.
-
The problem
T4 season is a rush every February.
T4 slips are generally due by the last day of February, and errors mean amendments later.
The solutionSlips built all year
Because payroll is kept current, the year-end slips come straight from records that already balance.
-
The problem
You pay yourself without a clear plan.
Owner pay through payroll affects CPP, RRSP room and personal tax.
The solutionOwner pay set up properly
We set up your own pay alongside your staff, and review it with your tax plan.
-
The problem
New hires, ROEs and changes pile up.
Each change needs the right forms and the right timing.
The solutionOne team handles it
We look after onboarding details, records of employment and changes as they happen.
Related services
Why owners trust Wealthy Wave Accounting
- Led by Chirag Kalra, Chartered Accountant (ICAI, India), with more than 12 years in accounting and tax
- Plain-language answers about your own numbers, with no jargon
- Bookkeeping, payroll, HST and corporate tax handled by one team
- We never ask for SINs, banking details or tax documents by text or WhatsApp
- A real office at 181 Queen St E, Unit 5, Brampton, with virtual support across Canada
Why set it up now?
Payroll is easiest to fix between pay runs and before year-end, while the slips are still to come.
- Pick a time. 15 or 30 minutes, on Teams or at our Brampton office.
- We look at it with you. Your pay schedule, your remittances and anything overdue.
- You decide. The call comes with no obligation.
Prefer to write first? Send an enquiry. Or call (647) 606-1824.
General information only. Tax advice is given within an engagement, based on your own records.
ANSWERS BEFORE YOU START
Common questions.
Have a question about your own situation? Let’s discuss it.
Are remittance dates the same for every employer?
No. The CRA’s remittance schedule depends on the applicable remitter type and circumstances. We review the schedule relevant to your account.
Are contractor and investment-income slips part of employee payroll?
Not automatically. T4A reporting for applicable payments, T5 reporting and worker-status questions are reviewed and scoped separately.
Can I send employee banking or SIN details through the contact page?
Please do not send sensitive employee information in an initial enquiry. We first agree a suitable secure method for any records needed.
A PRACTICAL NEXT STEP
Talk to us before
the deadline.
Share the service you need, your business type and any upcoming deadline. We’ll discuss the records, scope and next steps before work begins.
Call (647) 606-1824 Message on WhatsApp ↗chirag@wealthywaveaccounting.caThese links open your phone, email or WhatsApp app. Please don’t send tax returns, passwords, SINs or banking details in an initial enquiry.