Accurate, on-time payroll administration for small and medium businesses — freeing you to focus on growing your business.
Book a Free Consultation📌 Payroll errors can result in CRA penalties and unhappy employees. Let ANCPA handle your payroll with precision and care.
Managing payroll is one of the most time-consuming and compliance-sensitive tasks for any business owner. From calculating deductions to remitting source deductions to the CRA on time, payroll mistakes can be costly. Asim Nazir CPA Professional Corporation provides comprehensive payroll services for small and medium businesses across Mississauga, Brampton, Toronto, Oakville, and the GTA.
The CRA requires all businesses with employees to register for a payroll account, deduct CPP and EI contributions, and remit payroll taxes on time. Late or incorrect remittances result in penalties and interest. Our team ensures your business stays fully compliant with all CRA payroll requirements.
At year-end we prepare all required T4 slips for your employees and file the T4 Summary with the CRA by the February 28 deadline. We also reconcile your payroll accounts and ensure all remittances match your T4 totals.
Most small businesses remit monthly — by the 15th of the following month. Businesses with larger payrolls may need to remit more frequently. We will determine your remittance schedule and ensure you never miss a deadline.
The CRA charges penalties starting at 3% for remittances that are 1-3 days late, increasing to 10% for remittances more than 7 days late. Repeated failures can result in director liability. Let us handle your remittances to avoid these penalties.
Yes — we handle payroll for businesses of all sizes, from single-employee owner-operated businesses to companies with dozens of staff.
Yes — we calculate and remit WSIB premiums on your behalf as part of our comprehensive payroll service.
Asim Nazir CPA Professional Corporation offers a full range of accounting and tax services across Mississauga and the GTA.
Contact Asim Nazir CPA Professional Corporation today for a free consultation. We serve Mississauga, Toronto, Brampton, Oakville, Vaughan and the entire GTA.
Book Free Consultation Call 905-699-4750