Payroll Services in Downtown Toronto

Stop worrying about paystubs, direct deposits, source deductions, or T4s.
GTA Accounting takes care of all your payroll needs.

Payroll Services in Downtown Toronto for Companies of All Sizes

If you are a small to medium business, payroll services must be one of your most concerning priorities. If you do it yourself, you take away precious time and effort from your core business activities. Outsourcing your payroll processing conserves your financial resources and enables you to grow your business.

Preserving your investment capital is crucial if you want to fulfill your core functionalities. It also helps as you are either working online or from a small brick-and-mortar store. You need to have enough capital, space, and time to operate a full-fledged finance department. You also have to hire expert personnel who can handle the payroll task. GTA Accounting eliminates your worries and anxieties by offering you world-renowned payroll services in Downtown Toronto and beyond. We don’t just give you financial services, and we provide you with peace of mind.

Our Payroll Services For Downtown Toronto Include The Following:

  • Prepare payroll based on information provided by you for gross pay and all mandatory deductions.
  • Payroll deductions filing in time to the respective authorities for CPP, EI, Federal Tax, Provincial Tax, WSIB, EHT
  • Issuance of cheque or direct deposit to any banks in Canada
  • Payroll reports

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Meet Our CPA

Sohail Afzal, CPA is the founder of GTA Accounting, a Toronto based accounting firm with offices in Toronto, Mississauga and Oakville. The firm touts a high 5 star Google rating and has been selected by Clutch for service awards two years in a row.

Because of Sohail's business background, he is able to pair bookkeeping and tax services with management consulting providing an edge over other similar accounting firms. Offering affordable rates, GTA Accounting works with small business owners and large companies with over $40 million annual gross revenue.

Featured in the Toronto Star, Sohail shares more about his accounting firm and what sets them apart.

Head Office:
Unit 501 – 250 Consumers Road
North York M2J 4V6

GTA featured in Toronto Star

GTA Accounting Featured in the Toronto Star

"GTA Accounting brings one-stop accounting to the cloud"

Payroll Rules and Regulations

Canada’s federal and provincial payroll regulations are always in a state of change. For a business owner who does not know enough about finances, it could be pretty challenging. GTA Accounting provides immediate and satisfactory relief from this daunting task by offering affordable and highly accurate payroll services throughout Downtown Toronto and surrounding areas.

We take care of all applicable labour laws about:

  • Vacation Pay
  • Termination Pay
  • Hourly / Salary / Overtime
  • WSIB and other Workers Insurance
  • Any Union Dues and Deductions

Client Success Stories

Benefits of Payroll Services in Downtown Toronto

When you partner with GTA Accounting, you get a plethora of benefits that result in a better financial position for your company and growth in sales and customers. Here are a few of the benefits you get when you work with us:

  • Peace of mind—first and foremost
  • Process payroll accurately and on time
  • No more anxiety about the timely remittance of payroll taxes.
  • No late penalties or interest.
  • Spend your time and thoughts on the core business for growth in revenue and customer
  • Save money and time on payroll, hiring, and layoffs, and avoid maintenance of big setup
  • Flexible and cost-effective payroll services

Why Choose GTA Accounting?

Every year in Canada, legislators tweak and twist financial laws, leaving the average individual and business owner at a loss when faced with making financial decisions. We stay on top of new financial and tax laws on your behalf and offer custom made tax accounting and financial advice to help you and your business develop budgets and set financial goals. Still not convinced about what makes us a professional accounting firm? Read further below:

Why Outsource Payroll Services in Downtown Toronto?

Here at GTA, we know exactly what you need. We have worked with multiple businesses from across Canada and know how to handle their finances. Here are a few benefits you can get when you work with us:

Outsource Payroll Downtown Toronto

Reduced Overhead Costs

When you hire us for all your payroll services needs, you save a lot of your overhead costs. This you can spend on your promotions, new products in the pipeline, marketing, or more. When you calculate your overhead costs, include the human resources, service hours, and equipment and software acquisition. All of this clearly shows that partnering with GTA Accounting is a much safer, affordable, and reliable path than doing it independently. Our services are available around the clock, and we scale our services with your business, so you always get what you need.

Allocation Of All Non-Core Tasks Of The Business

The fact of the matter is that you have your own core competencies, and you should focus on that. Spending your time in other activities can halt the growth of the company. On the other hand, if you hire in-house teams, you spend a lot of your budget on manpower and equipment. This is something that might hamper your future plans. Working with a payroll services provider in downtown Toronto is the best option for you if you want to save your time, effort, and money and acquire peace of mind. This will free up your resources that include your employees, time, and budget.

Reduced Errors And Penalties For Errors

Payroll processing is a complex field where even the slightest discrepancy can create huge problems. For example, if you underpay or overpay an employee, it could put you on the wrong side of the fence, and Canadian laws are very strict about that. This can not only cost you money in terms of penalties, but it could also cost you your reputation.

So give us a call for our exceptional and result-oriented payroll services in downtown Toronto, and wave all your payroll worries goodbye.

Get a Free Consultation

If you're ready to find out how an Accounting firm in Downtown Toronto can help you make your payroll a seamless process, contact us for a Free Consultation.