If you are a business in Canada, you may be needing to hire employees. There are several things to consider if you are calculating payroll in Canada.

You’ll need to consider your payroll business number, employee’s social insurance numbers (SIN), the tax TD1 form, pay periods, employment law, time sheets, Canada and Quebec pension plans, employment insurance (EI), gross pay, deductions, net pay, voluntary deductions, tax-exempt benefits, taxable benefits, tips, gratuities, and so on.

With all of these in mind, many small businesses decide to outsource the work of calculating the payroll.