Markham businesses, served remotely
Accountant for Markham businesses
Markham accountant for technology and professional firms: payroll from the first hire, owner pay, Ontario HST and the Employer Health Tax threshold.
Prepared by HBT Accounting, a CPA led firm in CalgaryUpdated 5.0 on Google, 59 reviews
Technology and professional firms, by count
Markham counted 338,503 people in 2021 and 16,411 businesses with employees in Statistics Canada's latest count. Its biggest sector by far is professional, scientific and technical services, 2,981 businesses, a group that takes in software design, engineering and consulting as well as the traditional professions.
Growing teams are where the accounting changes. A company hiring its first employees takes on source deductions and T4 slips, and once an eligible employer's Ontario payroll passes $1,000,000, the Employer Health Tax as well. Meanwhile the owners are deciding how much to take as salary and how much to leave in the company. HBT works on Markham files remotely from Calgary.
Markham in numbers
| Population, 2021 Census | 338,503 |
|---|---|
| Change since the 2016 Census | Up 2.9% |
| Size among Canadian municipalities | 16th |
| People per square kilometre | 1,604.8 |
| Businesses with employees | 16,411 |
| Largest sectors by employer businesses | Professional, scientific and technical services (2,981); Retail trade (1,602); Health care and social assistance (1,519) |
Source: Statistics Canada: Population and dwelling counts, census subdivisions, 2021 Census and Statistics Canada: Canadian Business Counts, with employees, June 2026.
What a Markham engagement covers
Payroll from the first hire
Payroll account, source deductions and year end slips.
Owner pay
Salary and dividends planned against the year's results.
HST
Ontario HST at 13 percent, including sales to customers in other provinces.
When should a growing Markham company set up payroll?
Before the first pay date. A business needs a CRA payroll account to deduct and remit income tax, CPP and EI for its first employee, and remittances then fall due on a schedule set by the size of the payroll.
Starting prices are published on the fees page. Final fees depend on scope, and we quote a fixed fee once the work is clear. See starting fees. The first conversation is free and takes about 10 to 15 minutes.