What payroll costs

What does payroll cost for a small business in Canada

Payroll setup from $250, monthly payroll from $150/mo, additional employees from $25/mo. T4 preparation from $100. Published starting prices.

Prepared by HBT Accounting, a CPA led firm in CalgaryUpdated 5.0 on Google, 59 reviews

One

Priced per run and per employee, so it scales honestly

Payroll setup starts at $250 and monthly payroll at $150 per month, with each additional employee from $25 per month. That structure means a business with three staff is not quoted the same as one with thirty.

The slips are separate and published too. T4 or T4A preparation starts at $100 plus $25 per additional employee. A T5 is from $150 per slip, a T5018 from $150 per slip, and a record of employment from $50. Source deductions are remitted on schedule, which matters because payroll is money held in trust and the CRA examines it more closely than most owners expect.

Two

What payroll support covers

The run and the remittance

Payroll processed and source deductions remitted on time, because late remittances carry their own penalties.

Slips at year end

T4, T4A, T5 and records of employment prepared from records kept through the year.

Benefits treated correctly

Taxable benefits identified and handled properly rather than discovered during a review.

Three

How the work begins

  1. Step 1: Headcount and pay cycle

    How many people, how often they are paid, and what benefits exist.

  2. Step 2: Setup, then a rhythm

    Accounts and the schedule established once, then each run on time.

  3. Step 3: Year end without a scramble

    Slips prepared from records already kept, not reconstructed in February.

Four

How much does payroll cost for a small business in Canada?

At HBT Accounting payroll setup starts at $250 and monthly payroll at $150 per month, with additional employees from $25 per month each. T4 or T4A preparation starts at $100 plus $25 per additional employee, a T5 from $150 per slip and a record of employment from $50. All amounts are starting prices plus GST or HST where it applies.

Official sources

  1. CRA: Employers' guide, payroll deductions and remittances
  2. CRA: Payroll remitter types and due dates

Payroll setup from $250+. Monthly payroll from $150/mo+. Each additional employee from $25/mo+. Final fees depend on scope, and we quote a fixed fee once the work is clear. The first conversation is free and takes about 10 to 15 minutes.