Fixed-Fee. Trusted. Accurate. Quick. Easy. Economical.
100% Risk-Free, Satisfaction, Guarantee, Price Match – Pay After Service
At Tax Filings Canada, we handle every part of your direct deposit payroll, from the filing itself to the planning around it. Our accountants work with corporations and business owners every week, so you can focus on running and growing your business.
Secure Fixed Quote
Fill details below to lock in pricing and get started today.
Stay compliant and optimize your financial processes with our specialized direct deposit payroll services.
No hidden fees. Pay only after your service is completed. The fee is agreed before any work starts.
Yes — direct deposit payroll can be handled entirely online. Tax Filings Canada covers payroll runs, CPP/EI withholdings, T4 slips and records of employment for employers from their first hire to multi-province teams at affordable fixed fees, pay-after-service.
Everything starts with your documents — send what you have and we will sort it.
We build the direct deposit payroll file carefully, matching your records line by line.
The draft comes back to you for a proper look, not a rushed signature.
When you say go, we file it and follow up with the confirmation.
| Factor | Tax Filings Canada | Typical Firm |
|---|---|---|
| Pricing model | Fixed, flat fee | Hourly / unpredictable |
| Payment | Pay after service | Upfront retainer |
| Price match | Yes, on written quotes | Rarely |
| CRA audit support | Included | Billed extra |
| Typical turnaround | 3-5 business days | 2-4 weeks |
Late payroll remittances draw penalties of 3% to 10%, doubling to 20% for a repeat failure with gross negligence in the same calendar year. Our direct deposit payroll engagement is priced as a affordable flat fee, so the cost is known before the work starts.
If you handle Direct Deposit Payroll once a year, everything looks equally important. Handle it weekly, as a tax filing specialist does, and a clear hierarchy emerges; these notes follow that hierarchy.
Before anything else, one rule sets the frame. Salary or a bonus accrued at year-end but not paid within 180 days of the corporation’s year-end is denied as a deduction until the year it is actually paid, under subsection 78(4). An accrual booked to reduce a tax bill and then left unpaid moves the deduction rather than creating one.
Just as important, though far less discussed: Employers withhold CPP, EI and income tax and remit on a schedule set by their average monthly withholding. Late remittance carries a penalty of 3% to 10%, rising to 20% for a repeat failure with gross negligence in the same year. Payroll penalties compound quietly. An employer that drifts one cycle late each quarter can owe more in penalties than in the tax it was late paying. Then there is the matter of timing, which forgives very little: Source deductions are held in trust for the Crown from the moment they are withheld, which is why directors can be personally liable for unremitted amounts under section 227.1. Unlike most corporate debts, this one can follow the directors personally after the company is gone.
Taken together, these rules explain why direct deposit payroll can rarely be treated as a do-it-once-and-forget exercise. A tax filing specialist watches how they interact across your specific facts, which is something no checklist can do. Here is what to have on hand so the direct deposit payroll work starts moving on day one.
You will see the finished work before it goes anywhere — review-before-filing is standard here, not an add-on. The fee is fixed up front, and nothing is payable until the service is done.
Providing transparent fixed pricing and high-quality Accounting Firm compliance for your direct deposit payroll requirements.
Coverage: Standard bookkeeping and direct deposit payroll preparation.
Ideal for early-stage startups and sole proprietors.
Book NowCoverage: Full-service bookkeeping, filings, and CRA compliance support.
Perfect for established small businesses.
Book NowCoverage: Strategic advisory and fractional CFO integration.
Ideal for companies seeking high-growth financial structuring.
Book NowWhy you should partner with Tax Filings Canada Experts for all your direct deposit payroll needs?
Providing tailored direct deposit payroll services to ensure compliance and maximize deductions.
Our certified accountants protect your business with complete federal and provincial tax compliance.
A dedicated team that handles your financials quickly, accurately, and without upfront fees.
Dedicated preparation processes customized for Canadian businesses.
Advanced accounting software integrations with QuickBooks, Xero, and wave accounting.
Customized packages designed to grow as your business operations expand.
Our clear four-step workflow ensuring absolute tax optimization and complete CRA compliance.
Start with a free, no-obligation consultation to review your business’s financial, tax filing and compliance needs and outline our affordable solutions.
Receive a comprehensive checklist and securely provide the required financial records and documents.
Our tax accountant and accounting experts carefully prepare your filings, identify all applicable deductions and credits, and conduct thorough reviews.
We file your documents electronically with the Canada Revenue Agency (CRA) on time and provide post-filing support.
Risk-Free, Hassle-Free, and Client-First!
Schedule a Free ConsultationUse our office finder below to select your nearest accountant tax filing expert.
See how our expert Direct Deposit Payroll tax and accounting services have helped Canadian businesses save money and stay compliant.
Scaling exposed an employee over-deducted for CPP and EI after being moved between two related payroll accounts mid-year at a home-care agency in Toronto, Ontario. The back office was rebuilt to match, freeing $35,000.
An incentive review at a growing tech team with stock options in Edmonton, Alberta found T4 slips filed weeks after the deadline with no relief request made on the per-slip penalty and recovered $117,000 across 7 open years.
6 years of returns were outstanding at a dental practice in Surrey, British Columbia, on top of remittances still going out monthly after the business had moved to the accelerated threshold. Filing on real numbers removed $91,000 of assessed tax.
An employer whose remittance frequency moved up a threshold in Burnaby, British Columbia was carrying $130,000 of penalties and interest from long-term contractors who met every test for employment. A relief application cancelled it.
The ledger at a 30-employee manufacturer in Red Deer, Alberta could not support its own filings because of company vehicles used personally with no logbook and no taxable benefit reported. Rebuilding it surfaced $14,000 in unclaimed input tax.
A remuneration review at a construction firm with union and non-union crews in Barrie, Ontario found T4s that did not agree to the payroll register or the general ledger and saved $72,000 across the corporate and personal returns.
Meet the specialists behind your Direct Deposit Payroll filings. Our Partners Are Alumni of the World's Top Accounting and Tax Institutions
CA (ICAI), CA (MIA), CPA Canada (In-Depth Tax Program)
Canada Tax, International Tax, Cross Border Tax, Transfer Pricing
International Tax, Transfer Pricing Specialist
CA (ICAI), Canada Tax Expert
CA. Fractional CFO and Senior Advisory Specialist
Same fixed fees in every province. Find your city or your sector.
Direct answers to what Canadian business owners actually ask before hiring an accountant.
Direct Deposit Payroll starts at a fixed fee quoted before any work begins. The quote is locked at the outset and does not change mid-engagement, and you pay only after you have reviewed and approved the deliverable. Compare every plan on our transparent pricing page.
At minimum: prior-year returns and notices of assessment, your bank and credit-card statements for the fiscal period, payroll records if you have employees, and GST/HST filings. We send a checklist tailored to your situation after the free 15-minute call.
Most engagements are completed within 3 to 5 business days once your documents are complete. Catch-up work covering multiple years takes longer, and we tell you the realistic timeline before you commit rather than after.
We respond on your behalf at no extra charge for any return we prepared. Every figure we file is supported by documentation retained in your file, which is what turns a CRA review from a crisis into correspondence. See how our CRA audit representation works.
Yes. Late filing penalties compound at 5% of the balance owing plus 1% per month, so the cost of waiting is real. We prioritise catch-up work and, where eligible, file under the CRA's Voluntary Disclosures Program to reduce penalties.
Yes. We are a cloud-based practice serving every province and territory, so your location does not change the price or the service. Browse our coverage across Canada to find your city.
We work across construction, healthcare, e-commerce, professional services, restaurants, real estate, transportation, technology and non-profits, each with its own deduction profile and CRA scrutiny patterns. See all industries we serve.
Software applies the rules you already know about. An experienced tax accountant finds the ones you do not: capital cost allowance timing, the small business deduction threshold, shareholder loan repayment rules, and TOSI exposure on family dividends. The fee is usually smaller than the deductions it surfaces.
Our direct deposit payroll services include complete filing, compliance management, and strategic advice customized to Canadian tax laws.
You can start by booking a free 15-minute call. We will review your files, provide a fixed quote, and start working immediately.
There is a widespread assumption here, and the actual position is worth stating plainly. Remitter frequency follows average monthly withholding. A business that grows into the accelerated threshold keeps remitting monthly at its peril — the deadline moves before the CRA writes to say so. If your current setup was built on the assumption instead of the rule, that is fixable — but sooner is better than later.
Late payroll remittances draw a penalty of 3% to 10% depending on how late, doubling to 20% for a repeat failure with gross negligence in the same calendar year. We flag this early with every client it touches, because finding it out at filing time leaves you far fewer options than finding it out now.
The questions Canadians actually search on this topic, answered plainly. Browse every question in the Canadian tax answers directory.
There is no single percentage. Your employer applies the federal withholding table plus the table for your province or territory, using pay frequency, your annual rate of pay and the amounts claimed on your federal and provincial TD1 forms, then adds CPP contributions and EI premiums until the annual maximums are met. Pension contributions, union dues and benefit premiums come off separately. The CRA's Payroll Deductions Online Calculator reproduces the exact figures shown on your stub.
Fill in your name, address, social insurance number and date of birth, then claim the amounts that apply to you: the basic personal amount, tuition if you are a student, the age amount, a spouse or dependant amount, disability and the others listed on the form. Total them, sign, date, and give the form to your employer or payer rather than to the CRA. Complete both the federal and the provincial version. With two jobs, claim the basic personal amount on only one.
Three are standard: federal and provincial income tax withheld at source, CPP contributions (QPP in Quebec) and EI premiums. For 2026 an employee pays CPP of 5.95% on earnings above the $3,500 exemption up to $74,600, second additional CPP of 4% on earnings up to $85,000, and EI of $1.63 per $100 up to $68,900 of insurable earnings. Anything else — pension, union dues, benefit premiums, garnishments — comes from your employer’s own arrangements.
Yes. Tips and gratuities are taxable income in Canada, whether paid in cash, added to a card payment or shared through a tip pool. Amounts your employer controls and distributes usually run through payroll and appear on your T4 with CPP and EI withheld. Tips you receive directly are still reportable even though nobody reports them for you, so keep a daily record. Leaving them out is a common reason a server's return is reassessed.
If you are incorporated, you can take salary, dividends, or a mix of both. Salary is deductible to the corporation, builds RRSP room and CPP entitlement, and requires payroll registration and regular remittances. Dividends need no payroll but come out of after-tax corporate income and create no RRSP room. Sole proprietors and partners simply draw money and pay tax on the business profit. The right mix depends on your cash needs and the corporation's tax position, so model both.
They are the amounts an employer must withhold by law: income tax, Canada Pension Plan contributions and Employment Insurance premiums. For 2026, CPP is 5.95% from the employee and the same from the employer on earnings above the $3,500 basic exemption up to the $74,600 ceiling, plus CPP2 at 4% to $85,000. EI is $1.63 per $100 of insurable earnings for employees, and the employer pays 1.4 times that. Quebec runs its own plans.
Yes. Pay for casual, part-time or one-off work is taxable to the worker, however small the amount and whether or not a slip was issued. If the person is your employee, you generally withhold and remit source deductions and report the pay on a T4. If they are genuinely self-employed, they invoice you and report the income on a T2125. Worker status turns on control and independence, not on the word “casual”.
It can, though not automatically. Rent is taxable income, and against it you deduct mortgage interest (not principal), property tax, insurance, utilities you pay, repairs, condo fees, advertising and management costs. A genuine rental loss can reduce your other income. Improvements are capitalised and written off over time rather than deducted at once, and claiming that write-off usually increases the tax when you eventually sell.
Electronics are ordinary taxable goods, so the same sales tax as most retail purchases applies. That means GST at 5% everywhere, plus the provincial component: Ontario 13% HST; New Brunswick, Newfoundland and Labrador and Prince Edward Island 15%; Nova Scotia 14% since 1 April 2025; British Columbia 5% GST plus 7% PST; Saskatchewan 6% PST; Manitoba 7% RST; and Quebec 5% GST plus QST of 9.975% on the pre-GST price. Alberta and the territories charge GST only.
Start with total income from all sources, subtract deductions such as RRSP contributions to get taxable income, then apply the federal graduated rates and your province's rates to that figure. Subtract non-refundable credits, including the basic personal amount, then subtract tax already withheld on slips and any instalments paid. What is left is your balance owing or refund. CRA-certified tax software does this arithmetic; the CRA also publishes the rate and credit tables.
There is no single percentage. Canada applies graduated federal rates plus a provincial or territorial rate, and each bracket taxes only the income falling inside it, so the marginal rate on your last dollar is higher than the average rate you actually pay. Credits such as the basic personal amount cut the result further. Check the federal and provincial brackets for the year you are filing on the CRA site, since they are indexed annually.
Some of them, yes. Where your income is too low to use them, specific non-refundable credits may be transferred to a spouse or common-law partner, including the age amount, the pension income amount, the disability amount and part of tuition. The transfer is limited to the portion you cannot use yourself, and your partner claims it on their own return. The basic personal amount is not transferable, and Canada has no general marriage allowance transfer.
Reviewed and fact-checked by Udit Gupta
Ex Big 4 — Ernst & Young, Deloitte · International & cross-border tax specialist · CPA Canada (In-Depth Tax Program) · Chartered accountant, ICAI & MIA
Udit Gupta has over 15 years of experience helping corporations and business owners with corporate structuring, corporate tax filing, bookkeeping, payroll, GST/HST, cross-border tax and CRA representation. Big 4 trained at Ernst & Young and Deloitte, and qualified as a chartered accountant in India and again in Malaysia, he founded his accounting practice in 2014 to serve entrepreneurs, startups and non-resident business owners across Canada. View full member bio.
The Institute of Chartered Accountants of India — member 521458 · Malaysian Institute of Accountants — member CA 44667 · Ex Big 4: Ernst & Young, Deloitte · CPA Canada (In-Depth Tax Program), completed 19 Dec 2023 · In-Depth GST/HST Part I, 12 Jul 2022 · Part II, 5 Jul 2023
Editorial policy. Every page is researched against primary sources — the Income Tax Act, CRA publications and CPA Canada guidance — and every rate or threshold is stated with the tax year it applies to.
