Fixed-Fee. Trusted. Accurate. Quick. Easy. Economical.

Low-Cost Termination and Severance Payroll for Canadian Businesses

100% Risk-Free, Satisfaction, Guarantee, Price Match – Pay After Service

At Tax Filings Canada, we handle every part of your termination and severance payroll, from the filing itself to the planning around it. Our CPAs work with corporations and business owners every week, so you can focus on running and growing your business.

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Expert Solutions for Termination and Severance Payroll Across Canada

Stay compliant and optimize your financial processes with our specialized termination and severance payroll services.

  • Termination and Severance Payroll Compliance and Filing support
  • Termination and Severance Payroll Planning & Preparation Service
  • Accurate Termination and Severance Payroll reporting in Canada
  • Expert dispute resolution and client support

Book a Meeting with a Tax Accountant

Free initial consultation
No obligations
Speak directly with expert Accounting Firm/CA
Tailored tax planning strategies
Get Started
A Team of Accounting Firm Experts

Termination and Severance Payroll Transparent & Fixed Pricing

No hidden fees. Pay only after your service is completed. Recommended by 1000+ Business & Startups.

Business Accounting

From- $10/ M
Bookkeeping | Financials | Reconciliations
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Corporate Tax Filing

From- $90
T2 corporate Tax | NIL Return | Planning
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Personal Tax Filing

From- $25
T1 | Student | Employed | Self-employed
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GST/HST Tax Filings

From $75
GST/HST/PST/QST/RST Tax filings | Registration
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Partnership Tax Filing

From-$250
T5013 – Partnership Information Return
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Non-Profit Tax Filing

From- $250
T1044 | T3010 | T2 | Non-Profits Charities
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Notice to Reader

From- $500
Assistance NTR | Compilation | Audit
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Trust-Estate Tax Filing

From- $300
T3 Trust | Beneficiary Reporting | Allocations
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Tax Filings Canada provides low-cost, fixed-fee termination and severance payroll across Canada: payroll runs, CPP/EI withholdings, T4 slips and records of employment, built for employers from their first hire to multi-province teams, with payment only after your work is complete.

How Termination and Severance Payroll Filing Works

  1. 1

    Share

    Send your documents securely through our portal or by email.

  2. 2

    Prepare

    We prepare your termination and severance payroll return and every supporting schedule.

  3. 3

    Review

    You review each figure and approve before anything is filed.

  4. 4

    File & pay

    We file with the CRA, and you pay only after it is complete.

Termination and Severance Payroll: Tax Filings Canada vs. a Typical Firm

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
Termination and Severance Payroll: Our Analysis

Remitter frequency follows average monthly withholding — new employers generally remit monthly by the 15th of the following month. We quote termination and severance payroll as one low-cost fixed price — the budget-friendly alternative to hourly billing.

Termination and Severance Payroll – Service Pricing Tiers

Providing transparent fixed pricing and high-quality Accounting Firm compliance for your termination and severance payroll requirements.

Basic Termination and Severance Payroll

$150/monthly

Coverage: Standard bookkeeping and termination and severance payroll preparation.

Deliverables:
  • Preparation of basic termination and severance payroll files
  • Monthly status review via email
  • Basic compliance validation

Ideal for early-stage startups and sole proprietors.

Book Now

Premium Termination and Severance Payroll

$750/monthly

Coverage: Strategic advisory and fractional CFO integration.

Deliverables:
  • All features of Standard termination and severance payroll
  • Variance tracking & cost allocation advice
  • Quarterly tax planning advisory sessions

Ideal for companies seeking high-growth financial structuring.

Book Now

Why to choose Tax Filings Canada for Termination and Severance Payroll?

Why you should partner with Tax Filings Canada Experts for all your termination and severance payroll needs?

Experienced Termination and Severance Payroll Accountants

Providing tailored termination and severance payroll services to ensure compliance and maximize deductions.

Full CRA & Federal Compliance

Our certified accountants protect your business with complete federal and provincial tax compliance.

Hassle-Free Tax Filing

A dedicated team that handles your financials quickly, accurately, and without upfront fees.

Termination and Severance Payroll Preparation Service

Dedicated preparation processes customized for Canadian businesses.

Seamless Digital Solutions

Advanced accounting software integrations with QuickBooks, Xero, and wave accounting.

Scalable services for growth and expansion

Customized packages designed to grow as your business operations expand.

Accounting Firm Tax Experts

Termination and Severance Payroll Process Phases

Our clear four-step workflow ensuring absolute tax optimization and complete CRA compliance.

Step 1
Initial Consultation

Start with a free, no-obligation consultation to review your business’s financial, tax filing and compliance needs and outline our affordable solutions.

Step 2
Document Collection

Receive a comprehensive checklist and securely provide the required financial records and documents.

Step 3
Transparent Preparation & Review

Our tax accountant and accounting experts carefully prepare your filings, identify all applicable deductions and credits, and conduct thorough reviews.

Step 4
Electronic Filing & Ongoing Support

We file your documents electronically with the Canada Revenue Agency (CRA) on time and provide post-filing support.

Tax Filings Canada Team Office

"A Unique Termination and Severance Payroll Approach – Results First, Payment Later!"

  • Step 1: Share your information – No Upfront Payment!
  • Step 2: We prepare your financials & tax return.
  • Step 3: Review & sign the deliverable before payment.
  • Step 4: Make the payment only when satisfied.
  • Step 5: We file your return & share final documents.
  • Step 6: 100% Refund Guarantee – If unsatisfied, claim a full refund within 24 hours!

Risk-Free, Hassle-Free, and Client-First!

Schedule a Free Consultation

Industries We Serve with Termination and Severance Payroll

Termination and Severance Payroll for Startups Specialized startup tax & accounting
Termination and Severance Payroll for Healthcare Specialized healthcare tax & accounting
Termination and Severance Payroll for Consultants Specialized consulting tax & accounting
Termination and Severance Payroll for Real Estate Specialized real estate tax & accounting
Termination and Severance Payroll for Construction Specialized construction tax & accounting
Termination and Severance Payroll for Small Businesses Specialized small business tax & accounting
Termination and Severance Payroll for Restaurants Specialized restaurant tax & accounting
Termination and Severance Payroll for Franchises Specialized franchise tax & accounting
Termination and Severance Payroll for Self-Employed Specialized self-employed tax & accounting
Termination and Severance Payroll for Manufacturing Specialized manufacturing tax & accounting
Termination and Severance Payroll for E-Commerce Specialized e-commerce tax & accounting
Termination and Severance Payroll for Import & Export Specialized import/export tax & accounting
Termination and Severance Payroll for Logistics & Freight Specialized logistics tax & accounting
View All Industries

Termination and Severance Payroll Locations Near You

Use our office finder below to select your nearest accountant tax filing expert.

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Service Location

Termination and Severance Payroll Toronto, ON

Expert termination and severance payroll filing, personal T1 returns, and comprehensive Accounting Firm accounting in Toronto.

Full Province-Wide Service Coverage
+1 (416) 619-0068
Services Included in Toronto:
Corporate Tax Filing (T2)
Personal Tax Filing (T1)
Bookkeeping & Payroll Services
GST/HST & CRA Audit Representation

Termination and Severance Payroll Tax & Accounting Case Studies

See how our expert Termination and Severance Payroll tax and accounting services have helped Canadian businesses save money and stay compliant.

Case Study 1

$435,000 Sheltered By The Lifetime Capital Gains Exemption — Logistics Operator with Drivers, Kelowna

A logistics operator with drivers in three provinces in Kelowna, British Columbia was preparing to sell, but a minute book with no resolutions behind a decade of dividends disqualified the shares. Purification sheltered $435,000 under the exemption.

Read More Read the full case study

Case Study 2

Month-End Close Cut From 11 Weeks To 4 Days — Security Services Contractor, London

Closing the books at a security services contractor in London, Ontario took 11 weeks because of a director facing a personal assessment for unremitted source deductions. It now takes 4 days.

Read More Read the full case study

Case Study 3

$67,000 Credit Claim Filed And Accepted Without Adjustment — Construction Firm with Union, Calgary

A construction firm with union and non-union crews in Calgary, Alberta had never tested its work against the eligibility rules. The resulting $67,000 claim was accepted without adjustment.

Read More Read the full case study

Case Study 4

$130,000 Late-Filing Penalty Cancelled On Relief Application — 30-Employee Manufacturer, Kitchener

A 30-employee manufacturer in Kitchener, Ontario had already been penalised over company vehicles used personally with no logbook and no taxable benefit reported. A relief application cancelled $130,000 of that penalty.

Read More Read the full case study

Case Study 5

Audit Defence Closed In 6 Weeks, $124,000 Cleared — Landscaping Company with Seasonal, Ottawa

A landscaping company with seasonal staff in Ottawa, Ontario was under review over long-term contractors who met every test for employment. The file closed in 6 weeks with $124,000 of proposed tax cleared.

Read More Read the full case study

Case Study 6

Notice Of Objection Allowed In Full, $110,000 Reversed — Retail Chain Across Two, Moncton

A $110,000 reassessment landed at a retail chain across two provinces in Moncton, New Brunswick, resting on remittances still going out monthly after the business had moved to the accelerated threshold. The objection was allowed in full.

Read More Read the full case study
Read all 6 Termination and Severance Payroll case studies in full Browse the full case-study library

Our Expert Termination and Severance Payroll Accounting Firm & Team

Meet the specialists behind your Termination and Severance Payroll filings. Our Partners Are Alumni of the World's Top Accounting and Tax Institutions

Udit Gupta

Udit Gupta

CEO & Founder

CA (ICAI), Certified Tax Accountant, In-Depth Tax Trained

Abhinav Gupta

Abhinav Gupta

Canada Tax / International Tax

Canada Tax, International Tax, Cross Border Tax, Transfer Pricing

Raghav Gupta

Raghav Gupta

International Tax Expert

International Tax, Transfer Pricing Specialist

Anmol Mittal

Anmol Mittal

Canada Tax Expert

CPA Canada, CPA USA, CA (ICAI), Canada Tax Expert

Vinayak Indolia

Vinayak Indolia

CFO Advisory

Accounting Firm, CA. Fractional CFO and Senior Advisory Specialist

Meet Our Entire Team of Experts

Where we deliver Termination and Severance Payroll

Same fixed fees in every province. Find your city or your sector.

Termination and Severance Payroll Frequently Asked Questions

Direct answers to what Canadian business owners actually ask before hiring an accountant.

How much does Termination and Severance Payroll cost in Canada?

Termination and Severance 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.

What documents do I need for Termination and Severance Payroll?

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.

How long does Termination and Severance Payroll take?

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.

What happens if the CRA reviews or audits my filing?

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 support works.

Can you handle late or missed filings?

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.

Do you work with businesses outside major cities?

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.

Which industries do you specialise in for Termination and Severance Payroll?

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.

What makes Termination and Severance Payroll different from filing it myself?

Software applies the rules you already know about. A CPA 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.

What is included in Termination and Severance Payroll services?

Our termination and severance payroll services include complete filing, compliance management, and strategic advice customized to Canadian tax laws.

How do I start with Termination and Severance Payroll services?

You can start by booking a free 15-minute call. We will review your files, provide a fixed quote, and start working immediately.

Still have questions? View our FAQ page or contact us.

Explore More Termination and Severance Payroll Resources

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Free 15 Min Consultation for Businesses

Ready to get started with Termination and Severance Payroll?

Talk to a professional tax accountant about your situation. No obligation, and you only pay once the work is complete and you have approved it.

  • Tax accountant led team
  • Fixed fees, no hourly billing
  • Pay only after you approve

Our Partners Are Alumni of the World's Top Accounting and Tax Institutions

Chartered Professional Accountants Canada AICPA — American Institute of Certified Public Accountants Institute of Chartered Accountants of India Malaysian Institute of Accountants