Introducing Home Care Provider Payroll & Tax Management by HeartPayroll [For Canadian Employers]

October 24, 2016

Taking the initiative to employ an elder care provider for yourself, your spouse, or your parents is challenging. There are many things to adjust to as you embark on this new stage: scheduling, training, and getting used to a new person in your home. In addition, it puts you in a new situation — you’re now an employer. With all of the other changes you need to get accustomed to, you’re now responsible for registering with the CRA & WSIB/WCB/WorksafeBC, as well as reporting and remitting appropriately and in a timely manner.

It’s pretty easy to get any one of these many steps wrong, which can be risky and expensive. The CRA levies heavy fines to those who don’t follow the rules. Families that deal with all this by themselves need to dedicate a lot of time and effort to learning the rules and calculating different payment scenarios. Sadly, this often results in fines even for slight or accidental transgressions.

Would you like a service that manages the payroll of your caregiver for you?

Of course!

Fortunately, this is where HeartPayroll, CareGuide’s payroll and tax service for Canadian households, comes in.

HeartPayroll stemmed from a growing need within the caregiving industry and emerged as the most affordable solution to helping households become legal employers.

Let’s take a look at how HeartPayroll simplifies the task of becoming an employer after you hire an in-home care provider.

HeartPayroll takes care of:

  • Canada Revenue Agency (CRA) registration
  • Paying your caregiver using direct deposit
  • Correctly calculating net and gross pay, taxes, CPP, and EI amounts.
  • Remitting all source deductions on your behalf to the CRA
  • Providing and Filing the T4 and T4 Summary at tax time
  • Producing pay stubs and receipts each period
  • Calculating taxable benefit of room & board (if applicable)
  • Monitoring any applicable changes with the CRA and/or Employment Standards on your behalf
  • WCB/WSIB registration and premium remittance, this is an optional service and is $10 per month
  • A HeartPayroll expert will answer any questions that you have

Priced at only $39.99/month CAD, HeartPayroll is the most cost-efficient payroll service on the market (really, we’ve checked). It saves you valuable time and makes your life as an employer effortless.

Let Careguide’s HeartPayroll guide you through the hassles associated with taxes and payroll, so that you can focus on what’s important: living your life and caring for your loved ones.

Sign Up for HeartPayroll today!

For more information on how HeartPayroll can help you visit: HeartPayroll’s website

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