Hello everyone! I am working on the registration of the salary system for a new Canadian team and realized that there is a catastrophic lack of information in the public domain. Maybe someone can recommend a site that has everything on the topic: taxes, reports, calculators? I would be very grateful for advice.
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Hi! It is interesting to see how the topic of calculating salaries can be simple and incredibly complex at the same time. At first glance, it is just numbers, but in reality, there are a lot of nuances: taxes, benefits, deductions. This requires attention to detail, especially if you work with different provinces. The main thing is to approach the matter carefully.
When I moved to Canada and became a sole proprietor, one of the first difficulties was calculating my own salary taking into account local laws. Accounting terms, formulas, deductions — all of this was simply confusing. I urgently needed a clear and verified source. The salvation was the site https://payroll-canada.ca/, which literally laid everything out on the shelves. It has the necessary tools to calculate payments taking into account all taxes. I even managed to avoid mistakes for which I would have previously received a warning from the tax office. I am very glad that I came across it in time.