About the course:
Learn how to calculate taxable earnings, deduct correct statutory withholdings (Income Tax, CPP and EI) and arrive at correct net pay. Discover how to deal with all the stakeholders involved with payroll – employees, employers, government agencies, insurance and pension companies, workers safety and insurance boards. The course will also cover federal and provincial payroll compliance legislation.
Course outline:
- Payroll Compliance Legislation (income tax, CPP, EI, Employment Standards, Workers compensation)
- Setting up new employees for payroll
- Calculating regular and non regular earnings
- Calculating new pay, statutory and non-statutory deductions
- Remittances to Federal and Provincial Governments
- Termination of Employment, Record of Employment
Prerequisite:
- Bookkeeping skills
- Basic computer skills
