Virtual Payroll Services in Toronto and GTA
Beta Taxes’ Virtual Payroll Services take care of everything – from employee payrolls to tax remittances and year-end tax slips – with the help of online management of all services. Be it two employees or two hundred, we ensure that their paychecks reach them with complete accuracy while ensuring your business remains fully compliant.
- Online payroll services: processing & direct deposit
- Remittances to CRA and compliance with payroll taxes
- Preparation and filing of T4, T4A & T5 slips
- Certified & Licensed CPAs in Canada
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Affordable Virtual Payroll Ontario Services
Payroll mistakes are not only costly but also result in penalty charges from the CRA. At Beta Taxes, we provide virtual payroll services that will ensure everything about your payroll process is handled for you. Our virtual payroll system will handle all the pay runs, remittances, deductions, and year-end T4s in a timely fashion using a team of licensed CPA professionals.
At Beta Taxes, we provide affordable payroll services to small and mid-size businesses located in Toronto, Mississauga, Brampton, Vaughan, Ottawa, and throughout the GTA. If you have yet to process your very first payroll or manage multiple payrolls in different provinces, our system will help you handle your payroll seamlessly.
Fully Licensed CPA Ontario
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Why Virtual Payroll Services Matter
The task of processing payroll is not only about timely payment of employees but also about ensuring compliance of your business with CPP, EI, income tax deductions, vacation pay and CRA deadlines based on how often you make payments. Just missing one deadline or incorrect calculations may lead to fines, interest, and complaints from your workers.
Going virtual does not necessarily mean a lack of control. On the contrary, this will allow you to delegate your payroll tasks to a team of professionals who will do the job right for you from the very beginning. Our CPAs take care of your entire payroll process, including hiring and processing T4s online.
Virtual Payroll Services
Cloud Payroll Services: Setup & Processing
- Payroll account creation and registering with CRA
- Automated recurring pays with direct deposits
- Payroll for hourly, salaried, and contractor employees
- Multi-province payroll processing
Onboarding and Payroll Account Creation for Employees
- Onboarding payroll for new employees
- Collection of TD1 slips and deductions
- Employee record management
- Offboarding and final pays processing
Preparation and Filing of T4, T4A and T5 Slips
- Year-end T4 preparation and filing to CRA
- Preparation of T4A slips for contractors/pension income
- Preparation of T5 slips for investment income
- Distribution of T4s to employees before the CRA deadline
Remittance & CRA Payroll Compliance
- Calculations for CPP, EI & tax remittance
- On-time CRA remittance submission
- Monitoring of CRA compliance for payroll accounts
- Assistance with CRA payroll review or audit
Benefit, Deduction & Vacation Pay Management
- Vacation pay accumulation & payment tracking
- Arrangement of group benefits & pension deductions
- Handling of garnishments & other special deductions
- Calculation of statutory holiday pay
Continuous Payroll Service & Reporting
- Monthly & year-end payroll reporting
- Reconciliation of payroll summary with your books
- Continuous payroll service assistance for inquiries
- Integrated with our bookkeeping & reconciliation service
Why Choose Beta Taxes for Virtual Payroll Services?
Discovery
An extensive analysis of your current payroll process, staffing, and pay period needs.
Evaluation
We analyse your current payroll system, deductions, and compliance with CRA regulations.
Strategy Session
We guide you through a tailor-made virtual payroll solution that is built according to your pay period and staffing numbers.
Ongoing Support
We handle your payroll runs, remittances, and year-end reports continuously.
Serving Virtual Payroll Services Across Ontario & Canada
No matter where your business is located, our team offers you Virtual Payroll Services through cloud computing technology, regardless of where your location is based. Come visit us personally or at our office in Ontario, Canada, or you can also contact us virtually or from anywhere in Canada-
Case Studies
Capital Gain Reporting for an Investor Selling Stock Positions
Problem: The individual investor, who had sold some of his stock positions during the year, was uncertain as to how he should calculate his adjusted cost base and report the capital gain.
Solution: We compared his T5008 forms with his brokerage account statement, calculated his correct adjusted cost base for previous investments, and properly reported the gain using Schedule 3.
- Capital gain recorded correctly by Schedule 3
- Cost basis determined correctly and validated
- Paperwork strong enough to pass any CRA inquiry
Tax Joint Filing for a Newly Married Couple in Toronto
Problem: The couple was married during the middle of the year and did not realise that the way in which they filed taxes was different – from eligible credits transfer to what one of the spouses' tuition amounts could help the other.
Solution: The two returns were looked at simultaneously, and we figured out which credits should be transferred between the two and how the two should file in conjunction with one another.
- Both returns filed successfully as a paired couple
- Credits allocated to the more worthy spouse
- The couple is now aware about joint filing after marriage
Claiming Tuition and Relocation Expenses for a Graduate Student in Waterloo
Problem: The student moved for his work experience but was unsure whether his relocation expenses could be claimed as a deduction or how he should claim the unused tuition amount.
Solution: It involved evaluating the circumstances surrounding his relocation based on the eligibility requirements of the CRA and computing his deductible amount, as well as organising his years of unused tuition credits.
- Return prepared correctly with relocation expense deduction
- Tuition credits unused properly documented and categorized
- Student ready for using credits carried forward in the future
First-Time Home Buyers Credit for a Couple Buying a House in Milton
Problem: A couple that had just bought their first house did not know which credits and withdrawals they qualified for, one being the withdrawal from their RRSPs under the Home Buyers' Plan (HBP).
Solution: We verified whether they could apply for the first-time home buyers credit and reported their HBP withdrawal.
- Claimed first time home buyers credit in full
- HBP repayment amount accurately indicated
- Payment plan clearly established for future filings
Insights Relevant to Virtual Payroll Services
Corporate Tax Filing Made Simple for Startups
Canadian Tax Refunds Explained: How Much You’ll Get and How Fast
Bookkeeping Best Practices for Ontario Small Businesses
How to Pay Your Taxes in Instalments: CRA Payment Plans Explained (2026)
Freelance Taxes in Canada: What Toronto Freelancers Need to Know
How Long Should You Keep Tax Returns and Business Records in Canada?
Industries We Serve With Virtual Payroll Services
testimonials
Our Clients' Results Speak for Themselves
Real success stories from businesses we’ve helped grow.
Expert Tax Advice for Truckers & Small Businesses
I had a great experience with at Beta Taxes CPA. He explained a complex CRA trucking issue in very simple terms and helped me understand the risks and the right way to move forward. Very knowledgeable, patient, and practical. If you are a trucker or small business owner looking for clear tax advice, I highly recommend Beta Taxes.
Sarang Vaid
Stress-Free Business Tax & CRA Compliance
Beta Taxes CPA provided excellent support for our business tax and CRA compliance needs. Their team is knowledgeable, proactive, and very responsive. They explained CRA requirements clearly, identified tax-saving opportunities, and handled filings accurately and on time. The entire process was smooth and stress-free. We highly recommend Beta Taxes CPA for reliable business tax and CRA support.
Pargat Sandhu
Expert Guidance for Canadian Home Sale Tax Matters
Alex has been so amazing! I sold my home shortly after moving to the UK on a temporary visa and it was so stressful navigating the Canadian tax system. Even from afar – across the world, Alex took his time walking me through what I need to do, advised me on next steps, and how he can help me through calls on Whatsapp and email. I received the letter I needed from him to proceed with the closing of my Canadian home sale. Thank you so much to Alex and the team for your guidance and help! I appreciate it so very much 😊.
Carmen Mach
FAQ’s
Frequently Asked Questions
What is included in virtual payroll services offered by Beta Taxes?
Beta Taxes will take care of the payroll set-up, payroll runs, CRA remittances, T4/T4A/T5 forms, benefits and deductions management, and payroll reporting remotely.
How does remote payroll processing work?
Submit your employees' hours worked and/or salary online, and our team will do payroll processing and remittances for you without your physical presence.
Do you offer to set up payroll processing for a newly incorporated company for the first time?
Yes, we do. Our team will set up payroll processing in its entirety, including registering the CRA payroll account.
How frequent are the CRA payroll remittances?
The remittance frequency will depend on your average monthly withholding and will be either monthly, quarterly, or accelerated; we will determine it for you.
Are T4, T4A, and T5 slips prepared by you at the year-end?
Yes, we prepare and file T4 slips for employees, T4A slips for contractors/income earned otherwise, and T5 slips for investment income earned by you.
Will you be able to resolve payroll issues from another payroll company?
Yes, as we fix any incomplete payroll information and make all payroll accounts complete with the CRA.
Do you offer payroll services for both contractors and employees?
Yes, as we arrange payroll separately for each group (for employees - T4 and T4A for contractors).
What will happen if I need to change an employee's pay during the period?
You can make any payroll changes, including salaries, bonus payments and termination, anytime.
Can virtual payroll services be used by businesses that have employees in several provinces?
Yes, we arrange multi-provincial payroll services with consideration of provincial deduction rates and employment standards.
Does your payroll service connect with my bookkeeping?
The information about your payroll will be adjusted in your books with our bookkeeping and reconciliation services.
SCHEDULE AN INTRO CALL
Your Dedicated Accounting Partner Is Just a Call Away
Each business has its own unique financial goals and the best accounting strategy is based on understanding the goals. If you’re in need of continuous support in accounting including bookkeeping, tax planning and payroll management, or business consulting services Our team is ready to assist.
In your initial call we’ll use the opportunity to understand your business as well as discuss the current challenges you face in accounting and suggest solutions that are tailored to your specific needs. You’ll get a better picture of how we will assist you in achieving financial success by providing clear communication, practical guidance and consistent, year-round service.
- Talk about your accounting and tax requirements
- Receive personalised recommendations based on your company's goals
- Find out more about our accounting process and service options
- What’s your budget?
