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VPM

We’re the leading payroll service provider in Canada for adding value to businesses and non-profits through affordable prices and exceptional and personalized service.

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Industries

Whether you are the owner of a cafe, salon, boutique or car repair shop, VPM has the best serve to simplify your payroll and streamline your business. Below are some features and benefits that VPM's payroll services can provide for specific business sectors:

Transportation Companies

VPM is a great fit for the transportation industry because VPM can:
  • Calculate multiple mileage rates.
  • Fix lump sum payment types such as: tarps, drops, and customs.
  • Allow direct deposit drivers receive their pay automatically along with their paystub
  • Enable owner operators to process their pay through Vtacpayroll.ca with suppressed source deductions.
  • Lets employers to easily write cheques for terminations or missed payments outside of the regular pay schedule through our manual cheque feature.

Contractors and Subcontractors

VPM can benefit contractors and subcontractors because VPM can:
  • Can make direct deposits to employees’ bank accounts through e-payroll.
  • Offer wage distribution reports regarding hours and earnings.
  • Send E-stubs to employees who may work remotely or offsite.
  • Create and submit Records of Employment on your behalf.

Auto Industry

VPM can benefit auto dealers because VPM can:
  • Make direct deposits to employees’ bank accounts.
  • Keep you up-to-date on changing government rules and regulations.
  • Remit source deductions on your behalf without worrying about late penalties from the government.

Small Retail Business

VPM can benefit retail companies because VPM can:
  • Provide direct deposit to part-time employees.
  • Send e-stubs to part-time employees.
  • Create and submit Records of Employment on your behalf.
  • Calculate entitlement for all hourly or part-time employees with the holiday entitlement calculator.
  • Provide quick online access, which allows you to work and process your payroll comfortably from anywhere and from any business location.
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Professional Corporations

VPM can benefit Professional Corporation because VPM can:
  • Provide quick online access allowing you to process your payroll from any location using your desktop, tablet or mobile device.
  • Keep you up-to-date on changing government rules and regulations.
  • Remit source deductions on your behalf without worrying about late penalties from the government.
  • Create and submit Records of Employment on your behalf.
Open to switching your payroll provider?

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FAQ

I’m switching payroll providers halfway through the year, do I require 2 sets of T4s, one from each provider?

While not necessary, the year to date (YTD) data from the first provider can be carried over and added to the new provider. This includes all the data that employees have had in the given year (gross pay, CPP, Tax, EI etc). This information will then be used to generate the T4s at the end of the year.

What happens if my employees have garnishments?

Garnishments are to be collected and paid out based on the letter received by the entity. The deductions/payments will happen accordingly and can differ based on the situation explained in the letter.

How are source deductions handled?

The employee’s tax/CPP/EI and employers CPP/EI are collected and remitted to the CRA based on the frequency that has been assigned to that entity (i.e monthly-15th of each month).

Do I have to pay WSIB/WCB (Workplace Safety and Insurance Board/Worker’s Compensation Board)?

While not all industries are required, WSIB/WCB coverage is mandatory for many industries. Accidents happen and coverage is available.
The amount paid to WSIB/WCB will depend on the rate that is assigned to your business/industry/field. Based on that, the employer must pay that rate per gross payroll amount.

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1.866.315.8822

info@vtacpayroll.ca

Toronto Head Office
401 Bay St. Suite 1600
Toronto, ON, Canada
M5H-2Y4

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300, 840-6 Avenue SW
Calgary, AB, Canada
T2P-3E5

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