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VPM

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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Pricing Overview

We strive to be extremely competitive when it comes to pricing our payroll and other services. We believe that clients should not ever be surprised, and upon joining VPM they will be pleased to confirm that there are no hidden fees in any of our pricing of services.

VPM currently deploys custom pricing because we can often give a better price to new clients with some basic company information communicated to us through a free price quote request. Furthermore, in some cases, given our high efficiencies we’ve been asked to take on responsibilities that go slightly beyond what a typical Canadian payroll service provider would agree to (such as processing departmental allocations of payroll), creating additional value for clients by lowering their total costs.

Open to switching your payroll provider?

Request a price quote so you can compare prices and fees and become better informed. Join now to receive one month of payroll free!

 

Learn about our free and fast onboarding process for switching and saving.

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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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Contact Us

1.866.315.8822

info@vtacpayroll.ca

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

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

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