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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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Canada’s leading value payroll service provider has rebranded!

We are excited and pleased to announce to our clients, businesses and nonprofits across Canada, that national payroll service provider VPM has rebranded!

Name change – simply VPM

The first key change to our organization is we are shortening our official name, V-Tac Payroll Management, to simply “VPM” from this point on. While we have been in business for over 20 years as V-Tac Payroll Management, and we cherish our beginnings and history, simplifying our name to VPM is consistent with our core values in that we strive to simplify whenever it makes sense so can ultimately improve our services and effectiveness.

New logo

The second key change you’ll see is we have designed a new logo for VPM. Our previous logo has been with us since the beginning, and while we are sad and have mixed feelings about seeing it go, we are excited about what our new logo brings to our identity.

We’ve chosen a more passionate red for our logo in general, reflecting our core value of passion for payroll affordability and exceptional and personalized service. We went from a logo having a circle and triangle, symbols of cyclic movement and strength, to a logo that features a growing cycle that symbolizes the growth of our clients and ourself each pay period. For the transition, we temporarily added “V-Tac Payroll Management” in red at the bottom, and this will disappear in less than a year’s time or once we believe our clients are aware of our branding and name changes.

It will take a few months for all changes to be experienced

It will take some time, probably 1-2 months to update and amend all our assets with our new branding, including reports and other materials, so please bear with us we will get there! We’ve already updated our website, social media, and will be kicking-off new content through a newsletter and resources section by end of year on our website in order to serve you better. This speaks to our core value of getting results, with a big part of that being continuous improvement. Please consider signing-up!

VPM’s excellence in service and affordability will not change!

For our clients it’s important to assure you that with these changes there will be no changes to the excellent and personalized service you’ve come to expect and rely on for your payroll management. We only intend to get better.

We also want to stress that these changes are consistent with our ability to offer very competitive and affordable payroll service prices for Canadian businesses and nonprofits. You can expect us to continue our track-record of being Canada’s true value leader when it comes to affordability and service for outsourced payroll services.

You can learn more About Us and what drives us through our Mission, Vision and Values that we’ve shared online. If you have any questions, comments or feedback for VPM, please Contact Us and we would be happy to listen and talk with you.

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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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