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Payroll & Sales Tax

Every Small Business Owner has to understand the monthly commitments of Sales Tax and Payroll remittance. Students are taught the concept, legislation ,business practices and accounting treatment of payroll.

Course Duration

Duration (Hrs)

Duration (Weeks)

Type

Next Start Dates

Teacher:Students

28

3

PartTime

Course Calendar

1:5

Course Outline

  1. Contract worker vs. employee
  2. Employment standard act and contract of employment
  3. Gross Pay and Deductions
  4. Payroll Liabilities
  5. WSIB and fringe benefits
  6. T4 and Record of Employment
  7. Payroll setting up and calculation using simply accounting and QuickBooks
  8. HST Setup and eligibility
  9. Own vs rent
  10. Remittance of taxes
Expectations and Goals

After Successfully finishing the course student will have detailed knowledge about the monthly commitments of Sales Tax and Payroll remittance

Pre-Requisites

None

Course Materials

Will be provided.

Other Costs

None

Career Prospects