If you run a Halifax business that employs a number of employees, then you will have a set of legal and financial obligations towards those employees and the Canada Revenue Agency. Managing those obligations every payday can be tiresome and time-consuming. Moreover, it’s very easy to make a mistake or overlook something, landing your business in trouble with the law.
To avoid fines and other penalties, we suggest hiring payroll services in Halifax. Getting someone else to take care of your payroll obligations will save you many headaches. Adding to the benefits of hiring payroll services, there are various degrees of payroll services offered on the market, depending on what you need.
How do you know which service provider to choose?
Know What You Need
There are various payroll services that a service provider can offer. The more comprehensive they are, the more it will cost. You could always let the service provider do everything for you so that you never have to deal with payroll at all ‒ a more expensive option but one that comes with a lot of peace of mind and far less stress.
However, if you don’t want to shell out for full services, you can request only what you need help with, then take care of the rest in-house. This will save you some money, but there is still some administrative burden on you, which takes time.
Get A Quote Or An Estimate
Cost structures for different payroll service providers vary widely, depending on what you’re asking them to do, as well as how many employees they need to account for.
However, with this information in hand, most payroll service providers will be able to give you at least a cost estimate upfront so you have an idea of what you’re dealing with before asking for a more detailed and specific quote.
Having this information on hand will help you determine what your business can afford.
Research The Service Provider’s Reputation
Ideally, you want a payroll service provider who has been operating successfully for a while, with numerous satisfied clients. This way, you know you can rest easy and let them do their thing.
At Kevin Martin Accounting, we offer payroll services in Halifax, where we have serviced many satisfied clients for over 25 years. Contact us now for a free consultation!