Tax & Payroll

Employee Benefits

As a small business owner, it is essential that you provide employee benefits to your valued staff. After all, without them you would not be able to successfully operate your business in Burlington, Toronto, Oakville, Stoney Creek, Milton, Mississauga, Ancaster, Brampton, Etobicoke, Waterdown, Dundas, Grimsby or Hamilton, Ontario. There are many employee benefits that you may need to include as part of your employees income, including but not limited to:

  • life insurance premiums
  • education related benefits
  • employment insurance benefits
  • disability related benefits
  • medical related expenses

The method with which you pay or provide benefits to your staff will affect the payroll deductions you have to withhold. At Clearwater Professional Corporation, our accountants in Burlington can assist you in determining whether or not the benefits you provide are taxable, and we will calculate the value of each individual benefit, and provide support throughout the entire process. Please don’t hesitate in showing your employees just how much you value their hard work, and contact the accounting firm of Clearwater Professional Corporation for help from our accountants with your employee benefits requirements!

Contact Us Today