- Trusted Tax and Accounting Firm in Toronto
Payroll Services Toronto — NRK Accounting
Outsource payroll with confidence. NRK Accounting provides accurate and compliant payroll services in Toronto and North York. We handle payroll processing, CRA remittances, direct deposits, and year-end slips — so your employees get paid on time and your business stays fully compliant.
Our Payroll Services Include
Payroll Setup & Compliance (CPP, EI, Income-Tax Withholdings)
We set up your payroll system correctly from day one, registering your payroll account and configuring CPP, EI, and incometax withholdings so every deduction is accurate and compliant.
On-time payroll processing for employees and contractors
We process each payroll run on schedule, calculating wages, deductions, and net pay for both employees and contractors so everyone is paid correctly and on time.
CRA Source-Deduction Calculation And Remittance
We calculate your source deductions and remit them to the CRA on time, every period, so you never face penalties for late or incorrect remittances.
Direct Deposit Setup And Secure Payment Distribution
We set up direct deposit and securely distribute payments to your team, eliminating cheques and ensuring a fast, reliable payday every cycle.
Year-end slips preparation (T4 / ROE)
We prepare and file your year-end T4 slips and issue Records of Employment (ROEs) when needed, keeping you compliant with CRA reporting requirements.
Payroll record-keeping and reporting
We maintain organized payroll records and provide clear reporting, so your data is accurate, accessible, and ready for yearend or any review.
Payroll audit support and error correction
If a payroll discrepancy or CRA query arises, we identify and correct errors quickly and support you through any payrollrelated review.
Seamless integration with bookkeeping services and accounting systems.
We connect your payroll directly with your bookkeeping, so wages, deductions, and remittances are recorded accurately in your books with no double entry.
Support for both T1 and T2 filings through our corporate tax services team.
Your payroll data flows into both personal (T1) and corporate (T2) tax filings through our tax team, keeping your business and owner taxes aligned.
Who We Support
- Small businesses and startups
- Incorporated companies
- Contractors and subcontractors
- Retail, trades, and construction crews
- E-commerce and logistics businesses
- Employers needing a compliant payroll process
Why Outsource Your Payroll?
- Avoid CRA penalties for late or incorrect remittances
- Accuracy with every payroll cycle
- Less administrative stress — focus on running your business
- Employees paid correctly and on time
- Clear and organized records for audit or year-end needs
- Better efficiency when payroll is connected to HST filings and bookkeeping.
Our Simple Process
- Business onboarding and payroll setup
- Collect payroll data (hours, wages, contractor info)
- Process payroll runs & issue payments
- Remit deductions to CRA
- Monthly and year-end reporting and slips
- Sync payroll with bookkeeping and tax filings
Why Choose NRK Accounting?
- Local accountants serving Toronto & North York
- Expertise in Canadian payroll compliance
- Transparent, upfront pricing
- Integrated services under one roof: payroll + bookkeeping + HST + taxes
- Personalized support — real experts, not call-center outsourcing
Frequently Asked Questions
Can you prepare and file T4 and ROE slips?
Yes. We prepare and file your year-end T4 slips and issue Records of Employment (ROEs) whenever an employee leaves, keeping you fully compliant with CRA requirements.
Do you support contractors as well as employees?
Yes. We process payroll for both employees and contractors, handling the correct treatment of each, including proper classification and any required reporting.
Can payroll integrate with my bookkeeping?
Yes. We connect your payroll directly with your bookkeeping, so wages, deductions, and remittances flow into your books automatically, with no double entry or year-end surprises.
How do I do payroll in Ontario, and should I outsource it?
Running payroll in Ontario means calculating CPP, EI, and income tax, remitting to the CRA on time, and filing year-end slips. Many small businesses outsource it to avoid penalties and save time. We handle the entire process so you don’t have to.
Do you use payroll software?
We work with leading payroll and accounting systems and manage them for you, so you get accurate, compliant payroll without having to learn or maintain the software yourself.
Get Started
Looking for a reliable payroll provider in Toronto? Contact NRK Accounting today for a free payroll consultation.
Location
40 Wynford Drive, Suite 211 North York, Toronto
Phone
416-577-4301
info@nrkaccounting.com