trainocate-advanced-technology-courses-b

CPC - Canadian Payroll Compliance Training Course

Overview

Duration: 4 days

N/A

Objectives

N/A

Content

Day 1 

1. Payroll Basics fundamental (Overview) 

  • Earning
  • Taxes
  • Benefits
  • Worker compensation
  • Filings
  • Year-end activities 

Day 2 

1. Day one refresher 

2. New Hire requirements 

  • Documentation
  • Regular calculation and taxation
  • Retro calculation

3. Termination Requirements 

  • Documentation
  • Final calculation
  • Pay calculation
  • Vacation pay out
  • Severance pay out

4. Earnings 

  • Classification of Pay codes
  • Taxation of Pay codes
  • Different method of payment mode

5. Hands on practice 

Day 3

1. Day Two refresher 

2. Statutory taxes 

  • Federal
  • Province
  • CPP
  • EI
  • EHT

3. Benefit Deduction 

  • Medical
  • Dental
  • Vision
  • Worker compensation

4. Hands on practice 

5. Identify taxes slabs 

Day 4 

1. Day Three refresher 

2. Taxes payment of CRA and other taxes agencies

3. Quarterly filings and reporting

4. Year-end activities 

  • Annual earning reconciliation
  • Annual taxes reconciliation
  • Annual filings
  • T4 Audit

5. Hands on practical 

6. Earning calculation manually and online calculator 

7. Assessment practice

Audience

N/A

Prerequisites

N/A

Certification

Trainocate Certificate of Attendance

Schedule

Show Schedule for: