Simplify Payroll. Reward Shareholders with Confidence

Dividends and Payroll Services (FX)

Managing payroll and dividend payments requires accuracy, compliance, and timely execution. At Solstice Partners, we provide reliable payroll and dividend services that help businesses meet CRA requirements while ensuring employees and shareholders are paid correctly and on time.

Overview

Efficient payroll and dividend management are essential for maintaining smooth business operations and meeting your legal obligations.

At Solstice Partners, we help businesses streamline payroll processing, calculate source deductions accurately, and manage dividend distributions with confidence. Whether you have a growing team or a well-established corporation, our experts ensure your payroll and shareholder payments are handled accurately, on schedule, and in full compliance with CRA regulations. This allows you to reduce administrative burden and focus on growing your business.

What We Offer

Payroll Processing

Accurate payroll calculations and timely employee payments tailored to your business.

Source Deductions

Calculation and remittance of CPP, EI, and income tax deductions to the CRA.

Dividend Planning

Strategic dividend planning to support tax-efficient shareholder compensation.

Payroll Account Management

Setup and ongoing management of CRA payroll accounts and employer obligations.

Year-End Payroll Reporting

Preparation of T4 slips, summaries, and other required year-end payroll documents.

Payroll Compliance Support

Ongoing guidance to help your business stay compliant with changing payroll regulations.

Why Choose Solstice Partners

Managing payroll and dividends can be time-consuming and complex. Our experienced professionals ensure every payment is processed accurately, every deduction is calculated correctly, and your business remains compliant with CRA requirements.

Accurate Payroll Processing

Ensure employees are paid correctly and on time with reliable payroll management.

CRA Compliance

Stay compliant with payroll regulations, source deductions, and reporting requirements.

Tax-Efficient Dividend Support

Optimize shareholder compensation with strategic dividend planning and reporting.

Frequently Asked Questions

How often should payroll be processed?

Payroll can be processed weekly, bi-weekly, semi-monthly, or monthly, depending on your business needs and employee agreements.

What are source deductions?

Source deductions include Canada Pension Plan (CPP) contributions, Employment Insurance (EI) premiums, and income tax that employers are required to deduct and remit to the CRA.

What is the difference between salary and dividends?

Salary is considered employment income and is subject to payroll deductions, while dividends are paid to shareholders from corporate profits and are taxed differently. We can help determine the most tax-efficient compensation strategy.

Can you prepare year-end payroll reports?

Yes. We prepare T4 slips, T4 summaries, and other required payroll reports to ensure your business meets all year-end filing obligations.

Can Solstice Partners manage payroll for small businesses?

Absolutely. We provide payroll solutions for businesses of all sizes, ensuring employees are paid accurately while keeping your business fully compliant with CRA regulations.

Let Payroll Work for You

Save time and reduce compliance risks with professional payroll and dividend services tailored to your business.