Employers in Ontario must keep detailed payroll records for at least six years, as required by the CRA and the Employment Standards Act (ESA). These records should include:
- •Employee personal details (name, address, SIN).
- •Dates of employment, hours worked, and wages paid.
- •Deductions for CPP, EI, and income tax.
- •Records of vacation pay, overtime, and statutory holiday pay.
Accurate records are crucial for audits, employee disputes, or legal compliance. Using payroll software can simplify record-keeping by storing and organizing employee data and payment history in one secure system.
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