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Payroll & source deductions · Richmond

Payroll services in Richmond

Richmond payrolls run around the clock more often than most. Warehouse and cargo crews near the airport work shifts, kitchens on No. 3 Road pay out tips, and farms in East Richmond add hands for the harvest. EverStone runs payroll for Richmond businesses remotely, on a written scope.

Quick answer: A Richmond employer withholds CPP, EI premiums and income tax from every pay, remits them to the CRA on the schedule it is assigned, and files T4 slips by the last day of February. BC adds WorkSafeBC, statutory holiday pay, vacation pay and, above $1,000,000 of BC remuneration, the employer health tax. Payroll is included in monthly bookkeeping from $300 a month.

Payroll services for a Richmond business cover the source deductions, the remittances, records of employment, year-end T4 and T4A slips, and the payroll account in My Business Account. One CPA keeps the payroll and the books together, so the wage expense and the remittances agree when the year closes.

Shift work near the airport and the river

Freight forwarding, warehousing and cargo handling cluster around Sea Island and the industrial land along the Fraser, and that work rarely fits nine to five. Night and weekend shifts, split shifts and overtime all have to be paid correctly under BC Employment Standards. Overtime starts once the daily or weekly hours set by the Act are passed, and it has to show on the pay stub with the hours behind it. A payroll that pays a flat rate regardless of hours is accumulating a liability the employer cannot see.

The records matter as much as the rates. Time sheets, shift schedules and approved overtime are what support the pay if an employee disputes it, and what support the T4 if the CRA asks. Kept electronically and sent through a secure upload link each period, they cost very little to maintain.

Statutory holidays and vacation pay in BC

BC pays a qualifying employee an average day’s pay for a statutory holiday, and a premium on top for working it. In a business that runs every day of the year, like a restaurant or a cargo operation, stat pay comes up on almost every holiday. Vacation pay accrues at 4% of wages, rising to 6% after five years of employment. Both need to be calculated on the right base each pay, not estimated at year-end. The BC stat holiday pay calculator shows the arithmetic.

Tips and gratuities in Richmond restaurants

Richmond’s restaurants draw diners from across Metro Vancouver, and card tips are a large part of what servers and kitchen staff take home. How tips are handled decides the payroll treatment. Tips that pass through the employer’s payroll as part of wages are generally subject to source deductions. Tips paid out directly, or through a pool the employer does not control, are generally treated differently. The arrangement should be settled and written down before the first pay run, not inferred from how it has always been done. Restaurant tip reporting covers the detail, and the Richmond restaurant page covers the rest of the file.

Seasonal farm hands in East Richmond

Berry and cranberry operations take on extra workers for the picking and harvest season and let them go when it ends. Each departure needs a record of employment, and each seasonal hire needs the same source deductions as a year-round employee. Farm employers also deal with WorkSafeBC coverage for the season. The Richmond farm accounting page covers the other side of a farm’s year.

WorkSafeBC and the employer health tax

An employer in BC registers with WorkSafeBC and reports assessable payroll for premiums. A business that pays subcontractors should also confirm their coverage with a clearance letter, because an uncovered contractor’s premiums can fall on the business that paid them. The WorkSafeBC registration guide sets out the steps.

The BC employer health tax starts once annual BC remuneration exceeds $1,000,000, and associated employers share that exemption. A growing Richmond group with a logistics company and a separate retail company may need to add the two payrolls together. The employer health tax guide explains how the bands work, and the rates are on the BC tax facts page.

What the engagement covers

  • Pay runs with CPP, EI premiums and income tax calculated each period
  • Remittances to the CRA on your assigned schedule
  • Overtime, stat holiday and vacation pay under BC Employment Standards
  • Records of employment for seasonal and departing staff
  • WorkSafeBC payroll reporting and employer health tax where it applies
  • T4 and T4A slips and summaries filed by the last day of February

Final pay and leaving employees

In BC, an employee whose employment is terminated must be paid all wages owing within 48 hours. That includes outstanding vacation pay. A business that runs pay twice a month cannot wait for the next cycle. Planning for that, and issuing the record of employment on time, is part of the engagement. Final pay on termination walks through it. Where a departure follows a dispute over hours or pay, the time records kept through the year are what settle it, which is one more reason they are uploaded every period rather than assembled afterwards.

About this article
EverStone CPA

Written and checked by EverStone CPA’s Chartered Professional Accountant, who serves Richmond employers remotely from Abbotsford. Updated . About the firm  ·  Send an enquiry

Payroll obligations for a Richmond employer

Payroll obligations for a Richmond employer Federal obligations plus what British Columbia adds — for a business operating in Richmond, British Columbia
ObligationWhat it involves
Source deductionsCPP, EI and income tax withheld from each pay
RemittanceDue on the schedule the CRA assigns to your payroll account
T4 slips and summaryFiled by the last day of February
Provincial payroll tax (British Columbia)BC employer health tax, once annual BC remuneration exceeds $1,000,000
Sales tax where you operate5% GST plus 7% BC PST: two registrations, two returns

Source: British Columbia tax facts. General information, not advice.

Free tools for Richmond businesses: remittance calculator and payroll deduction calculator.

Common questions

Richmond payroll questions

When does overtime start in BC?+
Once an employee passes the daily or weekly hours set by BC Employment Standards, and the rate rises again for very long days. Shift schedules and time records are what support the calculation if it is ever questioned. Ask about your case →
Are card tips subject to source deductions?+
It depends on how they are paid. Tips run through the employer’s payroll as part of wages are generally subject to deductions; tips paid out directly or through a pool the employer does not control are generally treated differently.
Do seasonal farm workers need a record of employment?+
Yes. Each employee who stops working for an interruption of earnings needs a record of employment, and seasonal staff are no exception. Their pay carries the same CPP, EI and income tax deductions as anyone else’s.
When does BC employer health tax apply?+
Once annual BC remuneration exceeds $1,000,000. Associated employers share the exemption, so related companies may need to combine their payrolls for the test.
Does EverStone have a Richmond office?+
No. The firm operates virtually, from Abbotsford, and serves Richmond employers remotely by email, video meeting, secure upload link and e-signature.
What does payroll cost for a Richmond business?+
Richmond businesses pay the same published fees as everyone else. Payroll is included in monthly bookkeeping from $300 a month; a payroll-only engagement is quoted by headcount and pay frequency, in writing, after we review your enquiry. See the published fees.
Do you work with businesses outside Richmond itself?+
Yes. Employers in Delta, Vancouver, Burnaby and the rest of Metro Vancouver are served the same way as those in Richmond, remotely and at the same fixed fees.

Get a fixed quote for your Richmond business

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Who this is for, and who it is not

This suits a Richmond business with a handful to a few dozen employees: a logistics company with shift crews, a restaurant with tipped staff, or a farm with a seasonal team. You want each pay calculated under BC rules, the PD7A balanced and T4s filed on time. A large unionized workforce needs a dedicated payroll platform instead, and we will say so. For anything short of that, the fee is agreed before work starts.

Running shifts in Richmond?

Get overtime, stat pay, tips and remittances right from the first pay run. Send an enquiry.

Remote payroll from Abbotsford

The practice is based in Abbotsford and Richmond payrolls run online. There is no Richmond office and no local staff. Pay data, TD1 forms and approvals move through a secure upload link and e-signature, and questions go by email first. The year end this all feeds into is corporate tax in Richmond.

Talk to a CPA about this

Talk through your payroll with the CPA who would set it up. You see a written fee before committing to anything.