As a small to medium sized business owner, it’s necessary for you to provide group benefits to your esteemed employees. Without them it would be impossible to proficiently operate your business in or around Cambridge, Brantford or Hamilton! There are many group benefits that you may want to offer your staff, such as:
- Disability related benefits
- Life insurance premiums
- Education related benefits
- Employment insurance benefits
- Medical related expenses
These are but a handful of the group benefits available to your employees. The method by which you provide these benefits will most assuredly affect the payroll deductions you will have to withhold. At Profit Financial Services our experienced accountants and bookkeepers can help you decide whether or not the benefits you provide are taxable. We will calculate the exact value of each and every benefit, and provide support throughout the entire process. Please express to your employees just how much you value them and the hard work they execute to ensure success for your company. Contact the firm of Profit Financial Services today for help with your group benefits requirements!