Tax4Nanny provides a simple, low-cost integrated service to manage your nanny's or elder care provider's taxes. We have a number of different packages to choose from and provide services across Canada. Depending on your needs we are able to customize our services.
Registration Services - $100 one-time registration fee
- Registering your Business with Tax4Nanny
- Completing the forms to register you as an employer with CRA (Canada Revenue Agency) and WSIB (Workplace Safety and Insurance Board) or applicable safety board in your province if needed.
Preparation and Filing Services - $400 annual fee
- Preparation of a customized withholding statement detailing your employee's net and gross pay, inclusive of federal and provincial tax rates, CPP (Canada Pension Plan) and EI (Employment Insurance).
- Updated personal reporting to reflect changes in tax rates, statutory withholdings or WSIB premiums or changes to your nanny’s salary.
- Generation of end-of year employer reporting and reconciliation forms, including T4 and T4 summaries.
- Filing a T4 summary on your behalf for your caregiver.
- Completing Employer Record of Employment if your nanny resigns or is dismissed. This is required by law.
- Solving your nanny tax problems, including government or WSIB inquiries.
- Answering your nanny tax questions throughout the year.
Submitting Services - $100 annual fee
- Paying the CRA tax remittances and WSIB premiums on your behalf.
- All remittance vouchers will come directly to the Tax4Nanny office alleviating you of all paperwork.
- Ensuring that payments are made correctly and on time which will avoid interest and penalty charges.
Other Services - From $100 for each additional service
- Preparation of employer documents needed for caregiver to apply for Canadian "landed status."
It's that simple! We do everything for you.
All fees subject to HST.