Payroll is the collection of records of salaries, wages, bonuses, vacation pays and deductions (such as EI, Pension, group insurance, etc...) payed out by a company to its employees in return for their employment (skills, time, energy).
Canadians pay HST and GST to the Canadian Federal Government, and the rates vary by province. The Canada Revenue Agency is the authority on all payroll issues within Canada.
- Payroll eService for Canada Revenue Agency: http://www.cra-arc.gc.ca/eservices/tax/business/pdoc-e.html
- CPP is the Canada Pension Plan
- EI is Employment Insurance
The IRS is the current authority on all payroll issues in the United States of America.
- Internal Revenue Agency (IRS) - Business Regulation Division: http://www.irs.gov/businesses/