Knit Sundry fees

Effective Jan 1st, 2024.

Payment Solutions

Item

Rate

Billing Event

Expedite payroll

$25

per payroll expedite

EFT rejected by the bank

$25

per employee payment

Pre-funding payroll by wire transfer

$20

per transfer

Payment tracing (EFT/Cheque)

$50

per payment

Stop payment

$25

per payment

Stop CRA/MRQ remittance

$25

per remittance

Stop payroll

$50

per payroll

1st Non-sufficient fund (NSF)

$100

per NSF

2nd Non-sufficient fund (NSF)

$150

per NSF

3rd Non-sufficient fund (NSF) and thereafter

$200

per NSF

Non-sufficient fund (NSF) Payment Reversal 

$25

per employee

Collection costs for NSF returns (under $50,000)

*3 days grace period

$100 to $200 + 19.99%/annum interest

per collection for NSF return

Collection costs for NSF returns (over $50,000)

*3 days grace period

$250 minimum + 19.99%/annum interest

per collection for NSF return

Managed Services

Item

Rate

T4/T4A review and reconciliation of record. Preparation of working paper and filing

$250 + $5/employee

T4 amendments, correction and filing

$250 + $5/employee

Transmitting late T4 returns

$25

ROE amendment and preparation of working paper

$50 per amendment

Pensionable and Insurable Earnings Review (PIER) investigation and response

$250

WSIB or WCB filing

$125 per filing

Employer Health Tax (EHT) filing

$125 per filing

CRA payroll audit

$125/hour

Misc. hands-on support

$125/hour

Employee payroll consultation

$125/hour

Late funding fee (under $50,000)

$100

Late funding fee (over $50,000)

$200

Mid Year to Date (YTD) correction

$20/employee

Record Adjustments

Item

Rate

Billing Event

Payroll record adjustment

$150

Per payroll

 

Note: All prices listed above are subject to HST

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