Taxes? Tackled. Now make payroll pain-free.
Painlessly pay your people, and yourself. Stay compliant with the legal stuff, and make tax time even easier with Wave’s payroll software.
Easy payroll software for small business
- Run payroll in minutes
- No hidden fees
- 100% guaranteed accuracy
Pay employees and contractors
Also, easily generate T4 and T4A slips and summaries for tax season
Pay employees and contractors
Pay independent contractors and employees, and generate W2 and 1099 forms for tax season.
Tax payments and filings
Wave’s complete payroll tax service can automatically pay and file your state and federal payroll taxes for businesses in AZ, CA, FL, GA, IL, IN, MN, NY, NC, TN, TX, VA, WA, and WI. (Coming soon to more states.)
Direct deposit
Deposit payments quickly, reliably, and directly into your employees’ bank accounts. Less work for you, and your team will love it.
Automatic tax remittances
Keep compliant and save time by having Wave handle your Canada Revenue Agency tax remittances on your behalf.
Automatic payroll journal entries
Our payroll software is seamlessly connected with the rest of your Wave account to reduce the time you spend on manual bookkeeping.
Employee access
Your employees can log into Wave securely to access their pay stubs and T4s, and manage their contact and banking information.
Easily switch from another payroll provider
When you switch from another payroll software, migrating your data is simple. Learn more about how you can switch to Wave.
Self-service pay stubs and tax forms
Employees can securely log in to access their pay stubs and W2s, and manage their contact and banking information.
Protect your team with workers' comp
Only pay for what you use and simplify annual audits with workers' comp built for small business owners.
Make managing payroll effortless
Automated, accurate payroll helps you stay compliant, save time, and be stress-free.
We were using a million different platforms to do what Wave can do all in one. It just worked. It was so painless. It’s helping me run my business and not worry about payroll.
Payroll pricing
No set-up fees or hidden charges.
- + $6 CAD per active employee
- + $6 CAD per independent contractor paid
- 100% payroll accuracy guaranteed
- Unlimited free direct deposits
- Automatic tax payments to the CRA
- Pay yourself, employees, or contractors hassle-free
- Seamless integration with Wave Accounting software
- Get the full picture of your cash flow with wage and tax payment reporting
- Integrated employee portal for access to pay stubs, tax forms, and vacation leave
- Full employee management with ROEs, top ups, benefit calculations and more
- Easily generate T4 and T4A slips and summaries
See all small business payroll features
- Run your payroll with ease and accuracy.
- Make payments, record accounting entries, and generate tax documents for your independent contractors.
- Pay employees with one simple click every payday.
- See a breakdown of your payroll expenses by employee, expense type, and more.
- Employees get online access to pay stubs and tax forms, and can update their banking and contact details.
- Generate T4 and T4A summaries and slips without the hassle.
- Save time with automatic tax filings and direct deposits.
- Track leave time and accruals required to process payroll.
- Payroll automatically integrates with Wave’s accounting, invoicing, and online payments features to keep your records up to date.
- Get a priority connection to our customer support team via live chat Monday - Friday.
- Connect with our support team via email for prompt assistance.
Frequently Asked Questions
How does the 30-day free trial work?
Upon processing your first payroll, you can use Wave’s payroll software for up to 30 days, commitment-free. At any time, you can activate to start your billing cycle and gain access to items like automatic remittances and approving payrolls beyond the current month. See our full Canadian terms here.
Can I do payroll without software?
You technically can process payroll without using software, but this can be risky, especially for employers who don’t have the time or accounting skills to process payroll correctly. Mistakes and errors can lead to hefty tax penalties, which would offset any money saved through DIY payroll processing methods. This is why it’s recommended that small business owners use payroll software instead.
What are the benefits of using small business payroll software?
Doing payroll manually involves confusing and time-consuming calculations. Not to mention the stress of worrying about making errors and winding up in a tax audit (yikes!).
Payroll software saves you time so you can focus on the best parts of running your business. And, in the long run, a payroll software like Wave’s can save you a lot of money and help you avoid tax penalties by reducing human error (and who doesn’t love saving money?).
How do I migrate my data from a different payroll provider?
If you're switching to Wave mid-year, you’ll want to gather your historical payroll data so that employee tax forms and pay stubs are accurate. You can learn how to do that with this handy support article.
What if I want to pause my payroll for a period of time?
You can pause payroll at any time by navigating to Settings > Billing > Cancel Payroll Subscription > Switch my Subscription > Update Subscription Preferences (how long will you pause payroll for).
Can I pay independent contractors with Wave's payroll software?
You sure can! Wave’s payroll software supports paying both employees and independent contractors when you run payroll. The proper tax forms (like the T4 and T4A) are available to be generated by you.
How do I run payroll for my small business?
We totally get it—running payroll for your business can seem like a daunting task, especially when you've got so much on your plate. That's why Wave's payroll software can help ease the burden of doing payroll on your own. We've also crafted a guide to small business payroll to help you navigate the process.
When can I begin using small business payroll software?
You don't have to wait for a new quarter or year to start using payroll software—you can start running payroll at any time! And if you’re switching providers, you can make the transition easily by importing all the necessary forms and information in just a few minutes. Check out our handy support article to learn how you can switch to Wave’s payroll software.
