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People also ask
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What is PCP certification in Canada?
The National Payroll Institute's PCP designation is the foundation for a successful career in payroll. The PCP courses will help you gain an in-depth understanding of the legislative requirements to keep your organization compliant throughout the annual payroll cycle.
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Is the National Payroll Institute the same as the Canadian Payroll Association?
The National Payroll Institute (formerly known as Canadian Payroll Association) offers the only payroll designations in Canada: Payroll Compliance Practitioner (PCP) and Payroll Leadership Professional (PLP).
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How does Canadian payroll work?
Payroll in Canada works by having employers pay their employees for work they've done. The employers register for a payroll account with the CRA and then pay their employees. As an employer, businesses must withhold payroll remittances (CPP, EI and income tax) from their employees' pay.
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How much is PCP certification?
Study Options Study OptionRegistration Fee PCP Course Requirements: Payroll Compliance Legislation, Payroll Fundamentals 1, Payroll Fundamentals 2 Online $649 /course + tax Challenge $499 /course + tax Classroom Part-time $350 /course + tax1 more row
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How do I get into payroll in Canada?
Earning your PCP designation requires three core payroll courses, one transfer of credit and one year of related Canadian work experience. To both earn and maintain a designation, you also have to be a member of the National Payroll Institute.
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How is Canadian payroll different from US payroll?
The most fundamental difference is currency. U.S. payroll uses the American dollar as its currency, while Canada uses the Canadian dollar. You'll also deal with separate tax authorities in the two countries. In the U.S., the Internal Revenue Service (IRS) is responsible for enforcing payroll regulations.
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What does the Canadian Payroll Association do?
The Institute was formed in 1978 as the Canadian Payroll Association, and rebranded in 2022. The Institute offers two certification programs for payroll administrators and managers, and advocates for the profession and employers' interests through government lobbying and its magazine, Dialogue.
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