Accepting payments and payroll

 

Managing your cash flow effectively is key to running a successful business. We can help you simplify and improve the way your customers pay you, and the way you pay your employees.

Limited-time offer: Become a Moneris merchant and build your e-commerce site with Bookmark, the first AI-powered website builder. Get no website fees for 6 months – you’ll save almost $240!3

 



 

 

Solutions for your business

 

Moneris®*

Moneris®* payment solutions

Get exclusive benefits as a BMO customer

 

  • Sign up with Moneris and enjoy special savings in banking fees with unlimited Moneris debits & credits1
  • Accept debit and credit card payments securely in store, online, and on-the-go
  • Funds are deposited into your BMO account faster – as early as the next-business day2
  • Special offer: Get your website fees waived for 6 months with Bookmark, the AI website builder, so you can start your e-commerce store. You’ll save almost $240!3

 

 

 

 

 

 

 

 

 

 

 

 

Learn more
ADP®† Payroll and HR Services

ADP® Payroll and HR Services

Make your payday easier!

 

 

Receive 3 months of free HR services and free payroll processing, plus free implementation!3

 

Purchase ADP’s Small Business Payroll Solution or Payroll & HR Bundle and receive three months free plus free implementation!3 Feel confident that your staff will be paid accurately and on time with Teampay by ADP® and learn HR basics easily on the ADP HR AssistSM Portal, the all in one portal that allows you to access valuable HR documents and tools to help you manage risk and rest easy.

 

 

 

Learn more

 

 


Paying your taxes

 

Running a sole proprietorship in Canada means you need to take care of your personal income taxes, as well as file provincial tax if you earn more than $30,000 a year. If you’re incorporated, you’ll need to pay federal taxes on behalf of your company.


The BMO Tax Payment and Filing Service can help you file and pay government taxes online, including payroll source deductions, corporate income tax, GST and PST.

 

Managing and paying your taxes is a critical component of running your business. If you’re starting or operating a small business, there are a number of tax considerations you’ll need to keep in mind. Filing a GST/HST return and a personal income tax return (T4) are the two most important tax-related responsibilities you’ll have.

 

If your business is incorporated, you’ll have to file a corporation income tax (T2) return every tax year. The Canada Revenue Agency has useful and detailed information – including checklists and forms – to help you stay on top of your taxes.

 

Learn more

Not sure where to start?

 

Let us help you find what you need by telling us a bit about your business.

 

Number of years in business

 

Annual revenue

 

Number of employees

 

 

Where You’re At

Starting Out

 

Sounds like you’re getting your business started. We have products, tips and tools that can help you get your business off the ground.

 

 

Growing Your Business

 

Looking to grow your business? We can help you build on what you’ve established, with services and solutions designed to take your business to the next level.

 

Managing Your Business

 

We can help you run your business more efficiently with cash flow, payroll and payment solutions that will make your day-to-day operations easier.

 

Transitioning

 

We can help you get the most out of what you put into your business, with succession and retirement planning services to suit your needs.

 

 


Banking with Us

We have bank accounts and plans designed to suit the needs of your business. Find the best match for you.


Credit Cards

Looking to separate your business and personal expenses? Explore our selection of Business Credit Cards.


Business Borrowing

Whether you’re looking to expand or to simply improve your cash flow, we have loans and lines of credit that can help.


Commercial Borrowing

We offer flexible borrowing solutions designed to help larger businesses grow and operate more efficiently.


Accepting Payments

Enjoy access to innovative, industry-leading payment solutions that make it easier for your customers to pay you.


Payroll Services

We can help make payday easier, with payroll solutions that ensure your employees are paid and taxed accurately.


Paying Taxes

We can help you file and pay government taxes online, including payroll source deductions, corporate income tax, GST and PST.


Cash Management

Our extensive cash management solutions can help you efficiently manage your payables, receivables, liquidity and risk.


Corporate Cards

Looking to simplify, control and monitor employee spending? Explore our wide range of corporate card options.




®* MONERIS, MONERIS & Design, PAYD and GIFTPASS are registered trade-marks of Moneris Solutions Corporation. #VISA is a registered trade-mark of Visa International. #MASTERCARD is a registered trade-mark of MasterCard International Incorporated. #DISCOVER is a registered trade-mark of Discover Financial Services. #INTERAC is a registered trade-mark of Interac Inc. All other marks and registered trade-marks are the property of their respective owners. #American Express is used with permission by Amex Bank of Canada under license from American Express. ™ PAYD PRO, PAYD PRO PLUS, MONERIS BE PAYMENT READY & Design and GIFTCERTIFICATES.CA is a trade-mark of Moneris Solutions Corporation. All other marks and registered trade-marks are the property of their respective owners.

 

ADP, the ADP logo, and Always Designing for People are trademarks of ADP, Inc. ADP HR Assist and ADP Workforce Now On the Go are service marks of ADP, Inc. All other marks are the property of their respective owners.

Copyright © 2021, ADP Canada Co. ALL RIGHTS RESERVED.

 

1 All Business Banking Plans qualify for unlimited Moneris transactions. Actual savings may vary depending on which Everyday Banking for Business Plan is selected for your account. Moneris payment processing fees still apply. Applies to all deposits posted by Moneris to your BMO business account in connection with your acceptance of MasterCard, Visa*, Interac, Discover* or Union Pay* branded cards and American Express* transactions that are settled by Moneris - including deposit of settlement funds, terminal rental fee, and any other fees. American Express credit card transactions that are not settled through Moneris are not included in unlimited Moneris transactions, and are subject to separate terms and conditions. Standard transaction fees apply. Refer to Moneris Solutions for complete details. All other debit or credit transactions posted to your BMO account related to any other brand of card processed using Moneris services, are not included and may be subject to transaction limits associated with your Plan and/or excess per-item transaction fees. (* Visa, Discover, American Express and Union Pay are trademarks of their respective owners.)

 

2 Subject to certain terms and conditions.

 

3 Receive 3 months of free HR services and free payroll processing, including free implementation, when you are referred by Bank of Montreal (“BMO”) by August 31, 2021 and sign and submit ADP’s standard service agreement by September 30, 2021. Cannot be combined with any other promotions and is only available to new ADP clients in Canada with 1-49 employees that are referred by BMO. Applies only for Small Business Payroll solutions - ADP Workforce Now On the GoSM, TeamPay by ADP®, (including ADP HR AssistSM bundles), TeamPay by ADP Live, and Comprehensive Outsourcing Services. Free processing applies to the recurring payroll processing fees paid by you to ADP. “Recurring payroll processing fees” exclude, without limitation: (i) any underlying payroll funding obligations (wages, taxes, third party remittances); (ii) fees for additional services such as custom reports, third-party remittances (as applicable), and cheque stuffing; (iii) Year-end services (except for first T4 production as applicable); (iv) third party pass through charges (including delivery charges); (v) bank fees such as wire and NSF fees; (vi) fees for the delivery, maintenance and sale of equipment; and (vii) penalties and interest. ADP reserves the right to discontinue or modify this promotion at any time.

 

“BMO” and the “m-bar roundel symbol” are registered trade-marks of Bank of Montreal. Services referenced herein are provided by ADP Canada Co. ADP Canada Co. is not a member of The Bank of Montreal.

 

ADP, the ADP logo, and Always Designing for People are trademarks of ADP, Inc. ADP HR Assist and ADP Workforce Now On the Go are service marks of ADP, Inc. All other marks are the property of their respective owners.

 

 

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