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Taxation

We believe our clients should pay the minimum tax that they are legally obliged to pay, and we are motivated to help our clients to achieve this.

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Canadian tax legislation contains many allowances and reliefs that will help you to minimize your tax liabilities. This is so whether the tax arises on earnings, profits of trade or gains when you sell chargeable assets

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Keeping your business as tax efficient as possible is one way you might be able to save money without having to make cutbacks elsewhere. You might be able to reduce the amount of corporation tax you pay by taking advantage of all tax allowances available to you. To make the most of these and to get the requisite tax reductions, make sure your assets and overhead expenses are listed in your profit and loss account. To take advantage of your allowances, try to make expensive purchases towards

Personal tax​
Personal tax​

As individuals, we all pay taxes that are deducted from our earnings. We know our clients work hard to earn their pay and we work harder to help them pay the minimum amount of taxes and maximize their return. We work with each individual to understand their situation in order to advise on the best solution - from basic tax returns to complex tax returns

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We always engage with our clients to ensure they are not missing any details. Our experienced accounting professionals are experts in tax filing and tax planning. Each return filed is professionally prepared and sent using the latest technology. 

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INDIVIDUALS WE SERVICE:

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  • New Immigrants

  • Seniors

  • Social Assistance

  • Disability

  • Contractors

  • Self-Employed

  • Rental Income

  • Commission-Based

  • Students

Corporate Tax
Corporate Tax

If you are a new business or an existing business, each corporation will need to report their earnings and pay taxes. Canadian Corporations must file their corporate income tax by the sixth month of their fiscal year end.

We provide our corporate clients with the best tax management advice. Our Corporate clients range from small to medium-sized businesses

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Harmonized Sales Tax (HST)
Harmonized Sales Tax (HST)

In Canada, the sales/goods tax is chargeable against any kind of goods and services. Sales or goods tax is chargeable to everything whether it is physical or non-physical. For instance, trademarks, digitalized products, supplies of physical property (land or building), and the usage of patents. One can get the payable HST and GST and other purchases related to your commercial activities back if he claims an input tax credit (ITC). 

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  • A person must apply for a business GST/HST number to CRA.

  • One can register if his annual sales exceed 30,000.

  • In Ontario, collect thirteen percent on your sales or services in Ontario.

  • Subtract thirteen percent on your business expenses and other purchases.

  • The Receiver General is the place where you can forward your HST payable.

  • The time span to forward your return maybe after a year or a quarter.

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the end of your accounting period, so you can write them off. This will minimize disruption to your cash flow, because you can claim your allowance sooner 

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