Every business needs to have a GST/HST number after they crosses the threshold limit of $30000(Gross Revenue) or after getting a business license. In our firm we provide the following services related to GST/HST : Obtaining GST/HST number for your business from CRA. Recording all GST Related Entries into your books of accounts. Claiming GST @rates defined by the legislature. Assisting business in claiming ITC Adjustments. Filling of GST/HST on timely basis to avoid late payments and interest.

Keeping up to date with the business’s accounts payables, receivables, account reconciliations, payroll and government taxes requirements can be very demanding for any business owner or financial manager. At Taxxlution, we are committed to providing tailored comprehensive bookkeeping solutions that are comprehensive and long term, freeing up your time so you can focus on running your business. Whether you need support to manage your cashflow, forecast income and expenditure, or simply provide more detailed financial reporting, our highly skilled team of bookkeepers will assist you to ensure your business is operating as planned. We provide the following: Payroll Solutions Payroll management can be very…

As a business owner, it can be overwhelming to think of all of the taxes that can be applied to your business. Our team has expertise across the full range of direct and indirect taxes which can provide sustainable planning opportunities to help your business minimise the cost and administrative impact of these taxes, in order to meet its compliance requirements and strategic goals. Our clients extend across a diverse range of industries, so we are well equipped to provide advice on and manage corporate taxes across the following areas: Corporate income Taxes GST/HST Tax Planning Business Advice

When it comes to personal income taxes every individual wants it to be perfect, get more refunds from CRA without paying hefty fee. This is when it gets clients to visit Taxxlution. At Taxxlution we have experts dealing in all kind of personal taxes situations whether it is Self Employed, Rental Property, Sale of any kind of property, Shares Trading all that comes across. To help you get more refund on your taxes we help you claim following deduction/credits. Medcals expenses Prescriptions Charitable donation receipts RRSP Childcare expenses First time home buyer Disability (T2201) T2202A for tuition and education amounts Investment loan expenses Spousal support if applicable Interest paid on student…

The Early need of many small and medium scale business is paying their employees correctly and timely. At Taxxlution we provide accurate and swift processing of payroll as per Canadian regulation by using Canadian Standard software with latest updated Tax Tables and latest CPP and EI marking. Services included other than above are : Creating new Employee ID Calculating statutory holiday working Issuing ROE’s Generating T4 Slips Filing annual T4 summary (Payroll Return).

If you are planning to start a business, or you have already set up a business, and want us to assess if the current structure is best for you. We will do a thorough review and reorganisation (if required) of your business and investment entities. We can analyse your current structure and suggest the best plan of action for your business. What includes under business incorporation is: Getting the name of your choice and Certificate of incorporation. Setting up Business Number with CRA. Getting your business GST/HST number with CRA. Setting up Payroll Account with CRA. Setting up WCB Account