Canadian tax laws, regulations, and processes are complex—and understanding them can be a full-time job. As accounting professionals, that is our job.
NH Business Services offers the following tax-related services for Canadian businesses:
Income tax returns
Trust tax returns
GST/HST and PST returns
T4, T5, T5018, etc.
Canada Revenue Agency (“CRA”) audit support
We always factor in both corporate taxes and personal taxes in order to achieve the least amount of overall tax liability. We give you the information you need to make solid decisions on matters with tax implications.
NH Business Services stays up to date with the CRA requirements so that we are able to give you accurate advice. Note that the CRA bulletins and guides, published at least once a year, are a good resource for Canadian taxpayers. Many people rely on these documents when it comes time to file their annual tax returns. However, it is important to remember that these bulletins and guides are just interpretations of the tax laws themselves.
Often, individuals have unique cases, and it is not clear how the tax regulations (federal and/or provincial) apply to them. As a result, they may end up filing a wrong return, or missing a potential tax credit or deduction. In addition, they may not be aware that accounting for their current financial situation differently could have put them in a more favourable tax position.
We make sure that your taxes are done properly—that your business meets its obligations under Canadian tax laws—and that you receive all the benefits and deductions available to you, in your unique situation.
No one likes the prospect of having to turn over some of their hard-earned money to the taxman. The best way to get the most breaks from your tax obligation is to ensure that you file your taxes properly and use the services of an experienced accountant.
Call us if you have any questions, and to take advantage of our free initial consultation.