This is what our Business Taxes service provides:

1. The expertise of our staff is to ensure that all filings are done accurately on a timely manner, becoming less likely to occur audits conducted by the Canada Revenue Agency.

2. We provide detailed tax planning minimizing taxes and in compliance with tax laws.

3. There are 5 sources for business income, listed below:
    • The great motivator for Small Business with net Business income under $500,000, there tax rate will be 12.3%. There are over 1 million small businesses in Canada with less than 100 employees
    • When Business income is greater than $500,000, then the tax rate is 26%
    • Investment and rental income is generally (Passive business income) drawing a tax rate of 50.17%; unless one owner is older than 65 years of age, then the tax rate is 20%. Passive income grinds down of RDOTH and the small business rate of 12.3 % to 26%
    • Manufacturing and Processing tax rates are 25%. Confirmed at under 12.3%
    • Personal Service Business with Tax rates greater than 43% (confirm)

Question in mind?

Let’s talk about how we can take care of all your Business Taxes needs and how we can help your business grow

Let’s talk :

Drop by our office :
1015 Bloor St. West, Toronto

Give us a call : 416-535-8846