Corporate Tax for Contractors in Kelowna
Your T2 filed on time, your pay planned properly, and no surprises from CRA. Once you incorporate, the questions get bigger. How much should you pay yourself, and as salary or dividends? What happens when you take money out of the company? How do you write off the new truck or equipment? We handle the return and help you make those calls with real numbers, depending on your situation. Corporate tax for incorporated trades and construction businesses across the Okanagan.
THE RETURN
What We Handle
Your annual T2 return and year-end financial statements, plus T4s, T5s and T5018 slips. CRA letters about your return handled too.
PAY
Salary and dividend planning for you as the owner, and shareholder loan tracking so money you take out does not become a tax problem.
TRUCKS AND EQUIPMENT
Capital cost allowance (CCA) on trucks, trailers, tools and equipment, claimed properly so your write-offs hold up.
DEADLINES
T2 due within six months of your year end. Balance owing generally due in two months, or three for many small CCPCs claiming the small business deduction.
Your T2 filed on time. Your pay planned properly.
Your T2 is included in every monthly plan, from $450/month + GST.