6 worked Fintech Companies case studies — the position a client typically comes to us with, what we do, and what it is worth. Each is an illustrative example built on the rules that apply to fintech companies work, not a specific client's file.
Case Study 1 · Planning that cut the bill
$55,000 Saved By Correcting What Prior Filings Had Missed — Custom Software Development Shop, London
Client: A custom software development shop · Where: London, Ontario · Engagement: 9 weeks, fixed fee
Saving identified$55,000
RecurringYes
Positions documentedAll
The situation — A custom software development shop, London, Ontario
A custom software development shop in London, Ontario asked for a second opinion on fintech companies accounting and tax. That followed three years of rising tax. The review found sector deductions claimed on a general-business basis rather than the fintech companies rules.
What we did for A custom software development shop, London, Ontario
We built the comparison first: current structure against two alternatives. Then we aligned the reporting calendar with the sector’s own seasonal cycle rather than a generic year-end.
The result — A custom software development shop, London, Ontario
First-year saving of $55,000, with the same benefit recurring. Every position taken is documented and supported in the file.
Case Study 2 · Missed incentive claimed
$21,000 Credit Claim Filed And Accepted Without Adjustment — E-Learning Platform, Brampton
The situation — An e-learning platform, Brampton, Ontario
An e-learning platform in Brampton, Ontario assumed the credits did not apply to a business its size. Development and improvement work written off as ordinary overhead meant they had applied all along.
What we did for An e-learning platform, Brampton, Ontario
We identified the qualifying activity and built the documentation to support it. Then we rebuilt the chart of accounts around how a fintech companies business actually earns and spends.
The result — An e-learning platform, Brampton, Ontario
$21,000 recovered. Because the eligibility analysis is on file, the same claim can be repeated each year with a fraction of the effort.
Case Study 3 · Structure rebuilt
Corporate Structure Rebuilt For $43,000 Of Annual Savings — Mobile App Studio, Kitchener
Client: A mobile app studio · Where: Kitchener, Ontario · Engagement: 6 weeks, fixed fee
Saving per year$43,000
DocumentationComplete
Transfer basisRollover
The situation — A mobile app studio, Kitchener, Ontario
The structure at a mobile app studio in Kitchener, Ontario dated from years earlier. It had been set up for a business that no longer existed. A previous accountant with no experience of this sector had become expensive.
What we did for A mobile app studio, Kitchener, Ontario
We documented the positions to the standard the CRA applies to this sector specifically. The reorganisation used the rollover provisions rather than a taxable transfer, so no tax fell due on the restructuring itself.
The result — A mobile app studio, Kitchener, Ontario
$43,000 of annual saving, achieved on a tax-deferred basis. The minute book, elections and valuations are all in the file.
Case Study 4 · Records and systems rebuilt
Books Rebuilt From Source, $16,000 In Unclaimed Input Tax Found — Digital Product Agency, Victoria
Client: A digital product agency · Where: Victoria, British Columbia · Engagement: 7 weeks, fixed fee
Unclaimed tax found$16,000
Records rebuilt26 months
ProcessDocumented
The situation — A digital product agency, Victoria, British Columbia
A digital product agency in Victoria, British Columbia could not answer basic questions about its own numbers. Equipment and asset classes assigned by guesswork rather than the CCA schedule sat between the bank statements and the ledger.
What we did for A digital product agency, Victoria, British Columbia
We reassigned the asset classes on the CCA schedule and corrected the opening balances. We then documented the process so the work does not depend on any one person remembering how it was done.
The result — A digital product agency, Victoria, British Columbia
Records rebuilt and reconciled, $16,000 recovered in input tax credits that the old file could not support, and a documented monthly process now in place.
Case Study 5 · Scaling without breaking
Growth Handled Without A Missed Filing, $149,000 Freed — Hardware Startup, Moncton
Client: A hardware startup · Where: Moncton, New Brunswick · Engagement: 6 weeks, fixed fee
Cash freed$149,000
Compliance failuresNone
ReportingMonthly
The situation — A hardware startup, Moncton, New Brunswick
A hardware startup in Moncton, New Brunswick was opening in a second province. That meant different filing obligations and a different payroll regime. Seasonal revenue reported without matching the costs that produced it already sat in the file.
What we did for A hardware startup, Moncton, New Brunswick
We reviewed every sector-specific deduction against the current rules and claimed the ones that had been missed. We then put monthly reporting in place. That let the owner see the cash effect of growth while there was still time to act on it.
The result — A hardware startup, Moncton, New Brunswick
Growth was absorbed without a compliance failure. $149,000 of cash was released, and the monthly reporting now flags a problem while it is still small.
Case Study 6 · Sale and succession
$755,000 Sheltered By The Lifetime Capital Gains Exemption — IT Managed-Services Provider, Kelowna
Client: An IT managed-services provider · Where: Kelowna, British Columbia · Engagement: 7 weeks, fixed fee
Gain sheltered$755,000
ClosingOn schedule
Share qualificationMet
The situation — An IT managed-services provider, Kelowna, British Columbia
An IT managed-services provider in Kelowna, British Columbia had an offer on the table and 12 months to close. The shares did not qualify for the capital gains exemption. No valuation on file to support the price the parties had agreed was part of the reason.
What we did for An IT managed-services provider, Kelowna, British Columbia
We purified the corporation so the shares met the qualifying tests. We aligned the reporting calendar with the sector’s own seasonal cycle rather than a generic year-end. All of it was done well ahead of the closing date.
The result — An IT managed-services provider, Kelowna, British Columbia
The sale closed on schedule with $755,000 sheltered by the lifetime capital gains exemption across the shareholders.
Reviewed by Udit Gupta, Founder and Tax Accountant for the 2025 tax year. These case studies are illustrative worked examples composed from the CRA rules that apply to this type of work, not specific client files; figures are representative and outcomes depend on your own facts.
