6 worked Greenwood 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 Greenwood and its provincial tax regime, not a specific client's file.
Case Study 1 · Records and systems rebuilt
Books Rebuilt From Source, $7,600 In Unclaimed Input Tax Found — Craft Brewery, Greenwood
Client: A craft brewery with a taproom · Where: Greenwood, British Columbia · Engagement: 10 weeks, fixed fee
Unclaimed tax found$7,600
Records rebuilt28 months
ProcessDocumented
The situation — A craft brewery with a taproom, Greenwood, British Columbia
A craft brewery with a taproom in Greenwood, British Columbia could not answer basic questions about its own numbers. Instalments still calculated on a year the business had long outgrown sat between the bank statements and the ledger.
What we did for A craft brewery with a taproom, Greenwood, British Columbia
We separated the federal GST and BC provincial sales tax streams, reconciled both to the sales ledger, and filed the corrected provincial returns. We then documented the process so the work does not depend on any one person remembering how it was done.
The result — A craft brewery with a taproom, Greenwood, British Columbia
Records rebuilt and reconciled, $7,600 recovered in input tax credits that the old file could not support, and a documented monthly process now in place.
Case Study 2 · Planning that cut the bill
$43,000 Cut From The Annual Tax Bill — Land Development Company, Greenwood
Client: A land development company · Where: Greenwood, British Columbia · Engagement: 7 weeks, fixed fee
First-year saving$43,000
RepeatsAnnually
Filing positionUnchanged in risk
The situation — A land development company, Greenwood, British Columbia
A land development company in Greenwood, British Columbia was compliant but paying more than it needed to. The prior year had been filed correctly. It still left a provincial payroll levy that had never been registered for or remitted on the table.
What we did for A land development company, Greenwood, British Columbia
We modelled the current position against the alternatives before changing anything. Then we assessed and claimed BC Small Business Venture Capital Tax Credit alongside the federal return.
The result — A land development company, Greenwood, British Columbia
The change saved $43,000 in the first year and repeats annually. Nothing about the filings became more aggressive. The position is simply the one the rules already allowed.
Client: A small hotel where corporate guests book by the month · Where: Greenwood, British Columbia · Engagement: 4 weeks, fixed fee
Proposed tax cleared$104,000
Review duration4 weeks
OutcomeNo change
The situation — A small hotel where corporate guests book by the month, Greenwood, British Columbia
A small hotel where corporate guests book by the month in Greenwood, British Columbia was selected for review. Provincial sales tax collected but never remitted on the separate BC return had shown up in the CRA's automated matching. The proposed adjustment on its BC tax and accounting file came to $104,000.
What we did for A small hotel where corporate guests book by the month, Greenwood, British Columbia
We recalculated the corporate tax at the 11% combined small business rate and rebased the instalments on the current year. Every figure in the response traced to a source record the auditor could verify without asking a second question.
The result — A small hotel where corporate guests book by the month, Greenwood, British Columbia
The review closed with no change. $104,000 of proposed tax came off the table, and the documentation now in place makes the next review a short one.
Case Study 4 · Sale and succession
Intergenerational Transfer Completed With $475,000 Deferred — Recreation Facility Operator, Greenwood
Client: A recreation facility operator · Where: Greenwood, British Columbia · Engagement: 8 weeks, fixed fee
Tax deferred$475,000
TransferCompleted
RecordsReview-ready
The situation — A recreation facility operator, Greenwood, British Columbia
A generational transfer at a recreation facility operator in Greenwood, British Columbia had been discussed for years without a plan. Retained cash well above what the business needed to operate meant the transfer as contemplated would have been fully taxable.
What we did for A recreation facility operator, Greenwood, British Columbia
We assessed and claimed BC Scientific Research and Experimental Development Tax Credit alongside the federal return. We sequenced the steps so each one was complete and documented before the next depended on it.
The result — A recreation facility operator, Greenwood, British Columbia
$475,000 of tax was deferred through the transfer, and the successor generation took over a corporation whose records stood up to review.
Case Study 5 · Structure rebuilt
Corporate Structure Rebuilt For $44,000 Of Annual Savings — Seasonal Cottage Host, Greenwood
Client: A cottage owner renting through a booking platform in season · Where: Greenwood, British Columbia · Engagement: 11 weeks, fixed fee
Saving per year$44,000
DocumentationComplete
Transfer basisRollover
The situation — A cottage owner renting through a booking platform in season, Greenwood, British Columbia
The structure at a cottage owner renting through a booking platform in season in Greenwood, British Columbia dated from years earlier. It had been set up for a business that no longer existed. Input tax credits claimed against BC provincial tax, which is not recoverable the way GST is had become expensive.
What we did for A cottage owner renting through a booking platform in season, Greenwood, British Columbia
We registered the provincial payroll account, caught up the outstanding remittances, and applied for relief on the penalty. The reorganisation used the rollover provisions rather than a taxable transfer, so no tax fell due on the restructuring itself.
The result — A cottage owner renting through a booking platform in season, Greenwood, British Columbia
$44,000 of annual saving, achieved on a tax-deferred basis. The minute book, elections and valuations are all in the file.
Case Study 6 · Deadline rescue
8-Week Turnaround Beat The Deadline And Saved $60,000 — Theatre Company, Greenwood
Client: A theatre company · Where: Greenwood, British Columbia · Engagement: 8 weeks, fixed fee
Late-filing penalty avoided$60,000
Filed with16 days to spare
Next yearPapers ready
The situation — A theatre company, Greenwood, British Columbia
A theatre company in Greenwood, British Columbia was weeks away from the deadline for its BC tax and accounting file. Behind that sat instalments still calculated on a year the business had long outgrown. The exposure if the date slipped was around $60,000.
What we did for A theatre company, Greenwood, British Columbia
We separated the federal GST and BC provincial sales tax streams, reconciled both to the sales ledger, and filed the corrected provincial returns. The filing went in complete rather than provisional, so there was no amended return to follow.
The result — A theatre company, Greenwood, British Columbia
Filed with 16 days to spare. $60,000 in late-filing penalties avoided, and the working papers are ready for the following year.
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.
