6 worked Thompson 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 Thompson and its provincial tax regime, not a specific client's file.
Case Study 1 · Records and systems rebuilt
10 Months Reconciled And $14,000 Of Input Tax Recovered — Greenhouse Grower, Thompson
The situation — A greenhouse grower, Thompson, Manitoba
Nothing reconciled at a greenhouse grower in Thompson, Manitoba. Every filing started with 10 months of cleanup. The file was carrying sector-specific exposure the previous accountant had not seen before.
What we did for A greenhouse grower, Thompson, Manitoba
We rebuilt from source rather than correcting on top of the existing file. We assessed and claimed Manitoba Manufacturing Investment Tax Credit alongside the federal return. Then we set the routine that keeps it clean.
The result — A greenhouse grower, Thompson, Manitoba
10 months reconciled to the bank. The close now takes 7 days, and $14,000 of previously unclaimable input tax was recovered in the process.
Case Study 2 · Sale and succession
$395,000 Sheltered By The Lifetime Capital Gains Exemption — Logistics Brokerage, Thompson
The situation — A logistics brokerage, Thompson, Manitoba
A logistics brokerage in Thompson, Manitoba had an offer on the table and 33 months to close. The shares did not qualify for the capital gains exemption. Retained cash well above what the business needed to operate was part of the reason.
What we did for A logistics brokerage, Thompson, Manitoba
We purified the corporation so the shares met the qualifying tests. We separated the federal GST and MB provincial sales tax streams, reconciled both to the sales ledger, and filed the corrected provincial returns. All of it was done well ahead of the closing date.
The result — A logistics brokerage, Thompson, Manitoba
The sale closed on schedule with $395,000 sheltered by the lifetime capital gains exemption across the shareholders.
The situation — An owner-operator trucking corporation, Thompson, Manitoba
Remittances at an owner-operator trucking corporation in Thompson, Manitoba were consistently late by a few days. That was enough to trigger penalties every quarter. Behind it sat provincial sales tax collected but never remitted on the separate MB return.
What we did for An owner-operator trucking corporation, Thompson, Manitoba
We recalculated the corporate tax at the 9% combined small business rate and rebased the instalments on the current year. Then we moved the remittance dates into a scheduled process rather than a monthly decision.
The result — An owner-operator trucking corporation, Thompson, Manitoba
Penalties stopped from the following remittance onwards, and $34,500 of overpaid instalments was refunded.
Case Study 4 · Backlog brought current
5 Years Filed, $108,000 Removed From The Assessed Balance — Furniture Manufacturer, Thompson
The situation — A furniture manufacturer, Thompson, Manitoba
A furniture manufacturer in Thompson, Manitoba had not filed for 5 years. The CRA had issued arbitrary assessments. The business was carrying input tax credits claimed against MB provincial tax, which is not recoverable the way GST is. That came on top of a growing interest balance.
What we did for A furniture manufacturer, Thompson, Manitoba
We started with the oldest year and worked forward so each year's closing balances fed the next. We registered the provincial payroll account, caught up the outstanding remittances, and applied for relief on the penalty. We filed the years in sequence rather than all at once.
The result — A furniture manufacturer, Thompson, Manitoba
Every year is now filed and assessed on actual figures. The notional assessments were vacated and $108,000 of the estimated balance came off, with a payment arrangement covering the rest.
Case Study 5 · Planning that cut the bill
$39,000 Saved By Correcting What Prior Filings Had Missed — Cattle Ranch, Thompson
The situation — A cattle ranch, Thompson, Manitoba
A cattle ranch in Thompson, Manitoba asked for a second opinion on its MB tax and accounting file. That followed three years of rising tax. The review found a provincial payroll levy that had never been registered for or remitted.
What we did for A cattle ranch, Thompson, Manitoba
We built the comparison first: current structure against two alternatives. Then we assessed and claimed Manitoba Small Business Venture Capital Tax Credit alongside the federal return.
The result — A cattle ranch, Thompson, Manitoba
First-year saving of $39,000, with the same benefit recurring. Every position taken is documented and supported in the file.
Case Study 6 · Structure rebuilt
Corporate Structure Rebuilt For $24,500 Of Annual Savings — Oilfield Services Company, Thompson
Client: An oilfield services company · Where: Thompson, Manitoba · Engagement: 6 weeks, fixed fee
Saving per year$24,500
DocumentationComplete
Transfer basisRollover
The situation — An oilfield services company, Thompson, Manitoba
The structure at an oilfield services company in Thompson, Manitoba dated from years earlier. It had been set up for a business that no longer existed. Sector-specific exposure the previous accountant had not seen before had become expensive.
What we did for An oilfield services company, Thompson, Manitoba
We assessed and claimed Manitoba Manufacturing Investment Tax Credit alongside the federal return. The reorganisation used the rollover provisions rather than a taxable transfer, so no tax fell due on the restructuring itself.
The result — An oilfield services company, Thompson, Manitoba
$24,500 of annual saving, achieved on a tax-deferred basis. The minute book, elections and valuations are all in the file.
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.
