6 worked Timmins 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 Timmins and its provincial tax regime, not a specific client's file.
Case Study 1 · Scaling without breaking
Growth Handled Without A Missed Filing, $108,000 Freed — Optometry Practice, Timmins
Client: An optometry practice · Where: Timmins, Ontario · Engagement: 4 weeks, fixed fee
Cash freed$108,000
Compliance failuresNone
ReportingMonthly
The situation — An optometry practice, Timmins, Ontario
An optometry practice in Timmins, Ontario was opening in a second province — different filing obligations, a different payroll regime, and 13% HST charged on every sale regardless of where the customer was located already in the file.
What we did for An optometry practice, Timmins, Ontario
We recalculated the corporate tax at the 12.2% combined small business rate and rebased the instalments on the current year and put monthly reporting in place so the owner could see the cash effect of growth while there was still time to act on it.
The result — An optometry practice, Timmins, Ontario
Growth was absorbed without a compliance failure. $108,000 of cash was released, and the monthly reporting now flags a problem while it is still small.
Case Study 2 · Structure rebuilt
Corporate Structure Rebuilt For $51,000 Of Annual Savings — Cybersecurity Firm, Timmins
The situation — A cybersecurity firm, Timmins, Ontario
The structure at a cybersecurity firm in Timmins, Ontario had been set up years earlier for a business that no longer existed, and instalments still calculated on a year the business had long outgrown had become expensive.
What we did for A cybersecurity firm, Timmins, Ontario
We rebuilt the sales ledger by customer location, applied the correct place-of-supply rate to each stream, and filed the adjusted HST returns. The reorganisation used the rollover provisions rather than a taxable transfer, so no tax fell due on the restructuring itself.
The result — A cybersecurity firm, Timmins, Ontario
$51,000 of annual saving, achieved on a tax-deferred basis. The minute book, elections and valuations are all in the file.
Case Study 3 · Planning that cut the bill
$67,000 Saved By Correcting What Prior Filings Had Missed — Textile Manufacturer, Timmins
The situation — A textile manufacturer, Timmins, Ontario
A textile manufacturer in Timmins, Ontario asked for a second opinion on its on tax and accounting file after three years of rising tax. The review found sector-specific exposure the previous accountant had not seen before.
What we did for A textile manufacturer, Timmins, Ontario
We built the comparison first — current structure against two alternatives — and then assessed and claimed Ontario Made Manufacturing Investment Tax Credit alongside the federal return.
The result — A textile manufacturer, Timmins, Ontario
First-year saving of $67,000, with the same benefit recurring. Every position taken is documented and supported in the file.
Case Study 4 · Backlog brought current
Collections Halted And $123,000 Cut From A 6-Year Backlog — Plastics Moulder, Timmins
The situation — A plastics moulder, Timmins, Ontario
By the time a plastics moulder in Timmins, Ontario called, 6 years were outstanding and the CRA had assessed on estimates. Underneath it sat a provincial payroll levy that had never been registered for or remitted.
What we did for A plastics moulder, Timmins, Ontario
We reconstructed the records year by year and assessed and claimed Ontario Innovation Tax Credit alongside the federal return. Each filing replaced an arbitrary assessment with a real one.
The result — A plastics moulder, Timmins, Ontario
The account is current. Filing on real numbers rather than CRA estimates reduced the balance by $123,000, and a relief application addressed part of the accumulated interest.
Case Study 5 · Cash and remittance control
Instalments Rebased, $140,000 Of Cash Returned To The Business — Marketing Agency, Timmins
The situation — A marketing agency, Timmins, Ontario
A marketing agency in Timmins, Ontario was paying instalments calculated on a prior year that no longer reflected the business. Out-of-province sales billed at the ON rate instead of the customer’s was tying up $140,000 of cash.
What we did for A marketing agency, Timmins, Ontario
We rebased the instalments on the current-year estimate rather than the prior-year default, and registered the provincial payroll account, caught up the outstanding remittances, and applied for relief on the penalty.
The result — A marketing agency, Timmins, Ontario
$140,000 of cash stayed in the business, the penalty cycle ended, and the instalment position is reviewed each quarter against actual results.
Case Study 6 · Sale and succession
$575,000 Sheltered By The Lifetime Capital Gains Exemption — Benefits Consultancy, Timmins
The situation — A benefits consultancy, Timmins, Ontario
A benefits consultancy in Timmins, Ontario had an offer on the table and 10 months to close. The shares did not qualify for the capital gains exemption, and passive assets sitting inside the operating company, disqualifying the shares was part of the reason.
What we did for A benefits consultancy, Timmins, Ontario
We purified the corporation so the shares met the qualifying tests, then recalculated the corporate tax at the 12.2% combined small business rate and rebased the instalments on the current year well ahead of the closing date.
The result — A benefits consultancy, Timmins, Ontario
The sale closed on schedule with $575,000 sheltered by the lifetime capital gains exemption across the shareholders.
Reviewed for the 2025 tax year by Udit Gupta, Founder and Tax Accountant. 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.
