Case Study 1
$18,000 Cut From The Annual Tax Bill — Film Production Services Company, Armstrong
A film production services company in Armstrong, British Columbia was filing correctly and still overpaying because of sector-specific exposure the previous accountant had not seen before. Restructuring the position cut $18,000 from the annual bill.
A film production services company in Armstrong, British Columbia was compliant but paying more than it needed to. The prior year had been filed correctly and still left sector-specific exposure the previous accountant had not seen before on the table. We modelled the current position against the alternatives before changing anything, then assessed and claimed BC Scientific Research and Experimental Development Tax Credit alongside the federal return. The change saved $18,000 in the first year and repeats annually. Nothing about the filings became more aggressive; the position is simply the one the rules already allowed.
Case Study 2
Instalments Rebased, $35,500 Of Cash Returned To The Business — Data Analytics Consultancy, Armstrong
A data analytics consultancy in Armstrong, British Columbia was overpaying instalments because of provincial sales tax collected but never remitted on the separate BC return. Rebasing them returned $35,500 to the business.
A data analytics consultancy in Armstrong, British Columbia was paying instalments calculated on a prior year that no longer reflected the business. Provincial sales tax collected but never remitted on the separate BC return was tying up $35,500 of cash. We rebased the instalments on the current-year estimate rather than the prior-year default, and recalculated the corporate tax at the 11% combined small business rate and rebased the instalments on the current year. $35,500 of cash stayed in the business, the penalty cycle ended, and the instalment position is reviewed each quarter against actual results.
Case Study 3
Month-End Close Cut From 12 Weeks To 6 Days — Sports Academy, Armstrong
Closing the books at a sports academy in Armstrong, British Columbia took 12 weeks because of a provincial payroll levy that had never been registered for or remitted. It now takes 6 days.
The accounting file at a sports academy in Armstrong, British Columbia was built on a provincial payroll levy that had never been registered for or remitted. The year-end had taken 12 weeks each of the last three years. We assessed and claimed BC Small Business Venture Capital Tax Credit alongside the federal return and moved the reconciliations into the monthly cycle, so the year-end stopped being a rebuild. The file reconciles. Month-end closes in 6 days instead of 12 weeks, and the year-end is a review rather than a reconstruction.
Case Study 4
Filed On Time From A Standing Start, $64,000 Penalty Avoided — Mortgage Brokerage, Armstrong
A mortgage brokerage in Armstrong, British Columbia was 11 weeks from a deadline while carrying instalments still calculated on a year the business had long outgrown. Filing complete and on time avoided roughly $64,000 in penalties.
A mortgage brokerage in Armstrong, British Columbia came to us 11 weeks before its filing deadline with instalments still calculated on a year the business had long outgrown. A late filing would have triggered a penalty of roughly $64,000 before interest. We worked backwards from the deadline. We separated the federal GST and BC provincial sales tax streams, reconciled both to the sales ledger, and filed the corrected provincial returns, prioritising the items that actually gated the filing and deferring everything that did not. The return was filed on time and complete. The $64,000 penalty never arose, and the compliance calendar we set means the next deadline is scheduled rather than discovered.
Case Study 5
Desk-Review Assessment Of $16,500 Vacated — Food Truck Operator, Armstrong
A desk review assessed a food truck operator in Armstrong, British Columbia $16,500 over input tax credits claimed against BC provincial tax, which is not recoverable the way GST is. Producing the records vacated it.
A food truck operator in Armstrong, British Columbia was carrying $16,500 of penalties and interest arising from input tax credits claimed against BC provincial tax, which is not recoverable the way GST is, much of it accumulated during a period the CRA itself had delayed. We registered the provincial payroll account, caught up the outstanding remittances, and applied for relief on the penalty and framed the relief application on the specific grounds the CRA guidelines recognise rather than on general hardship. The assessment was vacated. $16,500 came off the account, and the documentation now on file makes the same position straightforward to defend next time.
Case Study 6
Holding Structure Added, $25,500 Saved Annually — Real Estate Brokerage, Armstrong
A real estate brokerage in Armstrong, British Columbia needed a holding structure to deal with sector-specific exposure the previous accountant had not seen before. The reorganisation was tax-neutral and removed $25,500 of annual exposure.
A real estate brokerage in Armstrong, British Columbia was carrying sector-specific exposure the previous accountant had not seen before, and every option for fixing it ran through a reorganisation that had to be done without triggering tax. Working with the client's lawyer, we assessed and claimed BC Scientific Research and Experimental Development Tax Credit alongside the federal return and prepared the elections, resolutions and valuations the structure needed to stand up. The structure now matches the business. Annual saving of $25,500, and the reorganisation itself was tax-neutral.