Case Study 1
$735,000 Sheltered By The Lifetime Capital Gains Exemption — Two-Location Bistro, Williams Lake
A two-location bistro in Williams Lake, British Columbia was preparing to sell, but no valuation on file to support the price the parties had agreed disqualified the shares. Purification sheltered $735,000 under the exemption.
A two-location bistro in Williams Lake, British Columbia had an offer on the table and 30 months to close. The shares did not qualify for the capital gains exemption, and no valuation on file to support the price the parties had agreed was part of the reason. We purified the corporation so the shares met the qualifying tests, then registered the provincial payroll account, caught up the outstanding remittances, and applied for relief on the penalty well ahead of the closing date. The sale closed on schedule with $735,000 sheltered by the lifetime capital gains exemption across the shareholders.
Case Study 2
Growth Handled Without A Missed Filing, $100,000 Freed — Cybersecurity Firm, Williams Lake
Scaling exposed a provincial payroll levy that had never been registered for or remitted at a cybersecurity firm in Williams Lake, British Columbia. The back office was rebuilt to match, freeing $100,000.
A cybersecurity firm in Williams Lake, British Columbia was opening in a second province — different filing obligations, a different payroll regime, and a provincial payroll levy that had never been registered for or remitted already in the file. We assessed and claimed BC Small Business Venture Capital Tax Credit alongside the federal return 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. Growth was absorbed without a compliance failure. $100,000 of cash was released, and the monthly reporting now flags a problem while it is still small.
Case Study 3
Month-End Close Cut From 7 Weeks To 7 Days — IT Managed-Services Provider, Williams Lake
Closing the books at an IT managed-services provider in Williams Lake, British Columbia took 7 weeks because of sector-specific exposure the previous accountant had not seen before. It now takes 7 days.
The accounting file at an IT managed-services provider in Williams Lake, British Columbia was built on sector-specific exposure the previous accountant had not seen before. The year-end had taken 7 weeks each of the last three years. We assessed and claimed BC Scientific Research and Experimental Development 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 7 days instead of 7 weeks, and the year-end is a review rather than a reconstruction.
Case Study 4
Holding Structure Added, $49,000 Saved Annually — Mortgage Brokerage, Williams Lake
A mortgage brokerage in Williams Lake, British Columbia needed a holding structure to deal with instalments still calculated on a year the business had long outgrown. The reorganisation was tax-neutral and removed $49,000 of annual exposure.
A mortgage brokerage in Williams Lake, British Columbia was carrying instalments still calculated on a year the business had long outgrown, 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 separated the federal GST and BC provincial sales tax streams, reconciled both to the sales ledger, and filed the corrected provincial returns and prepared the elections, resolutions and valuations the structure needed to stand up. The structure now matches the business. Annual saving of $49,000, and the reorganisation itself was tax-neutral.
Case Study 5
$93,000 Credit Claim Filed And Accepted Without Adjustment — Short-Term Rental Operator, Williams Lake
A short-term rental operator in Williams Lake, British Columbia had never tested its work against the eligibility rules. The resulting $93,000 claim was accepted without adjustment.
A short-term rental operator in Williams Lake, British Columbia assumed the credits did not apply to a business its size. BC Small Business Venture Capital Tax Credit eligibility that had never been assessed meant they had applied all along. We identified the qualifying activity, built the documentation to support it, and recalculated the corporate tax at the 11% combined small business rate and rebased the instalments on the current year. $93,000 recovered. Because the eligibility analysis is on file, the same claim can be repeated each year with a fraction of the effort.
Case Study 6
$15,500 Cut From The Annual Tax Bill — Residential Rental Portfolio, Williams Lake
A residential rental portfolio in Williams Lake, British Columbia was filing correctly and still overpaying because of input tax credits claimed against BC provincial tax, which is not recoverable the way GST is. Restructuring the position cut $15,500 from the annual bill.
A residential rental portfolio in Williams Lake, British Columbia was compliant but paying more than it needed to. The prior year had been filed correctly and still left input tax credits claimed against BC provincial tax, which is not recoverable the way GST is on the table. We modelled the current position against the alternatives before changing anything, then registered the provincial payroll account, caught up the outstanding remittances, and applied for relief on the penalty. The change saved $15,500 in the first year and repeats annually. Nothing about the filings became more aggressive; the position is simply the one the rules already allowed.