Bookkeeping, payroll, government remittances, accounts payable and receivable and year end for corporations in Courtenay and Campbell River.
Canadian corporations, small and large, need expert guidance when it comes to obligations and Trust us to lighten your load.
Our corporate services include:
- bookkeeping
- payroll
- government remittances
- accounts receivable and payable
- year end reporting
- and annual tax filing
Work smarter, not harder and let Ashcroft & Associates lighten your to-do list.
Our professionals can take on as much or as little help as you need, tailoring our services to match what fits your business best.
Bookkeeping
Corporations can benefit greatly from outsourcing their business’s bookkeeping. Be a pro and stick with what you know and trust us with the rest. Ashcroft & Associates offers these and many more services. Don’t see what you’re looking for? Contact us because we probably do it. Learn more about how Ashcroft & Associates can help your corporation with bookkeeping. Our bookkeeping services include:
Accounts Payable
- Record vendor invoices
- Make payments
- Schedule payments
- Prepare cheques
Accounts Receivable
- Invoice your customers
- Receive payments
- Make deposits
- Track delinquent accounts
Reports
Preparing:
- Profit and Loss statements
- Balance Sheet statements
- Necessary reports for year-end
- Assisting in year-end closing
Payroll
Payroll can be confusing and time-consuming. We can tailor our payroll services to fit your business needs. Let Ashcroft & Associates:
- Manage your payroll and maintain your payroll records
- Calculate the deductions
- Remit payroll
- Issue Record of Employment forms and end-of-year T4 slips
Read more about how Ashcroft & Associates can help your corporation with payroll.
Corporate Tax Filing and Year-End Preparation
Get back to what you’re good at and trust Ashcroft & Associates to take care of your corporate tax filing and year-end preparation.
- Compilation Engagement (Formerly Notice to Reader)
- Financial Statements
- Adjusting entries
- T2 – Corporate tax return
Government Remittances
We help our clients prepare tax and other remittances as required by CRA and various levels of government. We can customize our services to fit your filing period and required returns. These are a few of the remittances Ashcroft & Associates can help your corporation with:
- GST / HST returns
- PST returns
- CRA payroll remittance
- T4 and T4 summary preparation
- Corporate Installments
- Worker’s Compensation Board (WCB)
- Represent you in dealing with Canada Revenue
Working with a CRA Auditor
We can represent you and your business when working with a CRA auditor. Allowing us to represent you eliminates you from what may be a confusing and frustrating experience. By eliminating yourself from the loop and we can handle all of the tasks and legwork involved in a review and we’ll keep you abreast of with updates that are easy to understand.
Information for Home Builders
If you are a contractor or build new residential homes, these programs may benefit your clients:
GST/HST New Housing Rebate for new or substantially renovated homes
People who buy a new or substantially renovated home from a builder may qualify for a rebate of part of the GST or HST they pay on the purchase price. In some cases, you may apply on your client’s behalf, and then pay the rebate directly to them, or credit them (for example, by reducing the purchase price of the home). Please note that the application must be filed with your GST/HST return. See Guide RC4028, GST/HST New Housing Rebate for details.
Substantial renovation of a residential complex means the renovation or alteration of a building to such an extent that all or substantially all (90% or more) of the building that existed immediately before the renovation or alteration was begun, other than the foundation, external walls, interior supporting walls, floors, roof and staircases, has been removed or replaced where, after completion of the renovation or alteration, the building is, or forms part of, a residential complex.
GST/HST Rebate for New Residential Rental Property
People who buy eligible residential rental property may qualify for a rebate of part of the GST or HST they pay on the purchase price.
GST/HST New Housing Rebate for Owner-Built Homes
An “owner-built” home is one you build for someone on land they own. Your client may qualify for a rebate of part of the GST or HST paid on labour and materials, but they must apply for the rebate. You cannot apply for it on their behalf.
Home Buyers’ Plan (HBP)
Did you know that your client can withdraw up to $25,000 from his or her RRSP to buy a qualifying home under the Home Buyer’s Plan?
