Do you need an accountant for your self assessment tax return?
Generally in Canada, if you are self-employed you don’t have your tax deducted at the source, therefore a tax return on your self-employed income must be submitted to CRA so that you can be taxed correctly on your earnings. It is important to submit your self assessment tax return to CRA on time and avoid heavy penalties.
Choosing us for your self assessment tax return means you get:
- Self-assessment specialist accountant
- Tax return completed and submitted on your behalf
- Seamless process saving you time and money
- Gives you extra peace of mind
BENEFITS OF GETTING A TAX ACCOUNT TO DO YOUR TAX RETURN
Tax laws are incredibly complex and always changing. Not only is your personal tax situation likely different but the laws that govern how much tax you owe probably are too. We offer a dedicated self-assessment tax return service that will handle the entire process for you.
The CRA penalties for late-filing or inaccuracies that we help you avoid:
- The late-filing penalty is 5% of your balance owing, plus an additional 1% for each full month
- The CRA will assess interest on balance owing
- Failure to report income of $500 or more penalty: 10% of the amount you failed to report
- Omissions penalty: $100 or 50% of the omitted amount whichever amount is more.
Why Choose us for your self assessment tax return:
SEAMLESS AND STRESS FREE PROCESS:
CLAIMING EVERYTHING YOU’RE ENTITLED TO CLAIM:
SEAMLESS AND STRESS FREE PROCESS:
By using professionals you know that your tax calculations will be correct and accurate. We will also guide you through the whole process and deal with CRA on your behalf.
LOWER RISK OF CRA AUDITS:
CLAIMING EVERYTHING YOU’RE ENTITLED TO CLAIM:
SEAMLESS AND STRESS FREE PROCESS:
You are less likely to be audited by CRA if you use our tax advisor. CRA have ways of knowing if figures are likely to be incorrect. We help you to file your tax return correctly without any common triggers for a tax investigation.
MORE TIME TO FOCUS ON YOUR BUSINESS:
CLAIMING EVERYTHING YOU’RE ENTITLED TO CLAIM:
CLAIMING EVERYTHING YOU’RE ENTITLED TO CLAIM:
Generally, it will take you much longer to complete your personal tax return than it would for an accountant. Let us take care of your tax filing needs while you focus on your passion which is growing your business.
CLAIMING EVERYTHING YOU’RE ENTITLED TO CLAIM:
CLAIMING EVERYTHING YOU’RE ENTITLED TO CLAIM:
CLAIMING EVERYTHING YOU’RE ENTITLED TO CLAIM:
We make sure that when we take on a client we work through areas where the tax owed can be reduced. Such as under-declared home office expenses, hiring your spouse or child, and other expenses that can be claimed.
HOW OUR TAX PREPARATION SERVICES WORK
1. Intake Form
Download and complete our Personal or Business Intake form with relevant Worksheets and email them to us.
2. CRA Authorization
We will send you an authorization form that allows us to access your CRA account and past tax information.
3. Tax Documents
4. Review and Sign Tax Return
Following the CRA Authorization, you will send us all tax-related documents that we will use to process your return, in addition to the information provided in the Intake Forms and Worksheets
4. Review and Sign Tax Return
4. Review and Sign Tax Return
4. Review and Sign Tax Return
We will send you a secure link for you to review and sign a copy of your return.
5.All Done!
4. Review and Sign Tax Return
5.All Done!
Once approved, we will process your return within 5 business days.