Look, we get it - tax stuff isn't exactly thrilling. But we've put together some resources that'll actually help you stay on top of things without falling asleep at your desk.
Every year brings new tax changes, and honestly, 2025's been interesting. We're breaking down what small business owners in BC need to know - no jargon, just straight talk about deductions, credits, and those weird little rules that can save you money if you know about 'em.
Starting out and confused about when to charge GST vs HST? We've all been there. This guide walks you through the basics without making your head spin.
Learn moreQuick ballpark figure of what you'll owe come tax time. Plug in your numbers and get a rough estimate - helps avoid those nasty surprises later.
Calculate nowDon't leave money on the table. Common deductions that small businesses miss every year - some of these might surprise you (in a good way).
View checklistFigure out CPP, EI, and tax deductions for your employees. Takes the guesswork out of running payroll when you're doing it yourself.
Calculate nowWorking from home? You're probably entitled to claim something. Here's what you can deduct and how to calculate it properly - CRA's particular about this stuff.
Read guideTrack business mileage and calculate your deduction. Keep records that'll actually hold up if CRA comes knocking - trust us, it matters.
Start trackingDon't miss these - late fees aren't fun and they add up fast
Quarterly filers
Employee tax slips
T2 return due
CPP, EI, and income tax deductions
For payments made in previous month. Some businesses remit quarterly - check your remitter type with CRA.
Corporate income tax installments
If your tax owing was over $3,000 last year. Most small businesses don't need to worry about this one.
Free templates to keep your records organized - because nobody's got time for messy paperwork
Simple spreadsheet to track business expenses throughout the year. Makes tax time way less painful.
Download .XLSXProfessional invoice template with all the required GST/HST info. Looks good and keeps CRA happy.
Download .PDFTrack business mileage properly. CRA wants specific details - this template's got you covered.
Download .XLSXCategorized template for tracking receipts by type. Stop losing those little pieces of paper.
Download .DOCXMonthly cash flow tracking template. Helps you see where money's going and plan ahead better.
Download .XLSXDon't forget anything important at year-end. This checklist covers all the bases for small businesses.
Download .PDF