Case Study 1
Corporate Structure Rebuilt For $31,000 Of Annual Savings — Sports Academy, Merritt
The structure at a sports academy in Merritt, British Columbia no longer fitted the business, and a provincial payroll levy that had never been registered for or remitted showed it. Rebuilding it saves $31,000 a year.
The structure at a sports academy in Merritt, British Columbia had been set up years earlier for a business that no longer existed, and a provincial payroll levy that had never been registered for or remitted had become expensive. We assessed and claimed BC Small Business Venture Capital Tax Credit alongside the federal return. The reorganisation used the rollover provisions rather than a taxable transfer, so no tax fell due on the restructuring itself. $31,000 of annual saving, achieved on a tax-deferred basis. The minute book, elections and valuations are all in the file.
Case Study 2
20 Months Reconciled And $16,000 Of Input Tax Recovered — Data Analytics Consultancy, Merritt
20 months of records at a data analytics consultancy in Merritt, British Columbia had never been reconciled, leaving input tax credits claimed against BC provincial tax, which is not recoverable the way GST is. Rebuilding recovered $16,000.
A data analytics consultancy in Merritt, British Columbia was carrying input tax credits claimed against BC provincial tax, which is not recoverable the way GST is. Nothing reconciled, and every filing started with 20 months of cleanup. We rebuilt from source rather than correcting on top of the existing file. We registered the provincial payroll account, caught up the outstanding remittances, and applied for relief on the penalty, then set the routine that keeps it clean. 20 months reconciled to the bank. The close now takes 4 days, and $16,000 of previously unclaimable input tax was recovered in the process.
Case Study 3
Growth Handled Without A Missed Filing, $77,000 Freed — Film Production Services Company, Merritt
Scaling exposed provincial sales tax collected but never remitted on the separate BC return at a film production services company in Merritt, British Columbia. The back office was rebuilt to match, freeing $77,000.
A film production services company in Merritt, British Columbia was opening in a second province — different filing obligations, a different payroll regime, and provincial sales tax collected but never remitted on the separate BC return already in the file. We recalculated the corporate tax at the 11% combined small business rate and rebased the instalments on the current year 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. $77,000 of cash was released, and the monthly reporting now flags a problem while it is still small.
Case Study 4
Share Sale Restructured, $650,000 Less Tax On Closing — Two-Location Bistro, Merritt
Due diligence at a two-location bistro in Merritt, British Columbia surfaced no valuation on file to support the price the parties had agreed. Restructuring the sale saved $650,000 against the original terms.
A two-location bistro in Merritt, British Columbia was preparing to sell. Due diligence surfaced no valuation on file to support the price the parties had agreed, which would have reduced the price or killed the deal outright. We cleaned up the historical file, 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 due-diligence package the buyer's advisers actually asked for. The deal closed at the agreed price. $650,000 of tax was saved against the structure originally proposed, with no post-closing adjustment.
Case Study 5
Desk-Review Assessment Of $70,000 Vacated — Commercial Landlord, Merritt
A desk review assessed a commercial landlord in Merritt, British Columbia $70,000 over sector-specific exposure the previous accountant had not seen before. Producing the records vacated it.
A commercial landlord in Merritt, British Columbia was carrying $70,000 of penalties and interest arising from sector-specific exposure the previous accountant had not seen before, much of it accumulated during a period the CRA itself had delayed. We assessed and claimed BC Scientific Research and Experimental Development Tax Credit alongside the federal return and framed the relief application on the specific grounds the CRA guidelines recognise rather than on general hardship. The assessment was vacated. $70,000 came off the account, and the documentation now on file makes the same position straightforward to defend next time.
Case Study 6
Remittance Schedule Corrected, $113,000 Refunded — Fine-Dining Restaurant, Merritt
Remittances at a fine-dining restaurant in Merritt, British Columbia were chronically late because of a provincial payroll levy that had never been registered for or remitted. Fixing the schedule refunded $113,000.
Remittances at a fine-dining restaurant in Merritt, British Columbia were consistently late by a few days, which was enough to trigger penalties every quarter. Behind it sat a provincial payroll levy that had never been registered for or remitted. We assessed and claimed BC Small Business Venture Capital Tax Credit alongside the federal return, then moved the remittance dates into a scheduled process rather than a monthly decision. Penalties stopped from the following remittance onwards, and $113,000 of overpaid instalments was refunded.