Short answer: Bronte Bay CPA is a boutique accounting firm headquartered at 5000 Yonge Street, Suite 1901 — in the heart of North York’s Yonge and Sheppard business corridor. We provide bookkeeping, corporate tax, HST filing, payroll, and Virtual CFO services for incorporated businesses and professionals across North York and the GTA. Fixed pricing. CPA-led. Nearly 40 years of expertise.

Your North York CPA — Subhash Sharma, CPA, CMA, MBA
North York is one of the GTA’s most dynamic business districts — home to thousands of incorporated businesses, professional corporations, and growing owner-managed companies along the Yonge Street, Sheppard Avenue, and Leslie Street corridors. Bronte Bay CPA is headquartered right here, steps from the Sheppard-Yonge TTC station.
Led by Subhash Sharma, CPA, CMA, MBA with nearly 40 years of Canadian and international experience, we serve incorporated businesses and professionals across North York and the broader GTA through a fully cloud-based workflow on Xero. You work directly with a senior CPA — not a junior bookkeeper.
Accounting Services for North York Businesses
Corporate Tax Planning & Filing
T2 returns filed on time with year-round planning — salary/dividend optimization, SR&ED credits, CCA planning, small business deduction protection at 12.2%.
Learn more →Monthly Bookkeeping on Xero
Bank feeds connected, HST tracked automatically, monthly P&L and Balance Sheet delivered within the first week of each month. CPA-reviewed every month.
Learn more →Virtual CFO & Business Advisory
Cash flow forecasting, budgeting, scenario modelling, quarterly business reviews — strategic financial leadership without a full-time CFO cost.
Learn more →HST/GST Filing
Xero tracks HST collected and ITCs automatically throughout each period. Returns filed on time — no 3%–10% late remittance penalties.
Learn more →Payroll Processing
CPP, CPP2, EI, and income tax at 2026 CRA rates via Wagepoint. T4s, ROEs, and CRA remittances handled automatically after every pay run.
Learn more →CRA Audit Support
Bronte Bay handles CRA correspondence, audit representation, notices of objection, and voluntary disclosures — you don’t deal with the auditor directly.
Learn more →Corporate Tax Planning & Filing

Every Canadian corporation must file a T2 corporate income tax return within six months of its fiscal year-end. Bronte Bay prepares and files your T2 accurately and on time — with year-round tax planning that reduces what you owe. For North York businesses, our corporate tax service includes:
- T2 corporate income tax return preparation and electronic filing
- Financial statements — P&L, Balance Sheet, compilation engagement report
- Salary vs. dividend optimization — minimizing combined personal and corporate tax
- Small business deduction planning — protecting Ontario’s 12.2% rate year-round
- Capital Cost Allowance (CCA) planning on equipment and leasehold improvements
- SR&ED investment tax credit identification — 35% refundable for qualifying CCPCs
Monthly Bookkeeping — Cloud-Based on Xero

Every Bronte Bay client runs on Xero — bank feeds connected to all major Canadian financial institutions, receipts captured via Hubdoc, HST tracked in real time, and monthly Profit & Loss and Balance Sheet delivered within the first week of each month. All bookkeeping is reviewed by a licensed CPA monthly.
- Xero setup, configuration, and bank feed connection
- Hubdoc integration — receipts captured by phone photo or auto-fetched from suppliers
- Monthly bank and credit card reconciliation
- HST/GST tracked automatically — filed on time every period
- Monthly Profit & Loss, Balance Sheet, and Cash Flow Statement
- Payroll via Wagepoint — CPP, EI, CRA remittances, T4s, ROEs
→ View Monthly Bookkeeping Packages
Virtual CFO & Business Advisory

For North York businesses that need more than compliance — strategic financial leadership, cash flow forecasting, budgeting, and scenario modelling — Bronte Bay’s Virtual CFO service provides senior financial expertise without the cost of a full-time CFO.
- 13-week rolling cash flow forecasts — updated monthly
- Annual budget preparation and variance tracking
- Quarterly business reviews with your CPA
- Succession planning and estate freeze structuring
- Lifetime Capital Gains Exemption (LCGE) planning — up to ~$1.25M tax-free on qualifying shares
- Business grant identification and application support
→ View Virtual CFO & Business Advisory Services
Why North York Businesses Choose Bronte Bay CPA
Located in North York
5000 Yonge Street, Suite 1901 — steps from Sheppard-Yonge TTC. Serving North York businesses since 2007.
Senior CPA on Every File
You work directly with Subhash Sharma, CPA, CMA, MBA — not a junior bookkeeper working unsupervised.
Certified Xero Partner
Cloud-based, real-time financial visibility. Canadian bank feeds connected. HST tracked automatically.
Fixed Transparent Pricing
No hourly billing, no surprise invoices. You know exactly what you pay before we start.
24–48 Hour Response Time
Questions answered quickly. Never left waiting weeks for a callback or chasing your accountant.
Year-Round Tax Planning
Not just year-end filing. Salary/dividend optimization and CRA compliance managed proactively all year.
Fixed Pricing for North York Businesses
No hourly billing. No surprise year-end invoices. One fixed monthly or annual fee covers your entire accounting engagement. You know what you pay before we start.
| Package | What’s Included | Details |
|---|---|---|
| Monthly Bookkeeping | Xero bookkeeping, bank feeds, HST filing, payroll, monthly P&L and Balance Sheet — CPA-reviewed every month | View Packages → |
| Year-End Tax Package | T2 corporate income tax return, financial statements, CPA compilation engagement report (CSRS 4200) | View Packages → |
| All-Inclusive Package | Monthly bookkeeping + year-end corporate tax + compilation — everything under one fixed monthly fee | View Packages → |
Industries We Serve in North York
Serving All of North York and the GTA
Bronte Bay is fully cloud-based — serving incorporated businesses across all North York neighbourhoods and surrounding GTA communities.
North York
- Willowdale
- Newtonbrook
- Bayview Village
- York Mills
- Don Mills
- Bathurst Manor
Toronto & Inner GTA
- Lawrence Park
- Leaside
- Hoggs Hollow
- Downsview
- Scarborough
- Etobicoke
Outer GTA
- Richmond Hill
- Markham
- Vaughan
- Thornhill
- Mississauga
- All of Canada
Frequently Asked Questions
Work with a North York CPA Who Knows Your Business
Bronte Bay is headquartered in North York and has been serving incorporated businesses across the GTA since 2007. Book a consultation — no obligation, no pressure. Most new clients are onboarded within one week.
Book a Consultation Complete Our Questionnaire📍 5000 Yonge Street, Suite 1901, North York, ON M2N 7E9 · 📞 +1 (416) 439-4648 · ✉ info@brontebay.com
Related pages: Accountant in Toronto · Corporate Tax Toronto · Bookkeeping Services Toronto · Tax Services · About Bronte Bay