Accountant in Toronto

T2 corporate income tax returns filed on time every year — combined with year-round planning that reduces what you owe. Ontario’s 12.2% small business rate on the first $500,000 of active income is protected through proactive deduction planning, salary/dividend optimization, CCA scheduling, and SR&ED claims for qualifying businesses.

• T2 corporate income tax return — filed within your 6-month deadline
• Salary vs. dividend optimization for incorporated owners
• Small business deduction — protecting the 12.2% Ontario rate
• SR&ED refundable tax credits — 35% for qualifying CCPCs
• CCA planning — Accelerated Investment Incentive on new equipment

→ Tax Services  ·  Year-End Packages from $1,575

Clean, current books every month. Bank feeds connected to all major Canadian banks, receipts captured via Hubdoc, HST tracked automatically, and monthly Profit & Loss and Balance Sheet delivered within the first week of each month. Year-end is always a straightforward filing — never a scramble.

• Daily bank transaction imports — no manual data entry
• Monthly bank and credit card reconciliation
• HST/GST tracking and filing on time, every period
• Accounts receivable and payable management
• Monthly P&L and Balance Sheet within the first week of each month

→ Monthly Bookkeeping Packages from $998/month  ·  Xero Partner

Strategic financial leadership without the cost of a full-time CFO. Cash flow forecasting, budgeting, variance analysis, and scenario modelling — grounded in your actual current numbers. Know what is coming before it arrives.

• 13-week rolling cash flow forecasting
• Annual budgeting and monthly variance analysis
• Scenario modelling for major business decisions
• Quarterly business reviews with your CPA
• Investor-ready financial statements and reporting

→ Business Advisory & Virtual CFO Services

Cash flow surprises are almost always preventable with the right visibility. Bronte Bay tracks your accounts receivable aging, payable schedules, tax instalments, and seasonal patterns — so you always know what is coming before it arrives.

• Weekly aged receivables and payables reports
• Tax instalment planning — no surprise April bills
• Automated client collections via Rotessa pre-authorized debits
• Supplier payments via Plooto — scheduled, approved, reconciled

Cloud accounting provides a complete, timestamped audit trail for every transaction. Role-based access controls, payment approval workflows, and real-time anomaly detection make unauthorized transactions significantly harder to execute — and much faster to detect.

• Every transaction timestamped and attributed to a specific user
• Payment approval tiers — no single person initiates and releases payments
• Duplicate payment detection and unusual vendor flagging
• Monthly reconciliation catches discrepancies before they compound

Bronte Bay charges a fixed monthly or annual fee — you know exactly what you pay before we start. No hourly billing. No extra charges when you ask a question between filing deadlines. One predictable cost covers your entire accounting engagement.

• Monthly bookkeeping from $998/month
• Year-end corporate tax (T2) from $1,575/year
• All-inclusive packages from $1,153/month — bookkeeping + tax + compilation

→ Year-End Packages  ·  Monthly Bookkeeping  ·  All-Inclusive Packages

With bank feeds connected and transactions categorized automatically in Xero, your financial position is always current — not three weeks behind. Check your Profit & Loss on your phone. See your HST balance before filing. Know which clients owe you money without calling anyone.

Business owners who know their numbers make better decisions about hiring, marketing, pricing, and growth. Those who do not are flying blind.

The CRA charges 3%–10% penalties for late HST remittances plus compound daily interest. Bronte Bay tracks HST collected and input tax credits throughout each period — and files your return on time, every period. No missed deadlines. No surprise balances owing.

• HST registration advice — voluntary vs. mandatory, optimal timing
• ITC maximization — every eligible credit claimed
• Monthly, quarterly, or annual filing per your CRA frequency
• Industry-specific HST rules — medical, financial services, exports

Bronte Bay has deep experience across industries where accounting complexity is significantly above average — we know the specific rules that generic firms miss.

• Startups & new incorporations
• Self-employed & freelancers
• Restaurants & food service
• Real estate investors & landlords
• Mortgage brokers & agents
• Manufacturers & fabricators
• Law firms & legal professionals
• Import & export businesses
• Franchise owners & franchisors
• Medical clinics & healthcare professionals
• Consultants & independent contractors

From incorporation through growth and eventual exit, Bronte Bay provides strategic financial guidance that turns a business into a lasting asset. Business valuations, tax-efficient sale structuring, Lifetime Capital Gains Exemption (LCGE) planning, estate freezes, and family business transfer — all coordinated with your personal and corporate tax picture.

→ Business Advisory & Succession Planning