Short answer: Bronte Bay CPA is a boutique accounting firm in Toronto providing corporate tax, monthly bookkeeping, HST filing, payroll, and Virtual CFO services — all under one transparent fixed monthly fee. You work directly with a senior CPA who knows your file, responds within 24–48 hours, and plans your tax year-round. Nearly 40 years of Canadian CPA expertise, cloud-based workflow, and no hourly billing surprises.
Led by Subhash Sharma, CPA, CMA, MBA
Finding the right accountant in Toronto is not just about compliance — it is about finding a CPA who understands your business, plans proactively, and gives you the financial clarity to make better decisions. At Bronte Bay, that is exactly what we do.
You work directly with Subhash Sharma, CPA, CMA, MBA — not a junior bookkeeper working unsupervised. With nearly 40 years of Canadian and international CPA experience, Subhash has been helping Toronto businesses grow since founding Bronte Bay in 2007.
Accounting Services for Toronto 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.
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.
Learn more →Virtual CFO & Business Advisory
Cash flow forecasting, budgeting, scenario modelling, and quarterly business reviews — strategic financial leadership without a full-time CFO.
Learn more →HST/GST Filing
Xero tracks HST collected and ITCs automatically. Returns filed on time every period — no 3%–10% late remittance penalties.
Learn more →Payroll Processing
CPP, CPP2, EI, and income tax calculated at 2026 CRA rates via Wagepoint. T4s, ROEs, and CRA remittances handled automatically.
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.
Learn more →Corporate Tax Planning & Filing
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 · View Year-End Packages
Monthly Bookkeeping — Cloud-Based on Xero
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
→ View Monthly Bookkeeping Packages · Xero Partner
Virtual CFO & Business Advisory
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 Management
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 CRA bills
- Automated client collections via Rotessa pre-authorized debits
- Supplier payments via Plooto — scheduled, approved, reconciled
Internal Controls & Fraud Prevention
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
Why Toronto Businesses Choose Bronte Bay CPA
Senior CPA on Every File
You work directly with Subhash Sharma, CPA, CMA, MBA — not a junior bookkeeper. Professional oversight on every file, every month.
Fixed Transparent Pricing
No hourly billing. No surprise year-end invoices. You know exactly what you pay before we start — one predictable monthly or annual fee.
Certified Xero Partner
Every client runs on Xero — real-time financial visibility, Canadian bank feeds connected, HST tracked automatically.
24–48 Hour Response Time
Questions answered quickly. You are never left waiting weeks for a callback or chasing your accountant for an update.
Year-Round Tax Planning
Not just year-end filing. Salary/dividend optimization, CCA planning, and CRA compliance managed proactively all year.
Fully Cloud-Based
No in-person meetings required. Serving Toronto and all of Canada remotely through a secure cloud accounting workflow.
Transparent Fixed Pricing for Toronto Businesses
No hourly billing. No surprise year-end invoices. One fixed monthly or annual fee covers your entire accounting engagement.
| 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 Toronto
Areas We Serve Across Toronto and the GTA
Bronte Bay is fully cloud-based — serving incorporated businesses across Toronto and the broader GTA without requiring in-person meetings.
Toronto
- North York
- Scarborough
- Etobicoke
- East York
- Downtown Toronto
- Midtown Toronto
Inner GTA
- Mississauga
- Brampton
- Vaughan
- Markham
- Richmond Hill
- Oakville
Outer GTA & Canada
- Thornhill
- Burlington
- Pickering
- Ajax
- Vancouver, BC
- All of Canada
Powered by the Best Cloud Accounting Tools
Xero
Core accounting, Canadian bank feeds, invoicing, HST, real-time reporting — from any device.
Learn more →Hubdoc
Receipt capture by phone photo, email, or auto-fetch from 200+ Canadian suppliers. Zero manual entry.
Learn more →Plooto
Supplier payments via EFT or cheque, approved in Xero, auto-reconciled when they clear.
Learn more →Rotessa
Pre-authorized debit — collect from recurring clients automatically on invoice due dates.
Learn more →Wagepoint
Canadian payroll — CPP, EI, CRA remittances, T4s, ROEs. Journal entries post to Xero automatically.
Learn more →Our Toronto Office
5000 Yonge Street, Suite 1901
North York, ON M2N 7E9
+1 (416) 439-4648
Frequently Asked Questions
Work with a Toronto CPA Who Actually Knows Your Business
Book a consultation — no obligation, no pressure — and see exactly how Bronte Bay works and what it costs. Most new clients are onboarded within one week of their initial consultation.
Book a Consultation Complete Our QuestionnaireRelated pages: Accountant in North York · Corporate Tax Toronto · Bookkeeping Services Toronto · Tax Services · About Bronte Bay