Accountant in Georgina, Ontario | Tax, Bookkeeping & Payroll

BOMCAS Canada provides virtual Canadian accounting, tax preparation, bookkeeping, and payroll services to clients in Georgina and across Ontario. Ontario uses HST, so businesses register once with CRA for combined GST/HST collection. Ontario also has the Employer Health Tax for employers above the exemption threshold.

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Georgina — accounting, tax and bookkeeping for a Ontario town

Georgina is a town in Ontario with a mixed economy supporting local businesses, trades, agriculture, and residents. BOMCAS Canada serves Georgina businesses and individuals through our virtual model — the same complete service we provide to clients in major Canadian cities.

BOMCAS Canada is headquartered in Edmonton, Alberta and delivers professional Canadian accounting, tax, bookkeeping, and payroll services virtually to clients across every Canadian province and territory — including Georgina. Through our encrypted client portal, video meetings, and direct CRA representation under your written authorization, we serve Georgina clients with the same complete service we deliver to clients in Toronto, Calgary, or Vancouver. There is no need to drive to a major centre to access specialized Canadian tax expertise.

Ontario tax framework that applies to Georgina clients

Georgina is in Ontario, and Ontario businesses and residents operate under a specific Canadian tax framework:

  • Sales tax: HST 13% (combined GST + Ontario portion, administered by CRA)
  • Small business corporate rate: 12.2% (9% federal + 3.2% Ontario) on the first $500,000 of active business income for Canadian-controlled private corporations
  • General corporate rate: 26.5%
  • Tax administration: the Canada Revenue Agency (HST is administered by CRA)
  • Workers' compensation: WSIB Ontario

Ontario uses HST, so businesses register once with CRA for combined GST/HST collection. Ontario also has the Employer Health Tax for employers above the exemption threshold. We handle the complete federal and Ontario-specific compliance for our Georgina clients.

Services we provide to clients in Georgina

Industries we serve in Georgina

BOMCAS Canada has dedicated experience across the Canadian industries most commonly represented in Ontario communities:

How Georgina clients work with BOMCAS Canada

The virtual service model is straightforward:

  1. Initial conversation. Call 780-667-5250 or submit the contact form. We respond within one business day to schedule a 15–30 minute discovery call by phone or video.
  2. Engagement letter. A written, fixed-fee engagement letter outlines exactly what is in scope and what you will pay. No hourly surprises.
  3. CRA authorization. You e-sign RC59 (business) or AUT-01 (individual) to authorize BOMCAS Canada to communicate with CRA on your behalf. From that point we handle all routine CRA contact.
  4. Secure document portal. You upload your documents to an encrypted client portal with multi-factor authentication. No emailing of sensitive financial documents.
  5. Ongoing delivery. Monthly bookkeeping, sales tax filings, payroll, and year-end financial statements plus T2 corporate tax are delivered on a predictable schedule. We respond to questions and CRA correspondence year-round.

Frequently asked questions from Georgina clients

Does BOMCAS Canada actually serve clients in Georgina?
Yes. BOMCAS Canada serves clients in Georgina and across Ontario virtually through our secure document portal, video meetings, and direct CRA representation under written authorization. The virtual model is the same complete service we provide to clients anywhere in Canada.
What sales tax applies to my business in Georgina?
Ontario uses HST 13% (combined GST + Ontario portion, administered by CRA). We handle registration, periodic returns, and CRA (and provincial authority where separate) compliance for Georgina businesses.
What is the corporate tax rate for a CCPC in Georgina?
For active business income up to $500,000, the combined federal-provincial rate is 12.2% (9% federal + 3.2% Ontario). Above $500,000, the general rate is 26.5%.
How do I get started with BOMCAS Canada from Georgina?
Call 780-667-5250 or submit the contact form. We respond within one business day and schedule a discovery conversation by phone or video. There is no obligation.

How Ontario's tax structure affects Georgina businesses and residents

Ontario uses the Harmonized Sales Tax (HST) at 13%, combining the 5% federal GST with an 8% provincial portion in a single tax administered entirely by the Canada Revenue Agency. This means Georgina businesses register once with CRA for combined GST/HST collection. The administrative simplicity (compared to BC, Saskatchewan, Manitoba, or Quebec, where separate provincial sales tax registrations are required) is one of Ontario's key advantages for multi-province businesses based in Georgina.

For incorporated Georgina businesses, Ontario's general corporate income tax rate is 11.5% and the small business rate is 3.2% on the first $500,000 of active business income. Combined with the federal rates, Georgina CCPCs pay 12.2% combined on small business income and 26.5% on general business income. Ontario uses the federal Tax Collection Agreement, so Georgina corporations file a single federal T2 covering both federal and provincial corporate tax.

Ontario Employer Health Tax for Georgina employers

Ontario Employer Health Tax (EHT) applies to Georgina employers with annual Ontario payroll above the exemption threshold (currently $1,000,000 for most private-sector employers; the exemption is phased out for the largest employers). Above the exemption, EHT rates range from 0.98% to 1.95% of Ontario payroll depending on payroll size. EHT is administered by the Ontario Ministry of Finance and remitted annually or in monthly/quarterly installments depending on size. We handle EHT registration, calculation, and remittance for Georgina employer clients.

WSIB Ontario for Georgina employers

The Workplace Safety and Insurance Board (WSIB) administers Ontario's workers' compensation system. Most Georgina employers must register with WSIB and pay premiums based on industry classification. Construction, manufacturing, trucking, and certain other industries carry significantly higher rates. We handle WSIB registration and remittance for Georgina employer clients.

Ontario-specific tax provisions for Georgina clients

  • Ontario Innovation Tax Credit. Refundable provincial credit on top of federal SR&ED for eligible R&D corporations.
  • Ontario Film and Television Tax Credit (OFTTC) and Ontario Production Services Tax Credit (OPSTC). Substantial labour-based credits for film and TV production.
  • Ontario Interactive Digital Media Tax Credit (OIDMTC). For interactive digital media products.
  • Ontario Computer Animation and Special Effects Tax Credit (OCASE).
  • Ontario Non-Resident Speculation Tax. 25% on certain residential real estate purchases by non-residents.
  • Ontario Co-operative Education Tax Credit. For qualifying co-op work placements.
  • Personal Real Estate Corporation (PREC) rules. Permitted under RECO and the Trust in Real Estate Services Act.

Year-end tax planning specific to Georgina

Year-end planning for Ontario businesses includes the standard Canadian elements plus Ontario-specific considerations: Ontario EHT exposure management; review of any OITC, OFTTC, OPSTC, OIDMTC, or OCASE credits accumulated during the year; Ontario property tax interactions with rental property; PREC compliance for realtor clients; multi-province sales tax review for Georgina businesses selling into BC, Saskatchewan, Manitoba, or Quebec; and Toronto Vacant Home Tax declaration for any Toronto residential property holdings (annual declaration required regardless of whether tax is owing).

Canadian tax compliance calendar that applies to Georgina clients

The Canadian tax compliance calendar is the same regardless of where you live in Canada, but several deadlines are commonly missed or misunderstood by Georgina businesses and individuals:

  • January 31. T4, T4A, and T5018 information returns due for the prior calendar year. Late filing penalties start at $100 and escalate quickly for larger employers.
  • February 28. T5 investment income slips due for the prior calendar year.
  • March 1 or March 2. RRSP, FHSA, and similar registered plan contribution deadline for the prior tax year (60 days into the new calendar year).
  • March 31. T3 trust return deadline (90 days after the trust's calendar year end).
  • April 30. T1 personal tax return deadline for most Canadians. Balance owing is due by this date regardless of whether the filing deadline is extended.
  • June 15. T1 deadline for self-employed individuals and their spouses (although any balance owing is still due April 30).
  • Six months after corporate year-end. T2 corporate income tax return filing deadline.
  • Two or three months after corporate year-end. T2 balance owing payment deadline (three months for CCPCs claiming the small business deduction throughout the year and meeting the taxable income threshold; two months otherwise).
  • Quarterly: March 15, June 15, September 15, December 15. Personal tax instalment due dates for taxpayers required to pay instalments.
  • Monthly or quarterly. CRA source deduction remittances and GST/HST remittances based on the assigned filing frequency.

What happens when CRA contacts Georgina clients

Canadian taxpayers commonly receive several types of CRA contact each year. Knowing what each one means helps Georgina businesses and individuals respond appropriately:

  • Notice of Assessment (NOA). Issued after CRA processes a return. The NOA states the assessed tax, refund or balance owing, and any adjustments CRA made. Review your NOA carefully against your filed return.
  • Notice of Reassessment. Issued when CRA changes a previously assessed return. You have 90 days from the date of a Notice of Reassessment to file a Notice of Objection if you disagree.
  • Pre-assessment review letter. A request for documentation about specific items on a return before CRA finalizes the assessment. Strict response deadlines.
  • Post-assessment review letter. Same documentation request, but after the NOA has been issued. Strict response deadlines.
  • Demand to file. A formal demand that you file a return that CRA believes is overdue. Failure to comply can lead to a Notional Assessment (CRA estimates your tax, almost always at a higher amount than actual).
  • Audit notice. The most serious form of CRA contact. Audits can be desk audits (by mail) or field audits (CRA officer reviews books in person or virtually).
  • Collections letter. Issued when there is an unpaid balance. CRA collections has significant powers including garnishment and asset seizure.

If you receive any form of CRA contact, contact us immediately. Do not call CRA back yourself and do not send documents without professional review.

How BOMCAS Canada handles CRA representation for Georgina clients

With your signed authorization on file (RC59 for businesses or AUT-01 for individuals), BOMCAS Canada can communicate with CRA on your behalf. This means: CRA calls about your file route to us; we can access your CRA My Account or My Business Account information; we respond to review letters, audit requests, and collections matters; we file Notices of Objection within the 90-day deadline if needed; we represent you in CRA audits virtually; and we coordinate with tax counsel for Tax Court of Canada appeals where required.

Common Canadian tax questions Georgina clients ask

Can I deduct my home office expenses?
Yes, if part of your home is used regularly and exclusively as a place of business OR is used on a regular and continuous basis for meeting clients, customers, or patients. The deductible portion is based on the square footage used for business divided by total square footage of the home. Expenses include heat, electricity, internet, home insurance, property tax (owners), rent (tenants), and maintenance. We optimize this calculation annually.
Can I deduct vehicle expenses?
Yes, based on business-use percentage supported by a contemporaneous kilometre log. Allowable expenses include fuel, insurance, registration, maintenance, repairs, lease payments (subject to CRA limits), interest on a vehicle loan (subject to CRA limits), and CCA on owned vehicles. The CRA limits for passenger vehicles cap the deductibility of luxury vehicles.
Do I have to pay tax instalments?
If you owed more than $3,000 of federal and provincial tax in either of the two preceding years ($1,800 for Quebec residents), CRA requires quarterly tax instalments due March 15, June 15, September 15, and December 15. We calculate the optimal instalment amount using the no-calculation, prior-year, or current-year method.
What is the difference between Canada Pension Plan (CPP) for self-employed vs employees?
Self-employed Canadians pay both the employee and employer portions of CPP — double the rate paid by employees. The combined cost can exceed $7,000 per year at the maximum pensionable earnings level. The contributions build retirement and disability benefit entitlement. We model the cost-benefit during incorporation decisions.
Should I incorporate my business?
Incorporation generally makes financial sense for businesses earning more than approximately $80,000 net annual income where the owner can retain meaningful earnings inside the corporation. The combined federal-provincial small business rate of 9%–12.2% (depending on province) creates substantial tax deferral compared to top personal marginal rates of 47%–53%. Personal Services Business (PSB) risk must be analyzed carefully before incorporation.
What records do I have to keep, and for how long?
CRA requires that you keep all books, records, and supporting documents for six years from the end of the last tax year they relate to. For corporations, the same rule applies. Records can be kept electronically. For certain items (acquisition of capital property, real estate, share transactions), longer retention is required.
What is the difference between current and capital expenses?
Current expenses are fully deductible in the year incurred — they restore the property to its existing state or relate to ordinary operations. Capital expenses are added to the asset's adjusted cost base and depreciated over multiple years through capital cost allowance (CCA). The distinction matters significantly for rental property, equipment, and renovations. We classify expenses correctly to avoid CRA reassessment.

Why working with BOMCAS Canada makes sense for Georgina

Georgina businesses and residents work with BOMCAS Canada for several reasons that may matter to you:

  • Fixed-fee transparency. Most engagements are quoted as a fixed monthly fee or fixed per-project fee, signed in writing before any work begins. No surprise hourly invoices for routine work.
  • One-business-day response standard. We staff to a one-business-day response standard for client emails and calls during normal business hours. No multi-day voicemail backlogs.
  • Year-round support. Most clients have unlimited email and phone support included in the engagement, not just during tax season.
  • Same accountant year over year. You are not transferred to a new junior every year. The same person who knows your file this year will still know it next year.
  • Secure virtual delivery. Encrypted client portal, e-signature, multi-factor authentication, and direct CRA representation under your written authorization. PIPEDA-compliant. No driving to a CPA office.
  • Canadian-only tax expertise. We do not do US-only tax, UK tax, or other foreign jurisdictions in isolation. Our cross-border work is always anchored by deep Canadian compliance. Every member of the team works exclusively on Canadian files.
  • Industry depth. We have specialized experience across trucking, real estate, medical professionals, contractors, restaurants, e-commerce, farms, nonprofits, and other Canadian industries.

Getting started — what Georgina clients can expect

A typical engagement with BOMCAS Canada begins with a phone call or contact form submission. We respond within one business day to schedule a 15–30 minute discovery conversation by phone or video. The discovery call covers your current tax situation, accounting history, prior accountant relationship (if any), pain points, and goals. There is no sales pitch and no obligation. If we are a fit, we provide a written engagement letter with a fixed fee and clear scope. If we are not a fit, we are happy to suggest other Canadian professionals who might be.

Once the engagement letter is signed, you e-sign the CRA authorization (RC59 for businesses or AUT-01 for individuals), and we onboard you to the encrypted client portal. From that point forward, the relationship is structured around predictable monthly deliverables: bookkeeping, sales tax filings, payroll, and year-end financial statements plus T2 corporate tax (for incorporated businesses) — with proactive tax planning conversations throughout the year.

Related locations in Ontario

LaSalle Ottawa Greater Napanee Oil Springs North Bay Newbury Pickering London Arnprior Laurentian Hills Orillia Iroquois Falls All Ontario locations →

Talk to a Canadian accountant for Georgina

Call 780-667-5250 or submit the contact form. We respond within one business day.

Call 780-667-5250 Request Consultation