What we see in your industry
- Deciding between sole proprietorship and incorporation
- Personal services business risk when you work for one client like an employee
- HST registration and charging HST to clients in other provinces or outside Canada
- Salary vs. dividends and leaving money in the corporation
- Home office, equipment and vehicle expenses
How we help
- Incorporation advice and setup of CRA accounts
- Bookkeeping, HST returns and invoicing support
- Owner compensation planning each year
- Corporate and personal returns planned together
- Review of your contracts for personal services business risk
Common questions
What is a personal services business?
If your corporation provides services to one client and you would otherwise be considered that client's employee, CRA can treat it as a personal services business. It loses the small business rate and most deductions. Contract terms and how you work matter, and we review them with you.
Do I charge HST to a U.S. client?
Services provided to non-residents are often zero-rated, meaning 0% HST, but the rules depend on the service. We confirm how your contracts are treated.