If you have already registered a sole proprietorship or general partnership, what next?

HST, Payroll, Import & Export accounts?

With tax season kicking off, it is best to start preparing ahead of time so that you can claim all your tax deductions and reduce the risk of an audit. 

Running a large company means actively handling financial statements, invoices, and receipts every month. Although it can be an overwhelming task to regularly maintain business records, it is crucial to your company’s finances.

For many individuals and businesses, paying taxes is not their biggest priority as they have other commitments they need to fulfill to stay afloat. However, as taxes are a mandatory requirement, they cannot be ignored. When you earn an income, you must contribute an appropriate portion of the same to the country. If you don’t enjoy the battle of collecting statements, invoices, and receipts every month or are unaware of how to use them to prepare your taxes at the end of the financial year, you’ll need the assistance of a tax professional.

I’m Asifa Baig, the proud owner of GenNext Chartered Professional Accountants.

I look forward to sharing my story to better connect with you!

Happy Holidays from GenNext Chartered Professional Accountants. Wishing you a joyous and safe holiday season, and a happy New Year 2020!

We would like to remind our clients that we are offering a free early tax planning consultation.

If you need any assistance from us during the holiday season, feel free to get in touch with us by clicking here. 

We are delighted to announce the launch of our new website! 

We are currently revamping our website. Our new website will be interactive and mobile friendly! Watch this space for updates. Just a few more weeks to go!