Tax filing and planning for businesses and individuals, with a focus on filing on time and paying only what is owed.
- T2 corporate tax returns and year-end planning
- T1 personal tax returns, including foreign tax situations
- GST and PST registration and filing
- Empty Homes Tax, Underused Housing Tax and Speculation and Vacancy Tax filings
Corporate Tax Return
As per the guidelines outlined by the Canada Revenue Agency (CRA), every resident corporation, excluding crown corporations and resident charities, is required to submit a corporate income tax (T2) return annually, regardless of whether there is any tax payable. As your corporate tax accountant in BC, we will ensure that you file your return no later than six months after the end of each tax year.
As the fiscal year concludes, entrust us with your organization's annual tax return filings. Our proactive approach ensures efficient tax management before year-end, encompassing preparation and advice on fundamental tax planning. Count on us for timely and precise corporate tax return services, contributing to your business' financial strategy.
Personal Tax Return
We specialize in assisting individuals with completing their T1 tax returns for a stress-free tax season. We offer proper advice and guidance to help determine the necessary tax slips for your personal tax returns. As your dedicated personal tax accountants, we go beyond the basics, identifying eligible deductions and applying precise tax credits to optimize your tax situation. Trust us for an efficient tax process, ensuring you pay only what's necessary.
Choosing HJ Wu & Company Inc. Chartered Accountant as your personal tax accountant in BC ensures support in identifying the necessary tax slips for the completion of your personal tax return.
GST and PST
Navigating the realm of tax compliance, we specialize in handling GST and PST setup and returns. GST, or Goods and Services Tax, is a federal levy across the country, complemented by PST, or Provincial Sales Tax, in select provinces. If you haven't yet applied for GST and PST returns, we offer assistance in both application and filing. Rely on us at any business stage for seamless GST and PST return filing, enabling you to concentrate on your business growth.
Our services include registering for GST & PST; calculation and reporting of GST/PST; and GST filings specifically tailored for not-for-profit organizations, and more.
EHT, UHT, SVT Filing
The Empty Homes Tax (EHT) is a municipal tax imposed by the City of Vancouver on residential properties in Vancouver classified as Class 1 properties. The Underused Housing Tax (UHT) is imposed on every person who is an owner (other than an excluded owner) of a residential property in Canada on December 31 of a given calendar year. The Speculation and Vacancy Tax (SVT) is a provincial tax imposed by the government of B.C. for all residential properties in many B.C. regions. These are part of a growing trend of jurisdictions in Canada to implement taxes on non-residents and foreign investment in residential property.
We offer assistance to help determine the necessary tax filing submissions.
Talk to HJ Wu & Company Inc.
Phone: 604-636-1862
Email: inquiry@hjwucpa.com
512 - 938 Howe Street, Vancouver
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Frequently Asked Questions
Quick answers about HJ Wu & Company Inc. and how the firm can help. See all FAQs
Under Canada Revenue Agency rules, most resident corporations must file a T2 return every year, even if no tax is owing, and the deadline is six months after the fiscal year-end. HJ Wu & Company Inc. prepares and files T2 returns on time and also offers basic tax planning ahead of year-end. Contact HJ Wu & Company Inc. before your year-end so nothing sneaks up on you.
Yes. HJ Wu & Company Inc. prepares T1 personal tax returns, helps you figure out which tax slips you need, and looks for every deduction and credit you qualify for so you pay only what you owe. Clients with more complex situations, including foreign tax matters, have relied on the firm for years. Reach out to HJ Wu & Company Inc. for a calmer tax season.
Yes. HJ Wu & Company Inc. can register your business for GST and PST, calculate and report what you owe, and file your returns, including GST filings for not-for-profit organizations. It's a good option at any stage of a business. Contact HJ Wu & Company Inc. and get your sales tax sorted.
Yes. If you own residential property in Vancouver, BC or elsewhere in Canada, HJ Wu & Company Inc. can help figure out which of these filings apply to you: the City of Vancouver Empty Homes Tax (EHT), the federal Underused Housing Tax (UHT) and the BC Speculation and Vacancy Tax (SVT). These rules are easy to get wrong, so contact HJ Wu & Company Inc. before a deadline passes.
It starts with an initial consultation, then a needs assessment, and then HJ Wu & Company Inc. builds a plan around your goals. Cost depends on what you need, whether that's a one-time tax return or ongoing bookkeeping and payroll, so the firm quotes after learning about your situation. Call 604-636-1862 or email inquiry@hjwucpa.com to book your consultation.