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Tax for Startups

Tax for Startups

Incorporation, SR&ED tax credits, losses carried forward, and a corporate return prepared and filed by a CPA. Full startup tax, built for early stage and growing companies across Canada.

Google ★★★★★ 5.0 from 80+ Google reviews
CPA preparing a startup corporate tax return and SR and ED claim
What we handle

Startup tax, end to end

Incorporation Setup

Get incorporated early and structured right, with your first year end planned.

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SR&ED Tax Credits

We identify eligible R&D work and claim the credits your build has earned.

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Corporate Tax (T2)

Your federal T2 prepared and filed by a CPA, within six months of year end.

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HST and GST Filing

Registration and sales tax returns filed on time once you cross the threshold.

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SR&ED and early losses

Two tax breaks startups often leave behind

SR&ED tax credits for your R&D

The Scientific Research and Experimental Development program rewards eligible R&D work with investment tax credits that can be refundable or non refundable. For most Canadian controlled private corporations, qualifying expenditures can earn an enhanced refundable credit at a 35 percent rate up to the annual expenditure limit, so real cash can come back on the work you are already doing. We identify what qualifies and prepare the claim with your T2. Source: canada.ca SR&ED investment tax credit.

Early losses carried forward

Most startups lose money before they make it, and those early losses do not have to go to waste. A non capital loss can generally be carried forward up to 20 years to offset future profits, so once you turn profitable, prior losses can lower the tax you owe. We track them year over year and apply them when they count. Source: canada.ca non capital losses.

Prepared and filed by a CPA

A full accounting service, not an afterthought

Startup tax is its own discipline, and we treat it that way. Every corporate return is prepared and filed by a Chartered Professional Accountant, with SR&ED claims, loss carryforwards, and your HST or GST all handled as one coordinated service. Whether or not we keep your day to day records, your tax is a standalone engagement done properly. See our full tax services or every one of the industries we serve.

Client reviews

Rated 5.0 by our clients on Google

Google
Robby Brown profile picture
Robby Brown
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E-commerce can get complicated fast with fees and multiple payment platforms. Better Books Canada broke it down in a way that actually made sense. Reports arrive on time and highlight what needs attention. It’s been easier to focus on growth instead of trying to reconcile transactions late at night.
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Emily Tomlinson profile picture
Emily Tomlinson
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Books are current and organized. Makes day to day operations easier. Happy with the support!
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Ezekiel Luanda profile picture
Ezekiel Luanda
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This firm is amazingly detail focused and client centric. I have been using them since the conception of my business and without their expertise and dedication to the numbers of it all I would not be able to flourish the way I am. Furthermore, Bashar is personable, patient, incredibly knowledgeable, timely, trustworthy, genuine and all around a total win to have on any team for financial services.
Google
Tatiana profile picture
Tatiana
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As a consultant working with federal clients in Ottawa, I needed someone who understood proper documentation and clean records. The team organized everything and set up consistent reporting so nothing slips through the cracks. It has saved hours every month. Things just feel under control now.
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wesley bailey profile picture
wesley bailey
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Appreciate the consistency. Reports come in on time and make sense. That’s really all that was needed.
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Pierre Frederick profile picture
Pierre Frederick
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Bashar is incredibly competent, knowledgeable and honest. He is not a bookkeeper that likes to meddle in grey areas. He has worked for the CRA and does everything he can to protect and inform his clients. He provides an incredible amount of value compared to the amount that he charges, and it’s truly been a pleasure working with him. I highly recommend Bashar if anyone is looking for bookkeeping services in Ottawa.
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Rehoboth Mubedi profile picture
Rehoboth Mubedi
Google star 1Google star 2Google star 3Google star 4Google star 5Trustindex verifies that the original source of the review is Google.
Professional and well-run business. Bashar was friendly, efficient, and knowledgeable, and the office was clean and easy to access. Everything was handled smoothly from start to finish. Highly recommend.
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Why founders choose us

Startup tax you can count on

Prepared and filed by a CPA

Your corporate return is prepared and reviewed by a Chartered Professional Accountant, not seasonal software or a part time preparer, so every claim holds up.

We know the startup playbook

Incorporation timing, SR&ED, loss carryforwards, and founder compensation are our home turf, so nothing that could save you tax gets missed.

Accurate and always on time

We track your T2 deadline and every HST or GST remittance, so you avoid penalties, interest, and last minute scrambles.

Clean books make clean returns

Solid records make for a smoother, stronger claim. If you need them, see our bookkeeping for startups.

$10M+
accounts managed
35%
enhanced SR&ED credit rate for many CCPCs
4
offices across the Ottawa region
5.0
average Google rating

Ready to make your startup's tax work for you?

Book a free 30 minute consultation. We will map out incorporation, SR&ED, your losses, and the corporate return, and tell you exactly what to file and when.

Book your free consultation
Help center

Startup tax FAQs

Many founders incorporate early, before raising or signing major contracts, because it sets up clean ownership, limits personal liability, and opens the door to credits and planning that only apply to a corporation. We help you get incorporated and structured right, then plan your first year end so the timing works in your favour.
SR&ED is the Scientific Research and Experimental Development program. It rewards eligible R&D work with investment tax credits that can be refundable or non refundable. For most Canadian controlled private corporations, qualifying expenditures can earn an enhanced refundable credit at a 35 percent rate up to the annual expenditure limit. If you are building or improving technology and solving real technical unknowns, there is a good chance some of that work qualifies. We assess it and prepare the claim with your T2.
Yes. A non capital loss can generally be carried forward up to 20 years to offset future profits, so once your startup turns profitable, prior losses can reduce the tax you owe. We track your losses year over year and apply them when they deliver the most value.
A corporation files its T2 return within six months of its fiscal year end. Any tax owing is generally due sooner, so we plan ahead to avoid interest. We track your deadlines and file on time, every year.
Once your taxable sales cross the registration threshold you are required to register and charge sales tax, and there are times it is worth registering earlier. We advise on when to register and then prepare and file your HST and GST returns on schedule.
No. We are fully virtual with secure digital records, so there are no drop offs and nothing to pick up. You share your documents digitally and we work from there, with clients across Canada. Your corporate return is prepared and filed by a CPA.
Locations

Find us across the Ottawa region

Downtown Ottawa

116 Albert St, Suites 200 & 300
Ottawa, ON K1P 5G3

(613) 410-8202
Kanata

1000 Innovation Dr, Suite 500
Ottawa, ON K2K 3E7

(613) 509-1309
Orleans

114 Chancery Crescent
Orleans, ON K4A 4N3

(613) 454-1399
Embrun

867 Notre-Dame St
Embrun, ON K0A 1W0

(613) 510-0230
Open Monday to Friday, 8AM to 8PM at every location.