T2 tax filing

Job ID: 33628862

Budget: $10 – $30 CAD

Hi there

I need to file t2 tax return for my Canadian corporation

Business was car rental

January to July 6 — 3 cars financed bought under personal name —- received income under personal bank account


July 7 —- incorporated


Started receiving income earned from those cars In business account

Added 10 cars more in July to august again under personal name some sold in December

Received income of those newly added cars under corporation

All cars 100% business use

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So have taken the total revenue

Now regarding claiming expenses and CCA

I can claim those MVE and CCA tor T2 filing right?


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If not then what’s the best structure to

-receive revenue under corporation
-To claim maximum expenses

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REGARDING GST


I crossed gst threshold last year September but didn’t register for gst so Can I register for gst now? Retroactively what will be the consequences

I can’t claim input gst for cars that I bought after gst registration dates? What about claiming ITC CCA?


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There were two business activities
Major one was car rental other was other direct selling establishment

I already have all figures such as revenue, cogs, operating expenses, mve

Assets details with liability


Let me know if you need anything else

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I can file myself via t tron for almost minimal cost along with gst as well but need your help for those missing information

I hope you will advice well and charge accordingly I can register for gst myself as well including can do tax filing myself if you just guide me and be my tax guide while I fill all those out in that case also I will pay accordingly otherwise if you charge decent amount I wound rather get it done with you

Please let me know thanks
Related categories: Accounting Tax Corporate Transactions