The Canadian tax and compliance framework requires businesses to maintain accurate accounting records, structured financial reporting, and timely filings under federal and provincial regulations. Compliance with GST/HST, Corporate Income Tax, payroll deductions, and CRA reporting obligations is critical to avoid penalties and audits. Professional accounting support is essential for sustainable operations.
Goods and Services Tax (GST) and Harmonized Sales Tax (HST) apply to most taxable supplies of goods and services in Canada. Compliance requires accurate transaction classification, jurisdiction-based tax treatment, and periodic reconciliation.
Canadian Corporate Income Tax applies at both federal and provincial levels. Accurate accounting, classification of income, and expense allocation are essential for correct tax computation and compliance.
Employers in Canada must comply with payroll tax deductions and statutory remittances including CPP, EI, and income tax. Payroll accuracy and timely remittance are critical compliance areas.
Corporate taxation in Canada operates at both federal and provincial levels. Understanding the distinction is essential for accurate tax planning, accounting classification, and ongoing compliance management.
| Aspect | Federal Corporate Tax | Provincial Corporate Tax |
|---|---|---|
| Governing Authority | Canada Revenue Agency (CRA) | Provincial Tax Authorities |
| Tax Applicability | Applicable to all resident corporations | Applicable based on province of operation |
| Tax Rates | Federal corporate tax rates | Vary by province |
| Accounting Basis | Canadian accounting standards / IFRS | Aligned with federal computation |
| Return Filing | T2 Corporate Tax Return | Included within T2 or separate provincial filings |
| Compliance Complexity | Moderate | Higher due to multi-province allocation |
Outsourcing entire accounts and compliances for Canadian businesses means entrusting complete responsibility for accounting, bookkeeping, payroll, GST/HST, corporate tax coordination, and statutory compliance to a single specialised outsourcing partner. This model is increasingly adopted by Canadian SMEs, growing companies, and cross-border businesses to ensure CRA compliance, financial accuracy, and scalable finance operations without maintaining large in-house teams.
The outsourcing partner manages the entire accounting lifecycle including bookkeeping, general ledger maintenance, bank and credit card reconciliations, and month-end and year-end closures.
This ensures clean, audit-ready books aligned with Canadian accounting standards and IFRS where applicable.
Know MoreAll Canadian statutory compliances including GST/HST returns, payroll remittances, corporate tax coordination, and regulatory obligations are proactively tracked and supported.
This structured compliance framework significantly reduces penalties, late filings, and CRA audit risks.
Know MorePayroll accounting, GST/HST reporting, and financial reporting operate as a single integrated workflow rather than fragmented functions.
Canadian businesses receive structured payroll summaries, tax insights, cost analytics, and management reports aligned with accounting records.
Know MoreCanadian businesses work with a dedicated account manager supported by documented workflows, service levels, and escalation mechanisms.
This ensures continuity, accountability, and smooth operations without dependency on individual employees.
Know MoreSecure cloud accounting platforms, encrypted document sharing, and role-based access controls provide Canadian business owners with real-time financial visibility.
Every transaction, compliance task, and report remains documented, traceable, and audit-ready.
Know MoreAs transaction volumes grow, multi-province operations expand, or additional Canadian entities are added, the outsourcing model scales seamlessly.
Canadian businesses grow without hiring, training, or restructuring internal finance teams.
Know MoreCanadian businesses increasingly outsource accounting and compliance functions to India to achieve cost efficiency, accuracy, and regulatory compliance. Our Canada-focused accounting outsourcing services support businesses with GST/HST compliance, CRA reporting, corporate tax coordination, payroll support, and structured financial reporting.
Professional bookkeeping services for Canadian companies covering daily transaction recording, general ledger maintenance, journal entries, and bank reconciliations aligned with Canadian GAAP.
Clean, accurate, and audit-ready books supporting GST/HST filings, corporate tax computations, and management decision-making.
Explore Bookkeeping Services
End-to-end accounts receivable outsourcing including sales invoicing, customer ageing analysis, payment follow-ups, and reconciliation.
Improved cash flow visibility and accurate GST/HST tracking aligned with CRA requirements.
Learn About AR OutsourcingAccounts payable outsourcing covering vendor invoice processing, expense categorisation, approval workflows, and payment scheduling.
Ensures timely vendor payments, accurate cost allocation, and strong internal financial controls.
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Payroll outsourcing for Canadian employers including salary computation, payroll accounting, statutory deductions, and payslip preparation.
Structured payroll summaries aligned with CRA payroll remittance and reporting requirements.
Understand Payroll OutsourcingPreparation of profit and loss statements, balance sheets, cash flow statements, and monthly management accounts.
Decision-ready MIS reports supporting budgeting, forecasting, GST/HST reviews, and year-end readiness.
Financial Reporting Solutions
End-to-end compliance support including GST/HST return preparation, corporate tax coordination, payroll remittance support, and CRA compliance tracking.
Reduces CRA risks, penalties, audit exposure, and missed filing deadlines.
Compliance Support DetailsStructured audit support including reconciliations, schedules, transaction backups, and CRA audit query coordination.
Ensures faster audit closures with minimal management involvement.
CRA Audit Support Services
Year-end accounting cleanup, schedules, reconciliations, and data preparation to support T2 corporate tax filings.
Works seamlessly with Canadian tax advisors and CPAs to ensure accurate and timely filings.
T2 Support DetailsReduce costs, improve CRA compliance, and scale your finance function with a trusted Canada-focused accounting outsourcing partner in India.
Book a Free Canada Accounting ConsultationManaging payroll in Canada requires accuracy, confidentiality, and strict compliance with Canada Revenue Agency (CRA) regulations, statutory deductions, provincial labour laws, and internal governance standards. Our Canada payroll outsourcing services help businesses run compliant, secure, and well-structured payroll operations without internal administrative burden.
End-to-end payroll processing for Canadian businesses covering salary and wage computation, bonuses, overtime, and payroll accounting aligned with employment contracts and provincial labour laws.
Accurate payroll calculations with compliant payslip preparation, reflecting gross pay, statutory deductions, employer contributions, and net pay.
Calculation and accounting of Canada Pension Plan (CPP), Employment Insurance (EI), income tax withholdings, and other mandatory payroll deductions as per CRA guidelines.
Support for payroll remittance schedules, deduction summaries, and coordination to ensure timely and accurate payments to the CRA.
Structured payroll reports, variance analysis, and reconciliation with accounting records to maintain accurate and audit-ready payroll data.
Secure handling of payroll data with controlled access, confidentiality safeguards, and data protection practices aligned with Canadian privacy standards.
Outsourcing accounting to India has become a strategic advantage for Canadian businesses. It enables cost-efficient finance operations, access to IFRS and Canadian tax–trained professionals, scalable support models, and strong governance while ensuring compliance with CRA regulations, GST/HST laws, payroll obligations, and corporate tax requirements.
Canadian companies reduce accounting and bookkeeping costs substantially by outsourcing to India without compromising accuracy, compliance, or internal controls.
Optimised offshore delivery models and structured review mechanisms help redirect savings toward business growth, technology, and profitability.
India offers a deep talent pool of accounting professionals trained in IFRS, Canadian GST/HST rules, payroll compliance, and corporate tax readiness.
These professionals support bookkeeping, management reporting, GST/HST returns, payroll coordination, and year-end tax preparation.
The Canada–India time difference enables a follow-the-sun accounting delivery model that improves turnaround times.
Transactions and reports shared by Canadian teams are processed overnight, enabling next-business-day delivery and faster decision-making.
Outsourcing eliminates recruitment, training, employee benefits, attrition risks, and fixed payroll costs for Canadian businesses.
Accounting support scales seamlessly with transaction volumes, multi-entity structures, or business expansion across provinces.
Indian accounting outsourcing teams operate with enterprise-grade data security frameworks suitable for Canadian and international clients.
Secure cloud platforms, role-based access, encrypted data handling, and documented audit trails ensure complete financial data protection.
Offshore accounting teams align closely with Canadian working hours, reporting formats, and CRA compliance expectations.
Dedicated account managers, structured reporting cycles, and proactive communication ensure transparency and accountability.
End-to-end accounting, GST/HST compliance, corporate tax (T2) coordination, payroll support, and management reporting for Canadian incorporated businesses.
Accounting • GST/HST • T2Job-wise accounting, cost tracking, WIP management, GST/HST compliance, and CRA-ready documentation.
Job Costing • GST/HST • ReportingInventory-linked accounting, GST/HST treatment, margin analysis, and structured financial reporting.
Inventory • GST/HST • MISOutsourced accounting and compliance support covering GST/HST filings, payroll remittances, T4/T5 support, and year-end readiness.
SME • Payroll • ComplianceAccounting and compliance support for international groups operating in Canada with IFRS-aligned reporting.
IFRS • Group ReportingRevenue recognition, expense controls, GST/HST compliance, payroll support, and monthly management reporting.
Revenue • Payroll • CRAOutsource your entire accounting, GST/HST compliance, corporate tax (T2), payroll, and CRA reporting with complete visibility and structured governance.
TAXAJ acts as an extended finance team for Canadian businesses, combining strong CRA compliance understanding with India-based delivery efficiency.
Book a Free Canada ConsultationOur proven Canada accounting outsourcing process ensures a smooth transition, clear accountability, and continuous compliance with GST/HST, corporate tax (T2), payroll, and CRA reporting requirements. From onboarding to ongoing support, we manage your entire accounting and compliance function with structure, accuracy, and transparency.
We begin with a detailed consultation to understand your Canadian business structure, industry, accounting software, GST/HST registration status, payroll setup, and CRA compliance obligations.
This ensures the outsourcing model aligns with your operations, reporting needs, and growth plans.
Our team evaluates bookkeeping scope, GST/HST filing cycles, corporate tax (T2) readiness, payroll remittances, and internal control requirements.
We identify compliance gaps, CRA risk areas, and process optimisation opportunities.
A tailored end-to-end workflow is designed covering bookkeeping, bank reconciliations, GST/HST reporting, payroll coordination, management reporting, and year-end readiness.
Review checkpoints, escalation paths, and reporting calendars are clearly defined.
Scope of work, pricing models, turnaround timelines, service-level agreements, and confidentiality safeguards are finalised transparently.
Secure system access, document migration, and data protection protocols are implemented.
A dedicated Canada-focused accounting team manages daily accounting, GST/HST tracking, payroll support, and compliance monitoring as an extension of your finance function.
Regular reviews, structured reporting, CRA audit support, and year-end T2 readiness ensure ongoing compliance and accuracy.
Every Canadian business has different accounting volumes, GST/HST cycles, payroll structures, and CRA compliance needs. Our pricing is designed around your actual scope of work — not rigid packages.
Whether you need ongoing bookkeeping, GST/HST filings, payroll support, CRA audit assistance, or year-end T2 coordination, we build a transparent and scalable pricing model tailored to your business.
Transparent pricing • No long-term lock-ins • Canada-focused delivery teams
Accounting software used in Canada must align with CRA regulations, GST/HST compliance, corporate tax reporting, payroll remittances, and year-end financial requirements. TAXAJ provides hands-on expertise and end-to-end support for leading cloud accounting software used by Canadian businesses across provinces.
End-to-end support for QuickBooks Online Canada including bookkeeping, GST/HST configuration, bank reconciliations, management reporting, and CRA-aligned financial records.
Expertise in Xero accounting for Canadian businesses covering transaction processing, GST/HST tracking, financial reporting, and reconciliation aligned with CRA requirements.
Experience with Sage accounting and payroll systems including general ledger management, payroll processing, statutory deductions, and CRA payroll reporting support.
Support for cloud integrations such as bank feeds, expense management tools, document management systems, payroll software, and reporting dashboards to streamline Canadian accounting operations.
Whether you are migrating to QuickBooks, Xero, or Sage, configuring GST/HST workflows, supporting CRA compliance, or need ongoing accounting software support, our team ensures a smooth, compliant, and audit-ready transition.
Book a Free Canada Accounting Software ConsultationYes. We handle complete data migration including opening balances, historical transactions, GST/HST records, and reconciliations for Canadian businesses.
Yes. We configure accounting software to ensure GST/HST compliance, CRA-aligned reporting, and accurate corporate tax data.
Yes. Ongoing support includes bookkeeping, GST/HST filings support, payroll coordination, management reporting, and continuous software optimisation.
Absolutely. We work closely with Canadian CPAs, tax advisors, and auditors to ensure accurate records, reports, and filings.
Yes. Secure cloud platforms, role-based access, confidentiality agreements, and GDPR-aware data protection practices are strictly followed.
When outsourcing accounting, payroll, GST/HST, and compliance functions for Canadian businesses, data security and confidentiality are non-negotiable. TAXAJ follows strict access controls, confidentiality frameworks, and internationally accepted data protection practices to safeguard sensitive financial, payroll, and tax data in line with CRA expectations.
Access to accounting systems, payroll records, GST/HST data, and CRA-related documentation is restricted through clearly defined role-based permissions.
All Canadian client engagements are governed by non-disclosure agreements and confidentiality clauses to protect sensitive business and financial information.
Access to cloud accounting platforms such as QuickBooks, Xero, Sage, and document repositories is logged, monitored, and reviewed to ensure accountability and data protection.
All accounting, GST/HST filings, payroll processing, year-end support, and compliance activities follow documented SOPs with complete audit trails.
Our processes align with international data protection principles including secure storage, controlled access, confidentiality, and data minimisation for Canadian clients.
Begin your Canadian accounting outsourcing engagement with a secure, documented, and confidentiality-first onboarding process. Our team ensures protected data transfer, controlled system access, and a smooth transition aligned with CRA compliance requirements.
Book a Secure Canada Onboarding ConsultationOur Canada accounting outsourcing pricing is transparent, scalable, and aligned with your actual bookkeeping, GST/HST compliance, payroll, year-end support, and CRA reporting requirements. We follow flexible engagement models designed for Canadian SMEs, growing businesses, group companies, and accounting firms.
Pricing is driven by transaction volumes, number of entities, GST/HST complexity, payroll size, reporting requirements, and year-end compliance scope.
This ensures fair pricing without unnecessary bundled services.
Most Canadian outsourcing engagements operate on a fixed monthly fee model, providing full cost visibility and eliminating hourly billing uncertainty.
The fee typically covers routine bookkeeping, GST/HST support, payroll coordination, reporting, and compliance tracking.
As transaction volumes increase, new Canadian entities are added, or CRA compliance becomes more complex, the engagement scales seamlessly.
Pricing adjustments are transparent and agreed in advance.
Ideal for Canadian businesses requiring continuous bookkeeping, GST/HST compliance, payroll processing, and management reporting.
A combination of fixed monthly support with variable components linked to transaction volumes, payroll cycles, or seasonal business activity.
Suitable for specific assignments such as GST/HST clean-up, accounting backlogs, system migrations, CRA audit support, or year-end T2 preparation support.
Every Canadian business has unique accounting and compliance needs. Get a customised pricing proposal based on your transaction volumes, GST/HST exposure, payroll size, reporting requirements, and CRA compliance scope.
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TAXAJ LLP
Head Office: 1/3, UGF, Sulahkul Vihar, Old Palam Road, Dwarka, New Delhi-110078
Bangalore: 186/A, 1st Floor, 22nd Cross, 3rd Sector, Near HSR Club, HSR Layout, Bangalore - 560102
Bihar: Opposite Honda Agency, Aashapur, Benipur, Darbhanga, Bihar - 847201
Goa: Plot No. 179, PDA Colony, Porvorim, Pilern, Goa 403521
Mumbai: 401, C Wing, Hiraco Eminence, Mira Road, Mumbai, MH 401107
Phone: +91 8802912345 ; 9976030405 ; 7091020202 ; E-mail: connect@taxaj.com