Bookkeeping and Payroll
BC speculation and vacancy tax 2026 is one of those compliance items that tends to sneak up on businesses because it is tied to residential property, not “tax season” in the usual sense. If your company owns a condo used as staff housing, runs furnished rentals, holds a residential unit inside a mixed-use building, or […]
The post BC SVT 2026: Rates, Credits & Records for Businesses first appeared on Valley Business Centre - Bookkeeping and Payroll.
There’s something about the start of a new year that makes even the busiest Vancouver business owner pause for a moment. The phone is a little quieter, the inbox feels slightly less demanding, and for a brief window you can look beyond the next invoice, the next payroll run, or the next urgent email that […]
The post Setting 2026 Financial Goals for Your Vancouver Business first appeared on Valley Business Centre - Bookkeeping and Payroll.
This Essential & Complete Year-End Payroll Checklist for BC Employers will help you finalize payroll for 2025 by meeting CRA deadlines, preparing T4/T4A slips, and avoiding costly payroll mistakes. We’re heading into the final stretch of 2025, and if you’re a business owner in BC, there’s a good chance you’ve got more than a few […]
The post Effective Year-End Payroll Checklist for BC Employers (2025 Edition) first appeared on Valley Business Centre - Bookkeeping and Payroll.
GST/HST for Non-Resident Rentals: What You Need to Know GST/HST for non-resident rentals is a key compliance requirement for property owners listing Canadian short-term accommodations on platforms like Airbnb, VRBO, or Booking.com. Even if you live outside Canada, understanding these rules can help you avoid penalties and maximize your tax recovery. Even if you’re not […]
The post GST/HST for Non-Resident Rentals: 5 Essential Tips to Avoid Costly Mistakes first appeared on Valley Business Centre - Bookkeeping and Payroll.
Running a successful restaurant takes more than delicious food and great service. Behind the scenes, accurate financial tracking is key to long-term success. These bookkeeping tips for restaurants will help you better manage your inventory, comply with CRA regulations, and leverage POS systems for smarter accounting. Whether you’re a seasoned owner or a new operator, […]
The post Top 10 Effective Bookkeeping Tips for Restaurants to Maximize Profits first appeared on Valley Business Centre - Bookkeeping and Payroll.
Why Smart Bookkeeping is the Backbone of STR Success in Canada Implementing effective Bookkeeping Canadian Short-Term Rental practices is now essential for staying compliant in Canada’s increasingly complex tax environment. The Canadian short-term rental (STR) market has surged in popularity over recent years, offering a flexible and often profitable avenue for homeowners and investors alike. […]
The post Bookkeeping for Canadian Short-Term Rental: Proven Guide to Maximize Profits and Avoid Costly Mistakes in 2025 first appeared on Valley Business Centre - Bookkeeping and Payroll.
If you run a tourism business in Canada, be it a lakeside resort, a boutique hotel, a guided adventure tour, or a local food and wine experience, then understanding GST/HST rules for tourism businesses in Canada is not optional. From seasonal booking surges to international guests and bundled service packages, the complexity can be overwhelming. […]
The post 7 Essential GST/HST Rules for Tourism Businesses in Canada first appeared on Valley Business Centre - Bookkeeping and Payroll.
When it comes to sales tax in Canada, it’s rarely as simple as ticking a box and moving on. If you’re running a service-based or tourism business, understanding how to set up provincial GST/HST rates in your booking and accounting software can be the difference between a smooth tax season and a costly audit. Many […]
The post Ultimate Guide: How to Set Up Provincial GST/HST Rates in Booking and Accounting Software first appeared on Valley Business Centre - Bookkeeping and Payroll.
Tourism in Canada is a vibrant but challenging industry, especially for businesses that operate on a seasonal cycle. If you run a hotel in Whistler, a lakeside resort in Muskoka, or even a tourism-focused restaurant or bar in Banff, you know the rhythm all too well—peak seasons bring a flood of guests, revenue, and activity, […]
The post Cash Flow Management for Seasonal Tourism Businesses in Canada: A Practical Guide first appeared on Valley Business Centre - Bookkeeping and Payroll.
Restaurant Payroll Canada isn’t just about issuing paycheques—it’s about managing a complex system of provincial regulations, employee rights, and tax compliance. In the Canadian restaurant industry, payroll is a multifaceted task that demands attention to detail, consistency, and up-to-date tools to stay on top of evolving rules. From statutory holidays to overtime calculations, restaurant owners […]
The post Restaurant Payroll Canada: 7 Proven Tips to Stay Compliant and Stress-Free first appeared on Valley Business Centre - Bookkeeping and Payroll.