Reorganize Your Financial Life Today!
Spend less time on your business and more time doing business!
Spend less time on your business and more time doing business!
Richard Thomas earned a Bachelor of Commerce from the University of Alberta, majoring in accounting, and acquired his Certified General Accountant designation in 2002. He has spent 18 years in public practice accounting, working way up from junior accounting technician to accounting manager.
Richard started RBT Accounting Services to help those who are just starting their own businesses with their bookkeeping and tax needs. Working with many small and medium business owners over the years, Richard found that the biggest obstacle in starting a business is the planning for GST/PST, payroll deductions, business taxes, and dealing with all of the paperwork involved. He has helped many owners dig themselves out of a hole with the Canada Revenue Agency and is ready to help new owners avoid that issue by being the knowledgeable expert who helps them on their way.
Keeping track of the money flowing into and out of your business is important and time consuming, especially if there are a lot of small transactions. RBT Accounting Services will help you to keep things organized so that receivables are being collected and bills are being paid in a timely manner.
Sales taxes are confusing. Do you have to charge GST? Are you required to collect PST? What are your filing deadlines? RBT Accounting Services will help figure all this for you and ensure returns are filed properly and on time, and that you have the knowledge you need to keep your clients informed and your accounts up to date.
Your employees are the heart of your business. RBT Accounting Services will help ensure that they are paid accurately and that the source deductions are remitted on time. RBT Accounting Services will also prepare and file the T4 Return.
Whether you are a sole proprietor or a small owner managed corporation, keeping your taxes up to date is important. RBT Accounting Services will prepare your required tax returns and ensure they are filed on time.
Tax tip Tuesday . . . . Property Tax Deferment The Ministry of Finance will pay the property tax of eligible BC homeowners. Once they pay your taxes though, they put a lien on your property and interest is charged on the deferred tax amount. The Property Tax Deferment Program is for people 55 and older, surviving spouses, persons with disabilities, and families with children. Find out more at https://www2.gov.bc.ca/gov/content/taxes/property-taxes/annual-property-tax/property-tax-deferment-program #accounting #cpabc #community #nelsonbc #kootenaybusiness #rbtaccountingservices #moneysavingtips
In the News . . . The first report since the Joint Chiefs of Global Tax Enforcement (J5) began in 2018 was released this summer. The 5 countries working together in J5 are Canada, Australia, U.S., United Kingdom and the Netherlands. They focus on tax crimes such as tax evasion, money laundering, and cybercrime such as scammers pretending to be the CRA and asking for money, J5 has more than 30 active cybercrime investigations alone. They also provide training to countries such as South Africa, Taiwan and Ukraine. The J5 makes the world a smaller place for criminals trying to...
Good news! Thanks to a drop in gas prices, Canada’s inflation rate finally met the Bank of Canada’s 2% goal in August and September. Prices will continue to be higher than they were a few years ago though. The 2% goal means that prices only increase at a rate of 2%, instead of the larger increases we have been seeing lately. The Bank of Canada has been able to drop the basis point rate by another .50 on Oct 23rd, the fourth rate cut this year. #nelsonbc #rbtaccountingservices #kootenaybusiness #community #supportlocalbusinesses
If you are self-employed and run your own business, you CAN receive maternity and parental benefits, sickness benefits and three types of caregiving benefits. EI can pay you up to 55% of your earnings to a maximum of $668 per week. Premiums are paid when you file your income taxes, at a rate of $1.66 per $100 dollars earned that year and a maximum payment of $1,049.12 in 2024. Everyone pays the same rate whether they are an employee or are self-employed. Register for this program at canada.ca/en/services/benefits/ei/ei-self-employed-workers #rbtaccountingservices #kootenaybusiness #cpabc #nelsonbc #smallbusiness #moneysavingtips
Monday | 10:00 AM — 4:00 PM |
Tuesday | 10:00 AM — 4:00 PM |
Wednesday | 10:00 AM — 4:00 PM |
Thursday | 10:00 AM — 4:00 PM |
Friday | 10:00 AM — 1:00 PM |
Saturday | Closed |
Sunday | Closed |
Meetings by appointment only; no drop-ins, please call first.