Interest rates for the first calendar quarter: January 1, 2014 to March 31, 2014

 

Tax, duty, or other charges Overdue remittances Overpaid remittances – Corporate taxpayers Overpaid remittances – Non- corporate taxpayers
Goods and services tax (GST) 5% 1% 3%
Harmonized sales tax (HST) 5% 1% 3%
Air travellers security charge 5% 1% 3%
Excise tax (non-GST/HST) 5% 1% 3%
Excise duty except brewer licensees (amounts due after June 30, 2003) 5% 1% 3%
Excise duty except brewer licensees (amounts due before July 1, 2003) 3% N/A N/A
Excise duty (brewer licensees) 3% N/A N/A
Softwood lumber products export charge 5% 1% 3%

H&T Business Start Up Services in Mississauga, Brampton And Oakville

Starting a business is quite an ambition for many people and they spend days and years in building their exposure to the business world. A well planned and organized business kicks off well when the business setup and operations are streamlined in the right way. Financial and accounting services form the major part of business start ups and are mandatory from all concerns. H&T Business start up Mississauga services are well known for the wide range of financial and accounting services they offer to businesses of all sizes. Be it a small scale or large scale business, services in accounting and financial aspects are much essential.

When starting a new business, business people have to be clear about finances and accounts they start with banks and government departments. It is not possible for all to have complete knowledge or spend time in analyzing these factors. For such businesses, H&T Business start up Brampton services are much helpful. The professionals take care of the accounting systems and prepare ledgers and journals to meet the needs of the business. Also, the service provides offer enough guidance on various aspects of maintaining the finances which includes incorporation of the business, agreements with franchises and opening up different terms with share holders.

The best foundation leads to business growth at the right pace. Getting accounting and finance services provides a lot of support to businesses and it is interesting to check out services that are always reliable. It is simple and quick to get an estimate for different services through online and phone. For any queries, business people can write to the support team. Also, the support team with experienced professionals provides the right help for customers when they require any help on the services. Business start up Oakville and Business start up Milton has become much easier as businesses in Oakville and Milton run smooth with service providers offering excellent services.

For any service related to finance and accounting one can always reach the services. It is completely satisfactory to businesses as they experience best results and the guarantee the service providers offer fulfills business needs. It is good to go through the website and get more ideas on how different services work and the best part of sticking to business services. Through online websites, the work is much easier and it is great the businesses can run in an efficient way with just an internet connection.

What to expect from bookkeepers?

Bookkeeping is the elaborate process of recording all the financial transactions that a business conducts. In the daily operations of a business there are many transactions that take place. These range from purchasing and supplying, making payments and receiving payments. These dealings have to be entered into the relevant accounts which fall under the work scope of a qualified bookkeepers. The following are the services provided by Bookkeepers Mississauga residents should expect.

The services offered by bookkeepers include preparing the accounts receivables. These are all the debtors who owe the business funds. Then there is preparation of accounts payables. These are transactions in relation to funds owed to various businesses. This usually goes in tandem with the purchase ledger account which records all purchase dealings.

H&T Bookkeepers Mississauga, also offer services to maintain the sales ledger. This is to record all the sales made, factoring in any discounts and any relevant information to end up with the final calculation for total sales. A final account maintained by bookkeepers is the general account ledger. It covers information on all assets held by a firm, equity and liabilities. The accounts clerk is responsible for preparing a trial balance for the business with which accountants formulate financial statements. These dealings can be done by the professional bookkeepers Brampton.

With use of the latest software, all these entries are made electronically. These sophisticated software deploy double entry bookkeeping and therefore eliminate need for manual recordings. The software varies in terms of the business in which they are offered. Each is tailor made to suit the needs of a particular business. Various company sizes are targeted from sole proprietorship to small business, where all can be served by their own customized software. However, working with this software needs training in order to use it effectively and this would be the step to seek professional help instead. Bookkeepers in Oakville will be able to aid in such services with professionalism and understanding of the field.

Basics of Starting up a Business

When a person thinks of starting a business he requires various resources like:

  1. Capital
  2. Land
  3. Staff
  4. Raw material
  5. Machinery

Apart from these tangible things, a number of intangible things like legal licenses are also required for starting up a business. It is always better to take assistance of H&T (Business start up Mississauga). H&T helps in setting up your business. Being a fresher in this field you may not have knowledge about everything. Thus, taking their help will give you guidance and support. H&T, the Business start up Mississauga experts conducts various seminars as well workshops which will give you an insight on start-up of a business. They will help you in registering your business, starting up the business, chalking out an effective business plan, paying taxes, knowing about the changing government policies and programs, etc. The company have qualified professionals who come from good business backgrounds. Thus they can give you tips to make your business successful. They even provide you financial assistance. Thus, with the guidance of these companies you can start your dream business.

Opportunities for business start up Milton

A business can establish, grow and achieve success only when it gets ample opportunities. Across the world there are a million businesses running today. But very few are successfully running. For any business to succeed, good opportunities are required. It is very important that the environment in which the business is running supports the business and offers inputs to it. Business start up Milton Starting up a business is not easy anywhere. But the good part about Milton is that it will offer you a plethora of chances which if tapped smartly can fetch you great success. Milton has a treasure of resources which is a must for starting business.

Business start up Oakville

Like all the other cities, Oakville is also a good place to start a business. But this city is not that big. Thus, setting up a big business here would be of no use. A big business requires a lot of resources which would not be available here. Thus, a small business is apt for a place like Oakville. Business start up in Oakville would be quite effective and easy. People of this town are very supportive and co operative. Thus, a lot of help can be attained from them while setting up a small business here. No matter where you start your business, there are a few things which are very important. First you need to have knowledge about:

  1. The basics of starting up a business
  2. Information on the registration of business
  3. Information on the incorporation of business
  4. Agreements of partnerships
  5. Laws related to taxation
  6. Insurance policies
  7. Standards and regulations
  8. Buying and selling of a business
  9. Selection of advisors and consultants
  10. Preparation of a business plan
  11. Contribution of the employer towards payroll
  12. Deductions of the payroll
  13. Patents, copyrights and trade marks
  14. Funding from the government

Once you have thorough knowledge about all these things, you are ready to start your own business.