Vaughan businesses, served remotely
Accountant for Vaughan businesses
Vaughan accountant for builders and professional firms: holding company structures reviewed with your lawyer, T5018 slips and Ontario HST.
Prepared by HBT Accounting, a CPA led firm in CalgaryUpdated 5.0 on Google, 59 reviews
Builders and professionals, side by side
Vaughan grew 5.5% between 2016 and 2021 to 323,103 people, and had 20,003 businesses with employees in Statistics Canada's latest count. Professional services led with 3,137, with construction close behind at 2,774.
Both groups tend to build up profit inside a company, and that is where a holding company starts to earn its keep: moving surplus out of an operating company that carries the business risk, or holding investments apart from it. The structure has to be put together in the right order, and HBT reviews it with the owner's lawyer before anything is signed. HBT works on Vaughan files remotely from Calgary.
Vaughan in numbers
| Population, 2021 Census | 323,103 |
|---|---|
| Change since the 2016 Census | Up 5.5% |
| Size among Canadian municipalities | 17th |
| People per square kilometre | 1,185.9 |
| Businesses with employees | 20,003 |
| Largest sectors by employer businesses | Professional, scientific and technical services (3,137); Construction (2,774); Health care and social assistance (1,733) |
Source: Statistics Canada: Population and dwelling counts, census subdivisions, 2021 Census and Statistics Canada: Canadian Business Counts, with employees, June 2026.
What a Vaughan engagement covers
Holding company structures
Whether one fits, and the order of steps to set it up.
Subcontractor slips
T5018 reporting where construction is the main activity.
HST and year end
Ontario HST and the T2 for each company in the group.
When does a holding company make sense for a Vaughan business?
Usually once the operating company earns more than the owners need to take out, or holds assets worth keeping away from its business risk. A holding company can often receive dividends from the operating company free of tax and keep those funds apart, but it adds a second set of returns and fees, so it has to pay its way.
Starting prices are published on the fees page. Final fees depend on scope, and we quote a fixed fee once the work is clear. See starting fees. The first conversation is free and takes about 10 to 15 minutes.