What does a corporate tax return cost in Canada

Three different returns, three different prices

A T2 is not one product. A corporation that traded all year, one that barely moved and one that was dormant need very different amounts of work, so HBT prices them apart. A corporate year end with the T2 starts at $2,500. A company with minimal activity starts at $1,500. A nil return for a dormant corporation starts at $750.

Where compiled financial statements are needed alongside the return, those start at $1,750. An additional corporation in the same group starts at $1,500. Corporate tax planning, which is the work done before the year closes rather than after, is $350 per hour.

What the corporate year end covers

How the work begins

1. 1

   Step 1: Confirm which return this is

   Active, minimal activity or nil. That alone sets most of the price.

2. 2

   Step 2: Look at the records

   Reconciled books mean the starting price. A backlog is quoted separately and cleared first.

3. 3

   Step 3: Price agreed, then filed

   The fee in writing before paid work, then the return filed and explained.

How much does a T2 corporate tax return cost in Canada?

At HBT Accounting a corporate year end with the T2 return starts at $2,500. A corporation with minimal activity starts at $1,500 and a nil return for a dormant company starts at $750. Compilation and financial statements start at $1,750, and an additional corporation starts at $1,500. All amounts are starting prices plus GST or HST where it applies, and depend on the condition of the records.